Please Note: In some provinces, if you have not made payments on a debt in some time and you contact a creditor in writing, either on your own or with one of the sample letters below, that may constitute “acknowledging the debt” and restart the statute of limitation in the same way making a payment does.
Always use the term “alleged debt” when speaking with collectors or creditors. Sometimes, they may try to get you to verbally acknowledge the debt. This too could restart the statute of limitation.
The statute of limitation that determines how long a creditor has to collect on a debt that’s no longer acknowledged by the debtor varies by province and ranges from 2 to 6 years.
Credit reporting agencies also report debts on your credit report based on the date of last activity on the debt. After 6 years of no activity, a debt is usually no longer reported by the credit reporting agencies.