What Can Restart the Debt Statute of Limitations?

Question: What Can Restart the Debt Statute of Limitations?

Answer: Certain actions can restart the debt statute of limitations on a dormant account. This includes:

• acknowledging that you owe the debt
• making a payment
• entering a payment plan
• making an agreement to pay
• making a charge on the account

If the clock on the statute of limitations restarts, it starts back at zero. This gives the creditor or collector more time to use the court to force you to pay the debt.

More FAQs on Debt Statute of Limitations