Debt Collectors and Statute of Limitations

Question: Is there a statute of limitation on how long a bill collector keeps your file open.

How Long Can Debt Collectors Contact You?

The Statute of Limitations is provincial legislation, so it varies from province to province and state to state.   In Ontario for example the limitation for certain debts is two years.

NOTE: That doesn’t mean that after two years the debt goes away.  It simply means that if the creditor sued you, your defense would be that you have not made payments for two years, and therefore they would not be able to get a judgement against you.

Practically, bill collectors prefer to only pursue recent accounts, since those are the accounts that they will have the most potential success in collecting. It is not unheard of however that you will receive collection calls for long outstanding debts.

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