Federal regulations · Through 2026-08-25 · Newer source version available

12 CFR 1006.26: Collection of time-barred debts.

Where this section sits in the code

Title 12—Banks and Banking
CHAPTER X—CONSUMER FINANCIAL PROTECTION BUREAU
PART 1006—DEBT COLLECTION PRACTICES (REGULATION F)
Subpart B—Rules for FDCPA Debt Collectors

(a) Definitions. For purposes of this section:

(1) Statute of limitations means the period prescribed by applicable law for bringing a legal action against the consumer to collect a debt.

(2) Time-barred debt means a debt for which the applicable statute of limitations has expired.

(b) Legal actions and threats of legal actions prohibited. A debt collector must not bring or threaten to bring a legal action against a consumer to collect a time-barred debt. This paragraph (b) does not apply to proofs of claim filed in connection with a bankruptcy proceeding.

Collected 2026-08-27T02:24:16Z. Source file · JSON

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