Update from Your Collection Lawyer: Federal Government Shortens the Amount of Time it has to Collect Monies Owed to the Social Security Agency

Update from Your Collection Lawyer: Federal Government Shortens the Amount of Time it has to Collect Monies Owed to the Social Security AgencyThis update from your collection lawyer is about how the Social Security Administration had been collecting past due debts from people and their families without any regard to how old the debt was. There was no statute of limitations as to how long someone could owe taxes.

Now the social security administration is imposing a statute of limitations of 10 years. Additionally they are no longer collecting money from the family members. Your collection lawyer agrees with the FTC that they should not have been doing this to begin with and is glad that these limitations are being imposed. Read more to learn more about this topic.

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