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View Full Version : Statute of Limitations on Student Loan Judgments


mosmama
Mar 16, 2007, 04:29 PM
I had a judgment on a student loan. The judment was over ten years old. I thought the statute of limitations had run and therefore the judgment and the higher interest on the judgment were no longer valid. I have now been told judgments on student loans never expire. They do on other types of debt, but not student loans.

I know student loans are collectible forever, meaning the principal and contracted interest. Does anyone know if judgments on them expire with the statute of limitations?

Fr_Chuck
Mar 16, 2007, 06:18 PM
The laws and rules on gov guarnteed student loans are different from many other debts, ( they can not even be discharged though bankruptcy normally)

I can't find the actual law on it, but it was my understanding they don't expire.

maryp8
Jul 28, 2010, 12:55 PM
I had a private, not federal loan in 1968, known as a Gulf loan for $600.00, now the University wants $1,887.98
I can not get a job with the school district, because, they have my transcript, is not the statue of limitations
In Texas expired in this loan?
Mary A.

DownUnder
Jul 28, 2010, 04:58 PM
Well,debt never expires morally,but why did you not address this issue sooner? Did you not years ago try to pay this?
C'mon now (1968)! Did you not know there was a judgement against you? Sorry but I have a hard time understanding this one.