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That depends on the law of the state in which the contract was made. In some contracts, the parties can specify that it is to be governed by the laws of a state other than the one it was made in, so check the contract too. The SOL for contracts is sometimes different than the SOL for torts. In NJ a contract SOL is 6 years, while the tort SOL is 2 years (with certain exceptions not necessary to go into here).
What else can I help you with?
Is there a time limit that a third party collector has to collect a debt?
There are not time limits in which the collection of a debt can be pursued. All states do have statutes of limitation which designate the time in which a creditor has to file a lawsuit to collect monies owed.
Can you file a lawsuit against a hospital if you were diagnosed wrong 2 years ago?
Possibly. There are time limits on bringing a civil lawsuit called statutes of limitation. These time limits vary by state, by type of claim, and the facts of your case. I stronglysuggest you speak to lawyer as soon as possible. Good luck.
What is the statute of limitation for filing a lawsuit against your lawyer?
The Statue of limitations for filing a lawsuit against your lawyer is one of two times. One year from the time you discover the wrongful act or omission. It is also four years from the date of the wrongful act or omission.
What is the statute of limitation on credit card debt in texas?
In Texas, the statute of limitations on credit card debt is typically 4 years. This means that creditors have up to four years to file a lawsuit to collect the debt. After this time period has passed, the debt is considered "time-barred" and creditors can no longer sue for payment.
What is Statute of limitation on false accusation lawsuit?
If I was falsely accused of doing things to my girlfriends 2 girls and boy By her Ex-husband and grandmother that works for DHS.
Does statute of limitation on debt restart when sold to new collections?
The Statute of Limitations runs from when the debt is incurred. It is not restarted if the debt is sold. The only way it can be extended is by a payment, or lawsuit.
What is the Statute of limitation for lawsuit against a drug company in North Carolina?
Well I don't live in North Carolina but I think you should ask someone who lives in North Carolina.
Is the time cost of a lawsuit significant?
The time cost of a lawsuit is significant depending on how long it is and what you stand to gain by filing it. Each case will have it's own time cost factors.
Can a lawsuit last more than 30 years?
A lawsuit can go on for any length of time. It is unusual for a lawsuit to go on for more than 30 years, but it is possible.
What are the file processing limitations in PHP?
Hum, i don't thing there will be any limitations for that, just make sure your processing done in time limitation period, there is a script time limitation that can be handled (no need to be worry): set_time_limit(0); By using above code in the beginning of your source code, time limitation will be disabled :)
What are the limitation of action research?
· Time consuming and complex to conduct
What is the limitation of Time Series analysis?
its only for short term
