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How New York’s Statutes of Limitations on Debt Protect You

In New York, the statute of limitations on debt is six years. This means that if you owe money to someone and they do not sue you within six years, they can no longer sue you for that debt. The statute of limitations begins when the debt is incurred, which is usually when you sign a contract or agreement to pay the debt.

There are some exceptions to the statute of limitations, such as if you leave the state of New York or if you file for bankruptcy. If either of these things happen, the statute of limitations may be extended. However, in most cases, the six-year statute of limitations will protect you from being sued for an old debt.

If you are being sued for a debt that is more than six years old, you should bring up the statute of limitations as a defense against the lawsuit.

The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.

Our goal is to help you find a fresh start FAST!

Schedule your free consultation today! By Calling 626-338-5505 or visiting us at the 12738 Ramona Blvd Baldwin Park CA 91706


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