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I was contacted yesterday from a collection company stating that they are trying to collect an outstanding debt based on Medicare overpayments for a corporation that has been closed since about 2006. I am not an officer of this corporation so I don't know what rights I have and/or if there is such thing as statute of limitations on debt collections. It is a bit complicated because it was a medical corporation it was paid by the Medicare program so unsure if I need a business law advice or something else.
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I recommend finding a health care attorney near where you live. Normally, the statute of limitation for breach of a written obligation is four years from the date of breach. But health care collections, especially federal medicare collections, may have special laws extending the time within which they can pursue collection of overpayments.
Answered on Feb 06th, 2013 at 3:33 PM