What to Do if You’re Contacted About a Time-Barred Debt

If you have been contacted about a time-barred debt, it is important to understand your rights and options. A time-barred debt is one that has passed the statute of limitations, which varies by state and the type of debt. Depending on your location, creditors may attempt to collect on debts that are no longer legally enforceable. Knowing what to do if you are contacted about a time-barred debt can help protect yourself from being taken advantage of or being held liable for any amount owed.

The first step if you are contacted about a time-barred debt is to review your state’s statute of limitations for this type of debt. You should also obtain copies of all relevant documents related to the debt in question, such as contracts or statements showing when the payments were originally due.