Statute of Limitations on Debt in Oregon
- The expiration of the statute of limitation is an affirmative defense that must be raised by the debtor in its first response to the creditor's complaint. If the statute of limitation has expired, the lawsuit may be dismissed by the judge.
- The statute of limitation for debt based on an oral or written contract is six years from the date of breach of the contract (i.e., nonpayment). If a debtor makes a payment on the debt after defaulting, the statute of limitation begins to accrue anew in the event the debtor defaults again.
- The statute of limitation for debt based on a personal injury is two years from the date the injury occurred or when the injury should have been discovered.