Federal protections still matter
Federal collection and credit reporting rules may apply, but state law can add protections and affect lawsuits, exemptions, garnishment and limitation periods.
Do not rely on a generic limitation number
The applicable period can depend on the agreement, later events, residence and contract law. Get state-specific advice before paying or acknowledging an old debt.
When court papers arrive
Record the date shown and seek legal help promptly. Ignoring a case can lead to default judgment.