| Comment | Basically it's 5 years from your last contact/acknowledgment of the debt.
From https://www.nationaldebtline.org/fact-sheet-library/statute-barred-debts-s/
If the creditor can prove that you wrote to them admitting the debt, or you or anyone else owing the debt made a payment before the debt was extinguished, then the five year limitation period would start running from the date you last made contact or made a payment. If you are being asked to pay a simple contract debt that you think it extinguished, you can use the Time has run out to recover the debt sample letter to write back to the creditor. This tells them about the Prescription and Limitation Act and disputes that you owe the debt. Keep a copy of any letter that you send. |
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