Please ensure Javascript is enabled for purposes of website accessibility
Home / Law / Bankruptcy / High court backs bids to collect outdated debt in bankruptcy

High court backs bids to collect outdated debt in bankruptcy

A divided U.S. Supreme Court ruled that debt collectors can use bankruptcy proceedings to try to collect liabilities that are so old the statute of limitations has expired. Voting 5-3, the court said companies don't violate the U.S. Fair Debt Collection Practices Act when they file bankruptcy claims on that type of years-old debt. Justice Stephen ...