Debt Statute of Limitations

This cheat sheet gives you the debt statute of limitations at your fingertips. The SOL is the definitive amount of time debts are legally owed, collected or can be successfully sued over. As a credit repair organization, knowing if a debt is expired or not gives you an edge. This length of time is determined by the type of contract (Open Ended, Promissory, Written or Oral Contracts) and is also determined by the STATE in which the debtor lived when the debt began. Download and print this chart, it will come in handy!