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What is the statute of limitations UK
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Контент предоставлен Todd Davis and Kia Thompson, Todd Davis, and Kia Thompson. Весь контент подкастов, включая эпизоды, графику и описания подкастов, загружается и предоставляется непосредственно компанией Todd Davis and Kia Thompson, Todd Davis, and Kia Thompson или ее партнером по платформе подкастов. Если вы считаете, что кто-то использует вашу работу, защищенную авторским правом, без вашего разрешения, вы можете выполнить процедуру, описанную здесь https://ru.player.fm/legal.
Debt is a common aspect of most people’s lives. Whether it’s credit card bills, student loans, or medical expenses, it’s not uncommon to owe money to various lenders.
However, what happens when you are unable to pay back that debt? Can creditors come after you indefinitely? The answer lies in the statute of limitations on debt collection.
The statute of limitations on debt collection is a law that sets a time limit for creditors to take legal action against a borrower for unpaid debts. This time limit varies depending on the type of debt and the state in which you reside. In this blog, we will dive deeper into what the statute of limitations on debt collection is, how it works, and what it means for you.
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