Federal Statute of limitations on debt/judgements

Posted by scott purvis on April 01, 2001 at 21:56:28:

My wife has been contacted by a collection agency about
a debt to the VA for school benefits she last received
in 1991. Her 1992 thru 1994 tax refund was garneshed to
pay off this debit. When the feds did not garnish her
1995 tax refund she assumed the debit was paid. Now
this collection agency syas she owes $3900.00 dollars.
She thought her original debt was around $1600. She
had $1150 garneshed from her tax refunds. I found the
state debt limits, but what are the federal limits on
debt and judgements? We will pay any remaining amount
owed (she thought it was paid off) but not any interest
or penalties since no one told her she owed any more
money.

Thank for any info-Scott

Follow Ups:

• SBA loan, bad debt statute of limitations mary ann hernanez 04/12/01 (0)
• Re: Get rid of the collection agency first then worry Techea Davis 04/11/01 (1)
• Get rid of the collection agency first then worry Bill Bauer 04/11/01 (3)
  • Re: Get rid of the collection agency first then worry Bill Bauer 04/12/01 (0)

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