Ask Experts Questions for FREE Help !
Ask
    Fretless's Avatar
    Fretless Posts: 6, Reputation: 1
    New Member
     
    #1

    Dec 4, 2008, 03:09 PM
    Wrinkles on Statute of Limitations on NY Debt?
    I understand that pursuant to NY Practice Rules on Statutes of Limitations with respect to debt collection in NY, that the period is 6 years from the date of last payment (Article 2-213). I have also read, however, that the tolling calculation in certain instances requires tacking on another 6 months to that date. Does anyone know if that's the case in NY or is the date of last payment the date the 6 year period begins to toll?

    On a related question, the NY statute (Article 2-213-a) also states that the Statute of Limitations is 4 years for "residential rent overcharge." My issue concerns the non-payment of rent in NY. Does anyone one specifically what "residential rent overcharge" relates to?

    Thanks in advance.
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
    Uber Member
     
    #2

    Dec 4, 2008, 03:49 PM
    Quote Originally Posted by Fretless View Post
    I understand that pursuant to NY Practice Rules on Statutes of Limitations with respect to debt collection in NY, that the period is 6 years from the date of last payment (Article 2-213). I have also read, however, that the tolling calculation in certain instances requires tacking on another 6 months to that date. Does anyone know if that's the case in NY or is the date of last payment the date the 6 year period begins to toll?

    On a related question, the NY statute (Article 2-213-a) also states that the Statute of Limitations is 4 years for "residential rent overcharge." My issue concerns the non-payment of rent in NY. Does anyone one specifically what "residential rent overcharge" relates to?

    Thanks in advance.


    In NY the Statute for debt is 6 years from last activity on the account - payment or charge, not just payment. I own a process service company and have never seen an extension. Such a thing may exist but I have never seen it and I can't find any law.

    I believe residential rent overcharge refers to partially subsidized housing when the landlord takes more from the tenant than he/she is entitled to take by law. In NYC I believe it also refers to rent controlled units - where the landlord charges more than he/she is entitled to charge.
    Fretless's Avatar
    Fretless Posts: 6, Reputation: 1
    New Member
     
    #3

    Dec 10, 2008, 03:44 PM

    Thanks, Judy. I assumed that the subsection that concerned rental overcharge was not relevant to a landlord suing for failure to pay rent by a tenant - but more for a tenant's action against a landlord.

    Also, do you know - when you say "payment or charge" - with respect to a "charge" is that related to credit card charges? I would presume that even if rent was due under a lease, yet not paid, that due amount would not constitute a "charge." I would assume that the last day rent was actually paid would begin the tolling of the statute.

    Thanks

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Statute of Limitations re: Debt [ 5 Answers ]

Good afternoon, I live in Ontario, Canada, and my question pertains to the Statute of Limitations law on debt collection applicable in this province. On April 15, 2003, I was given a Post-Dated cheque as payment for a debt. The cheque was Post-Dated for April 15, 2004. Approximately six...

Statute of limitations debt [ 2 Answers ]

I got a call from a collection company, saying I owe 14,000 in a old student loan I got from the bank of nova scotia in November of 1998.I asked for a copy of the loan, they e-mailed it to me and the loan was not in my name, same last name but not the correct first name. The collections company...

Statute of limitations on a debt? [ 9 Answers ]

Does anyone know how far back a creditor can go back to collect on a debt? As I've stated before on here, I am being sued for a credit card debt, a credit card that I never applied for, received, had possession of or used. But they are saying the last activity was over four years ago. I was...

MD statute of limitations on debt [ 1 Answers ]

When does the 3 year period for the debt statute of limitations on credit card debt begin, at last payment or when it is charged off? Thanks!

Fl Debt Statute of Limitations [ 2 Answers ]

I'm looking for more information on Florida's Statute of Limitations for debt collection. How long is it really? I have a debt that has not been touched since 1998, so as far as I understand, it should no longer show on my credit report no matter what as of 2002? (I also was not absent from the...


View more questions Search