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Yes, payday loan agreements often include statute of limitations waivers, which borrowers may be asked to sign. This waiver effectively extends the time frame within which a lender can pursue legal action for non-payment, potentially impacting the borrower's rights. It's essential for borrowers to carefully read and understand the terms before signing, as these waivers can have significant legal implications. Consulting a legal professional can provide clarity on the consequences of such agreements.

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AnswerBot

1w ago

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What happens if you sign a contract in Kansas that has a five year statute of limitation and the fine print says that you waive the statute of limitation as a defense?

You must check the laws of Kansas. Many states will refuse to honor the eaiver of statutes of limitation as being against public policy. Statutes of limitation are designed to make people file lawsuits in a timely manner and nor "sleep on their rights". A waiver of the statute of limitations has a potential of allowing a lawsuit on this contract to have an indefinite life. This would probably not be allowed even if you agreed to it, especially if it is in the fine print.


How can your paintball business not to get sued?

You need lots of insurance and players to sign waivers.


What is the statute of limitations in Florida on written contracts and when does it begin?

Conrtact law states that contracts are binding for as long as the contract is good for. Breach of contract is punishable in varying degrees depending on the contract clauses. There is no statute of limitation on contract laws and the contract takes effect as soon as you sign or agree via a provable method.


Who should i sign from waivers on fantasy basketball nick young or Jordan crawford?

nick young, his game is more complete


What is the form you sign when bungee jumping?

Most bungee places require jumpers to sign release forms and waivers before they are allowed to jump. You should also check that the site is certified and safe before plummeting to the earth.


Can you be made to sign a reliability release form?

Yes, liability release waivers are a very common document in competitive sports from school age to professional levels. Some schools and leagues even require proof of health insurance before children are allowed to participate in conduction with liability release waivers.


Where is the statute of liberty from?

The statue of liberty comes from Germany. Originally, it was a sign of peace to the United States.


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For payday loans try this site: PAYDAYLOANINFO.INFO


You have been accepted to two universities and accepted their respective packages and have loans pending at each with the intention of choosing one what happens with the loans for the other school?

Nothing happens to those loans if you don't sign for them. It's like getting preapproved for a loan at a bank. You are not responsible to repay onless you sign for the loan and receive it.


Can you co-sign student loans for two children?

Yes, it is possible to cosign for student loans for two children. To cosign, one will have to meet the credit requirements.


In 1972 Nixon traveled to communist china to normalize trade relations and then went to where to sign the strategic arms limitation treaty or salt?

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Do NFL teams get compensatory draft picks when one of their players is claimed off waivers by another team?

No, NFL teams do not receive compensatory draft picks when a player is claimed off waivers by another team. Compensatory picks are awarded based on free agency losses and gains, specifically for players who leave in free agency and sign with other teams, not for those claimed off waivers. Waiver claims are treated separately and do not impact the compensatory pick formula.