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In certain conditions, a time-barred debt can be revived. Making any payment on an old debt may reset the statute of limitations, giving debt collectors a fresh opportunity to sue you.
Time-barred debt doesn’t mean you’ll be left alone by debt collectors. Although your debt might be covered under the statute of limitations, that doesn’t mean debt collectors have to stop ...
Equitable recoupment is a judicially created defense most commonly applied in legal cases in the federal and state tax systems of the U.S.. [1] [2] This doctrine can allow, under specific circumstances, the government to defeat a refund claim or a taxpayer to avoid an assessment on the basis of a past underpayment or overpayment that is outside the statute of limitations period.
Common law legal systems can include a statute specifying the length of time within which a claimant or prosecutor must file a case. In some jurisdictions (e.g., California), [2] a case cannot begin after the period specified, and courts have no jurisdiction over cases filed after the statute of limitations has expired.
The Texas Law Review is wholly owned by a parent corporation, the Texas Law Review Association, rather than by the school. The Review is the 11th most cited law journal in the United States according to HeinOnline's citation ranking. [1] Admission to the Review is obtained through a "write-on" process at the end of each academic year. Well over ...
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The Fair Debt Collection Practices Act (FDCPA), Pub. L. 95-109; 91 Stat. 874, codified as 15 U.S.C. § 1692 –1692p, approved on September 20, 1977 (and as subsequently amended), is a consumer protection amendment, establishing legal protection from abusive debt collection practices, to the Consumer Credit Protection Act, as Title VIII of that Act.
For many of these borrowers, the funds were essential to their education, but for some — like 20-year-old Abigail from Fort Worth, Texas — the money was used to fund a lifestyle upgrade.