Statute of Limitations

As a licenced Nationwide Collection Agency, Fidelity Information Corporation collects files nationally, nationwide, all fifty states, and the united states.

The legal meaning for statute of limitations is: THE TIME OF COMMENCING ACTIONS - Time allowed that litigation - lawsuit can be brought. (See complete legal meaning of Statute of Limitations) If your statute of limitations has expired that means that the debt cannot be enforced by lawsuit, however that does not dismiss the debt and the creditor can still leave it on your credit for 7 years (excluding some public records, those can remain for 10 years).

Following is some important information on state debt recovery laws including: Statutes, Judgments, Garnishments, Interest Rates, and Bad Check Laws.