BC Services general counsel Porter Heath Morgan says that usually when customers sees the debt on their credit report or letters of debt, they complain. It states that a statute of limitations usually starts to operate on the last activity of an account. Total Card senio...
Beware of the borrowing statute; time may run out. (statute of limitations; includes related article on state borrowing statutes)Hansen, Barry C
The normal statute of limitations is three years from the date the return is filed. That is how long the IRS has to challenge the accuracy of the return and assSkarlatos, Bryan C.Septimus, JosephSocial Science Electronic Publishing