Pennsylvania Collection Report
Description
How to fill out Collection Report?
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FAQ
Debt that is 12 years old typically falls beyond the statute of limitations for collection in Pennsylvania, making it unlikely for collectors to pursue it legally. However, if you engage with a collector about this debt, it could reset the clock, allowing them to pursue collection again. To avoid confusion, always refer to your Pennsylvania Collection Report and make informed choices when dealing with creditors.
The state of Pennsylvania typically has a 4-year statute of limitations for most debts. This means that if your last made a payment on your debt was four years ago, a creditor cannot legally sue you. If they do, they are in violation of the statute of limitations.
Pennsylvania does permit what is called "bank garnishment." This means if you have money in a bank, a creditor may obtain a judgment against you in court and garnish whatever money is deposited there even if that money is from a direct deposit of wages. Once the money is in the bank, it is subject to garnishment.
A creditor can sue you if you get behind in your payments. The creditor may file a law suit at the Magisterial District Court if it's for a small amount, or may sue you in the County Court of Common Pleas, or in Federal Court. A PA constable or sheriff must serve you with a copy of the Complaint.
Pennsylvania is a debtor friendly state because marital property is exempt and wages cannot be garnished (absent very limited circumstances).
A creditor can sue you if you get behind in your payments. The creditor may file a law suit at the Magisterial District Court if it's for a small amount, or may sue you in the County Court of Common Pleas, or in Federal Court. A PA constable or sheriff must serve you with a copy of the Complaint.
You can't be prosecuted criminally or be sent to jail for failing to pay ordinary debts. (You can, however, be criminally prosecuted for failing to pay some special kinds of debts such as child support, fines, or debts caused by fraud, bad checks, or theft.)
If you receive PA or SSI, all of your earned income is exempt from debt collection. Earned income up to 30 times the minimum wage per week, after taxes, is exempt. The minimum wage is currently $15.00 an hour. If you take home $450.00 per week or less, all of your earned income is exempt from debt collection.
In Pennsylvania, it's legal for a person or company to garnish your wages for past-due debts. Losing this money can make it difficult to pay the rent or your other essential monthly costs. Fortunately, there are limits to this debt collection method, and Pennsylvania has more wage protections than many other states.
