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Louisiana Debt Collection Laws Debts from a breach of contract in Louisiana have a prescription period of 10 years beginning from the date of breach or last payment to the debt account. Some states have shorter statutes of limitations than others. Kentucky and Louisiana are two

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Some Important Details on Statute of Limitation Laws in Louisiana The “Statute of Limitations” for credit card debt is a law limiting the amount of time lenders and collection agencies have to sue consumers for nonpayment.

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