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2. What is the statute of limitations on debt? - AOL

   www.aol.com/finance/statute-limitations-debt...

   It all depends on the credit card statute of limitations by state and the specific type of debt, but generally ranges from three to six years. ... Michigan. 6. 6. 6. 6. Minnesota. 6. 6. 6 ...

3. 8 steps to remove old debt from your credit report

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   2. Verify the age of any outstanding debts. If you want to remove old debt from your credit report, you need to verify the age of your debt. According to Maxine Sweet, former vice president of ...

4. Nearly one-fifth of Americans have ‘maxed out’ their credit ...

   www.aol.com/finance/nearly-one-fifth-americans...

   Credit card debt is growing at an "alarming" pace. Credit card debt is growing at an "alarming" pace. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 ...

5. Your State-by-State Guide to Statute of Limitations on Debt - AOL

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6. Credit CARD Act of 2009 - Wikipedia

   en.wikipedia.org/wiki/Credit_CARD_Act_of_2009

   The Credit Card Accountability Responsibility and Disclosure (CARD) Act of 2009 is a federal statute passed by the United States Congress and signed by U.S. President Barack Obama on May 22, 2009. It is a comprehensive credit card reform legislation that aims "to establish fair and transparent practices relating to the extension of credit under ...

7. Statute of limitations - Wikipedia

   en.wikipedia.org/wiki/Statute_of_limitations

   A statute of limitations, known in civil law systems as a prescriptive period, is a law passed by a legislative body to set the maximum time after an event within which legal proceedings may be initiated. [1] [2] In most jurisdictions, such periods exist for both criminal law and civil law such as contract law and property law, though often ...

8. What is a 1099-C Cancellation of Debt form? - AOL

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   Although there is a statute of limitations on old debt, there’s no statute of limitations on 1099-C forms—which means that lenders and debt collectors occasionally send out 1099-C forms on ...

9. Borrowing statute - Wikipedia

   en.wikipedia.org/wiki/Borrowing_statute

   The purpose of borrowing statutes is to prevent plaintiffs from engaging in forum shopping in order to find the longest available statute of limitations. A borrowing statute is applied where a plaintiff sues in a state different from the state where the act that is the basis of the lawsuit occurred. [2] For example, if a person is injured in a ...