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  • Dec 17, 2007, 03:09 PM
    envee505
    Statute of Limitation?
    Just have a question about how I can get information on the statute of limitation in New Mexico for various debts.
  • Dec 17, 2007, 03:47 PM
    N0help4u
    Debt collection statute of limitations listed by state

    New Mexico Statutes of Limitation

    Contract in writing: 6 years (except any contract for the sale of personal property is 4 years or the last payment, whichever is later).

    All other creditor-debtor transactions are 4 years after accrual of the right to sue.

    NOTE 1: An action accrues on the first date on which the creditor can sue for a breach or for relief, generally from the last purchase or the last payment.

    NOTE 2: If the limitations period has expired, an acknowledgment or payment starts the period running again.

    Judgments: 14 years.




    Also when you get caller ID numbers from collection agencies you can type the number in phone number space on this page to see what others have to say about them

    Phone Number Comments
  • Dec 17, 2007, 04:14 PM
    envee505
    Quote:

    Originally Posted by N0help4u
    Debt collection statute of limitations listed by state

    New Mexico Statutes of Limitation

    Contract in writing: 6 years (except any contract for the sale of personal property is 4 years or the last payment, whichever is later).

    All other creditor-debtor transactions are 4 years after accrual of the right to sue.

    NOTE 1: An action accrues on the first date on which the creditor can sue for a breach or for relief, generally from the last purchase or the last payment.

    NOTE 2: If the limitations period has expired, an acknowledgment or payment starts the period running again.

    Judgments: 14 years.




    Also when you get caller ID numbers from collection agencies you can type the number in phone number space on this page to see what others have to say about them

    Phone Number Comments

    THANKS! So a question for you does this appy to me because I am in New Mexico or does it go by different statutes based on where the creditor is located?
  • Dec 17, 2007, 04:41 PM
    N0help4u
    I gave you the New Mexico one and the link
    It goes by your state not the creditor.

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