We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. By Angelica Leicht Senior Editor, Managing Your Money Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing roles at The Simple Dollar, Interest, HousingWire and other financial publications. Read Full Bio March 19, 2026 / 11:34 AM EDT / CBS News Add CBS News on Google One of the most serious potential debt lawsuit outcomes is a frozen bank account, but there are limitations to this tactic. Aldo Ottaviani - Italy/Getty Images Dealing with old, unpaid debt isn't just expensive; it can also be surprisingly frustrating. After all, when it comes to aging debt, the timelines for what can happen (and when) are confusing.…