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Threats by creditor to file suit or to send something to debt collection do not extend/pause/toll the statute of limitations. (Also, FDCPA deals with what a collection agency can and cannot do when collecting a debt; FDCPA generally does not influence the statutes of limitation of the debt.)
There is no mandate to have to wait prior to filing a civil complaint in a court of law. Many creditors - including Associations - try to collect via other means prior to filing suit, but they do not have to and may file a suit immediately.
The Association may continue to collect on a debt - via collection agency or a lawsuit - even after foreclosure, if the debt was not fully satisfied via the foreclosure process.
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