What is the statue of limitations for collecting on a bad check?

Full question:

What is the statue of limitations for collecting on a bad check? I made a payment on it in April. If I send them a cease and desist letter can they still take me to court? Can any collection agency take me to court if they receive a cease and desist letter or does the account revert back to the original creditor? If I send them what money I can each month, are they still able to take me to court?

  • Category: Debts and Credit
  • Subcategory: Bad Checks
  • Date:
  • State: Illinois

Answer:

Whether you can submit partial payment depends on the terms of the contract.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

A debt typically becomes uncollectible after the statute of limitations expires, which varies by state. For most debts, this period ranges from three to six years. However, certain actions, like making a payment or acknowledging the debt, can reset this clock. It's essential to check your state's specific laws to understand when a debt may become uncollectible.

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