Programs vary significantly by field and college. A master's of business administration, or MBA, usually ranges anywhere from 30 to 60 credits. A full-time student can normally complete the 30 credit program within a calendar year, but it would typically take at least two years for the 60 credit degree.
In most states, collectors can try to collect after the statute of limitations has expired but they canât misrepresent the debt and if they try to sue you, you can raise the statute of limitations as a defense.
The statute of limitations for collection is found in IRC 6502. In order for a suit to reduce the tax liability to judgment to suspend the collection period, it must be filed prior to the CSED. The filing of a suit to reduce the tax liability to judgment will suspend the collection statute during litigation.