What is the statute of limitations for old debts?

I am being pursued by collectors on a debt that is 15 years old.
4 Answers
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You're always welcome! It's very sorry to hear about you and about your wife. I pray so that she recovers soon. However, I'm warning you again that dare not try to pay the bills as you are now not legally bound to pay them. Even if you don't pay them, you won't see any negative mark on your credit report. As the SOL period is long passed, they can't sue you for the bills. However, they will always try to collect it from you. Never pay them a single penny on the outstanding accounts. If you do, you'll be just restarting the debt clock and giving them with a chance to sue you for the debt. Please let me know if I can do anything more for you. Thanks.

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Then the collector has lost his legal rights to pursue you for the debt as the statute of limitations period is over.

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Just check out https://www.ovlg.com/laws/statute-of-limitation.html

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It completely depends on your state laws. On which state you are residing?

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