Legal Question in Credit and Debt Law in California
Accounts payable unsecured
What is the statute of limitations on unsecured business accounts in California?
Asked on 4/25/07, 6:27 pm
1 Answer from Attorneys
JOHN GUERRINI
THE GUERRINI LAW FIRM - COLLECTION LAWYERS
Re: Accounts payable unsecured
Written contract? In general, four years from date of breach or last payment, whichever is later.
Oral contract? In general, two years from date of breach or last payment, whichever is later.
Answered on 4/25/07, 6:57 pm