Exclusions

• Not all debts have a statute of limitations. Federal student loans, state and federal taxes, court-ordered child support and fines (speeding tickets, for example) are still collectible regardless of how old they are.
  
  

Open Accounts

• Open accounts are revolving credit accounts, such as credit cards. The statute of limitations on these can be as short as three years or as long as 10 years.
  
  

Written Contracts

• A car loan is an example of a written contract. The statute of limitations on written contracts is typically a little bit longer; anywhere from three years in some states to 15 years in others
  
  

Important

• It's important to check with your state's civil code or with an attorney for the most up to date information.