What is the statue of limitations for apartment debt?

Answer by  Dean (4035)

The landlord or property manager will pursue collection and probably for a judgment. The account may be sold to collections for additional efforts to collect. The SOL for debt varies from one state to another. It runs anywhere from two to fifteen years. "Scavenger collectors" are the ones who call on really old debt. Check your state laws.

Answer by  patti (29325)

It depends on where you live. The laws is different in each state. Debt can be pursued from two to fifteen years. If the debt is old and you are getting calls, it is likely that the debt has been sold to "scavengers" who use strong-arm tactics to try to force you to pay. Research your state's laws.

Answer by  mom (244)

Statue of Limitations vary by state, however, the average statue of limitations on contract debt(which is what Apartment debt falls under) is 6 years.

Answer by  John (9008)

The rules for this vary from state to state, so you will need to consult an attorney licensed in the state where the apartment is located to know for sure. It may also depend upon the type of "debt," as rules can differ for damage or unpaid rent.

Answer by  zaktak (28)

There is no set statute of limitations for apartment debt specifically. However there is a statute of limitations for your state. You need to contact your apartment owner from which you are renting from or consult a legal advisor concerning your debt. Depending on the state laws in your state you should be able to revocer from the debt.

Answer by  MarshaKeeffer (74)

Landlords can report unpaid back rent to credit agencies where it will stay for 7 years. This can hurt your credit rating.

Answer by  John (9008)

Statutes of limitations vary from state to state, so it will depend upon where the apartment is located. Commonly, the time runs from between one and ten years.