Can you file a lawsuit on expired debt?

Do you have expired claims?

Are you unsure if the statute of limitations has run out?

Are you worried about the consequences of filing a lawsuit on an expired debt?

Consequences of filing a lawsuit on an expired debt include:

Dismissal and sanctions: When a judge realizes that a claim is beyond the statute of limitations, he or she may dismiss the claim on their own initiative or on the motion of the defendant, and may even assess a fine or penalty for starting a suit that has no legal merit. Sometimes the defendant also receives an award of attorney fees.

Counterclaim: As a result of your filing litigation beyond the statute of limitations, the defendant may file a counterclaim for violation of the Fair Debt Collection Practices Act or similar state or local consumer protection acts.

A few states forbid collections lawsuits after the limitations period has run so ignoring the limitations period can put you in front of an angry judge.

Call Experienced Debt Collectors in Michigan Today!

If you’re a business owner, you may decide that having a debt collection law firm work on your unpaid invoices is your best choice. That’s an area we specialize in, and we’re happy to discuss your options.

Our attorneys know how to get results for our clients and they’re dedicated to getting a satisfactory outcome. Contact our debt collectors in Michigan today at (248) 645-2440 for a free no obligation consultation.