Louisiana 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. Before a consumer agrees to pay off their debt, they should check what the statute of limitations is for their state to ensure that the debt is still due and payable. In Louisiana:

• Open accounts: 3 years
• Oral or written contact: 10 years
• Judgments (domestic and foreign): 10 years
  • If the judgment is not renewed within the 10 years, it becomes null

In Louisiana, the statute of limitations for contracts whether oral or written is 10 years.

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