Definition:
The statute of limitations on debt in Iowa puts a time limit on the amount of time you can be sued for a debt.
Oral Contract: 5 years
Written Contract: 10 years
Promissory Note: 5 years
Open-Ended Accounts: 5 years
Iowa Statute of Limitations
By LaToya Irby, About.com
Suggested Reading
Elsewhere on the Web
Explore Credit / Debt Management
Must Reads
About.com Special Features
Start your new business on the right foot with these helpful tips. More >
Easy steps to take control of your credit card debt. More >
©2009 About.com, a part of The New York Times Company.
All rights reserved.