I've been asked about a very old debt
Being contacted about a debt from years ago can be confusing. There are sometimes time limits on old debts, but they're complex — so check before you act.
This guide helps you
- Understand that old debts can be complicated
- Know why you shouldn't simply assume a debt has expired
- Avoid accidentally restarting the clock on an old debt
- Get advice before paying or acknowledging it
6 min read
What's happening
Sometimes a debt from many years ago resurfaces, often after it's been passed to a collector. There can be legal time limits affecting whether very old debts can be enforced — but these are complex and vary by state and debt type.
Because of this, it's important to get advice before you do anything, rather than assuming the debt has gone away.
Your first steps
Be careful what you say or pay until you understand your position:
- Ask for details in writing — when the debt started and the last activity on it.
- Don't make a payment or sign anything yet.
- Don't admit the debt is yours until you've had advice.
In some cases, paying or acknowledging an old debt can restart time limits, so caution matters.
Step by step
- Get the dates in writing. When did the debt arise and when was it last paid?
- Hold off on payment. A small payment can sometimes have unintended effects.
- Check whether it's even yours and the amount is right.
- Seek advice on the time limits that apply in your state.
- Then decide with the full picture in front of you.
Your rights
Time limits on enforcing debts exist, but they depend on your state, the type of debt, and the circumstances — there's no single national figure to rely on. A collector contacting you about an old debt isn't automatically doing anything wrong. Look up unfamiliar terms in our glossary.
Where to get free help
Old debts are exactly the kind of situation where free advice helps. Call the National Debt Helpline on 1800 007 007 before paying or acknowledging anything, and read more in our help centre.
Key takeaways
- Don't assume an old debt has simply expired — the rules are complex.
- Paying or acknowledging a debt can sometimes restart time limits.
- Get the dates in writing and seek advice before acting.
- Free advice is available on 1800 007 007.
Frequently asked questions
Is there a point where a debt is too old to chase?
There can be time limits, but they vary by state, debt type and circumstances. Get advice rather than assuming a debt has expired.
Could paying a little restart the clock?
In some situations, paying or acknowledging an old debt can affect time limits. That's why it's wise to seek advice first.
Should I tell them it's mine?
Hold off on confirming the debt until you've had advice, as acknowledging it may have consequences for old debts.
This is general information, not legal or financial advice. Your situation is unique and rules can vary by state and over time — for advice on your circumstances, speak to a free financial counsellor (National Debt Helpline 1800 007 007) or get legal help.
Know your options, know your rights
A free, plain-English guide to dealing with debt in Australia — and the people who can help.