Arkansas Statute of Limitations on Debt Collection
Consumers being sued by a collection agency should be aware of
the statute of limitations for a breach of contract.
InArkansas, written contracts have a statute of limitations of 5
years. However, if a consumer is convinced to make a payment
by a collector, the statute of limitation period begins anew as a
partial payment or written acknowledgement of default of the debt
tolls this statute of limitations (A.C.A. 16-56-111).
Most cases filed against consumers for unpaid debts are filed as
'breach of contract' claims. Thus, a consumer concerned about
a collector suit, must be aware of the statute of limitations in a
breach of contract action. InArkansascontracts not in writing
have a statute of limitations of 3 years (A.C.A. 16- 56-105).
Debts incurred for medical services have a statute of
limitations of 2 years from the date the service(s) was rendered or
from the date in which the most partial payment was made (A.C.A.
§16-56-106). Prior to entering into an agreement to pay off a debt,
a consumer should ensure the debt is actually still due and