Posted on: 24th Feb, 2011 09:39 am
I am gettting calls from a collections agency in FL for a debt that is 3 1/2 yrs old. It was from a payday loan. What is the statue of limitationson these debts??? I know they can garnish my wages, but this company is calling everyone even my 15 yr old son leaving msg they are investigating a identity theft/fraud investigation. I have asked for proof of the debt so far they have only supplied me with a settlement letter. When I google this company I get nothing but est in 11/2009. They wont accept a money order or cert check only ach draft.
Hi wildcat,
For any written contract, the SOL in Florida is 5 years. If you are not sure that they own your debt, then you should ask them to validate your debt. If they can't validate your debt, then you are not liable for the payments.
For any written contract, the SOL in Florida is 5 years. If you are not sure that they own your debt, then you should ask them to validate your debt. If they can't validate your debt, then you are not liable for the payments.