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Statute of Limitations on Debt in Mississippi

In Mississippi, most contract and debt lawsuits, including open accounts and oral contracts, must be filed within 3 years, while a note payable at a definite time has 6 years.

Last checked . General information, not legal advice.

Mississippi at a glance

Written contracts
3 years
Mississippi's general 3-year catch-all period applies.
Oral contracts
3 years
Promissory notes
6 years
Six years after the due date under the UCC for a note payable at a definite time.
Open accounts
3 years
Applies to open accounts or accounts stated not acknowledged in writing signed by the debtor.

Sources

Last checked

The rules in Mississippi

What is the statute of limitations for a written contract in Mississippi?

Written contracts in Mississippi: 3 years. Mississippi's general 3-year catch-all period applies.

What is the statute of limitations for an oral contract in Mississippi?

Oral contracts in Mississippi: 3 years.

What is the statute of limitations on a promissory note in Mississippi?

Promissory notes in Mississippi: 6 years. Six years after the due date under the UCC for a note payable at a definite time.

What is the statute of limitations on an open account, such as a credit card, in Mississippi?

Open accounts in Mississippi: 3 years. Applies to open accounts or accounts stated not acknowledged in writing signed by the debtor.

Where do the Mississippi statutes of limitations on debt come from?

The rules above come from Miss. Code 15-1-49, Miss. Code 15-1-29 and Miss. Code 75-3-118. Each source is linked on this page. We last checked them in October 2026.

What this means in practice

The clock usually starts when the debt is breached, which for a loan or account is often the date of the missed payment or the last payment made. In some states a new payment or a written acknowledgment of the debt can restart or extend the period, so the starting date matters as much as the length.

A statute of limitations is generally a defense the person being sued has to raise. If a lawsuit on an old debt is filed and nobody responds, the court can enter a judgment even if the period had expired. Judgments have their own, separate enforcement periods.

Which state's deadline applies is not always obvious. Contracts may contain a choice of law clause, and some states have borrowing statutes that apply a shorter period from another state. Federal rules also bar debt collectors from suing or threatening to sue on time-barred consumer debt. For a specific dispute, check the statute and consider talking to an attorney.

General information, not legal advice. Laws change, and cities can add their own rules, so check the current statute before you rely on it.