Nebraska Statute of Limitations on Debt Collection

The statute of limitations is an established rule that sets a time limit within which a creditor is able to sue you for payment of a debt. The amount of time that a creditor has to sue you is different for each state and if the time that is allowed by your state has passed, a creditor is unable to sue you for the debt. In Nebraska:

• Foreign judgments, written contract or promise (implied or expressed): 5 years
• Liability created by a federal statute in which no other limitation exists: 3 years
• Malpractice: 2 years
• Real estate or foreclosure mortgage actions and product liability: 10 years
• Recovery of personal property, relief on grounds of fraud, breach of contract for sale of goods and open account: 4 years
• Unwritten contracts (implied or expressed): 4 years

If a consumer has an unpaid debt toward a credit card and they are facing a lawsuit, this can stop the statute of limitations from running out if they make partial payments or if they have a written acknowledgement of the debt. The statute will start over from the date of the partial payment or written acknowledgement (Neb. Rev. Stat. §25-216).

If you want to get any more information or if you have questions about the Statute of Limitations in Nebraska, contact The Consumer Advocacy Center at 312-782-5808.