Montana 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 Montana:
- Judgments of decrees in a U.S. court: 10 years
- Judgments rendered in a court not of record: 6 years
- Verbal contracts, accounts or promises: 5 years
- Verbal obligations that are not contracts: 3 years
- Written contacts, obligations and liabilities: 8 years
In Montana, a written acknowledgment that is signed by the debtor or any payment on the debt will cause the statute of limitations to start over.
If you want to get any more information or if you have questions about the Statute of Limitations in Montana, contact The Consumer Advocacy Center at 312-782-5808.