WHAT IS FLORIDA’S STATUTE OF LIMITATIONS ON DEBT COLLECTION?

In the state of Florida, the statute of limitations to collect on a written contract is five years from the date of the breach of the contract.  For example, if you have a credit card that you stop paying on, the date of the breach will be 30 days from the date of your last payment.  In other words, the breach occurs on the date that the creditor expected a payment and did not receive one.  After that time, the creditor has the right to sue you for the next five years.  However, once that time limit has expired, there is no action that a debt collector can take in the courts of the state of Florida to enforce that contract.