Legal Question in Civil Litigation in Illinois
Promissory Note Statute of limitations
if a promissory note has gone past its statuate of limitations and no payment was made on it during that time is it still valid and can you be sued for the amount on the note
Asked on 1/15/09, 1:54 pm
1 Answer from Attorneys
Burton Padove
Indiana and Illinois Lawyer, Burton A. Padove
Re: Promissory Note Statute of limitations
No.
Answered on 1/15/09, 2:14 pm