Maintenance break in the online services on Sunday the 26th of March 2023 between 12 pm–2 pm: Please note that we are doing maintenance in our service environment on Sunday the 26th of March 2023 between 12 pm–2 pm. During this time our online services (okperinta.fi, okonline.fi, myok.fi) are temporary out of service. We are sorry for any inconvenience.

Information about expiry of a debt

In practice, therefore, a debt does not expire if a reminder is sent every three years.

news

In most cases a debt does not expire in 3 years

 

Contrary to popular belief, in most cases a debt does not expire in 3 years. The expiry of a debt can be prevented by reminders, and a debt will expire in 3 years only in the event that a reminder letter about the debt has not be sent.  

If, on the other hand, there is a District Court judgment on a debt, it will not expire until 15 years from the date of the decision. If the creditor is a private individual or a criminal conviction is involved, the period of limitation is extended to 20 years.

With respect to public sector receivables, the debt expires in 5 years. These include, for example, receivables arising from services provided by local authorities, such as day care, dental care and health care.