I purchased a time share many years ago. I paid off the membership fees and maintenence fees in 2004 through a collection agency. Just two days ago another collection agency called trying to collect more money after 8 years. I live in MD and have not had any contact regarding outstanding debt on this account since 2004 when I paid it off. If I dispute or engage in any contact regarding this, does the clock start again.
State/Country relating to question: Maryland
Thank you for your question.The statute of limitations is not reset by engaging in communications or disputing the debt. However, if you make payment on the debt or enter into an agreement regarding a payment plan, that could reset the clock.
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What is the statute of limitation in the state of MD?
If you were to be sued for this type of debt, it would likely be on the basis of breach of contract. In Maryland, the statute of limitations for contracts is generally 3 years.
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