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re: How f***ed am I?
Posted on 3/7/17 at 8:07 pm to VABuckeye
Posted on 3/7/17 at 8:07 pm to VABuckeye
quote:
Applies to crimes, not debt.
A period of limitations applies to all kinds of civil claims, including debts.
Google indicates that the period of limitations (deadline) to file, for example, a KY open account claim is 5 years, but they have a 15 year limit to sue on written contracts, and a few other statutes that it could fall under. Only a KY lawyer with all the relevant facts would know for sure. If it's a different state, then more Google is required. They all differ.
I would not bet on avoiding it by riding out the clock. The collection agency may file suit, and an attorney fee obligation could kick in, depending on what he signed when he registered.
Time to negotiate with the agency.
1
Posted on 3/7/17 at 8:22 pm to Twenty 49
Well if he/she wants his/her degree, there's no way around it but paying.
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