Maine 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 Maine:

• For the most part, any civil action: 6 years (14 M.R.S.A. 752)

The main exception for this is a liability that is under seal, promissory notes signed in the presence of an attesting witness, or on the bills, notes or other evidences of debt issued by a bank, in which case, the limitation is twenty (20) years after the cause of action accrues. (14 M.R.S.A. 751)

Any judgments is accepted as paid after 20 years. (14 M.R.S.A. 864)

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