Fri.Mar 12, 2021

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Collection Agencies in Puerto Rico

Nexa Collect

The FCRA-mandated credit reporting period is the same in Puerto Rico: 7 years for debt, and 10 years for bankruptcies, but note that Puerto Rico has its own statute of limitations for filing lawsuits to collect debts: 15 years. 10, § 981p). Puerto Rico is one of the states that regulate the collection of fees and interest. 981p (12)).