Legal Question in Credit and Debt Law in California

How long do I have to bring a lawsuit against a man that we loaned money to and the project went bankrupt


Asked on 7/08/11, 7:06 pm

2 Answers from Attorneys

Tony Carballo Carballo Law Offices

Two years if the contract was oral and four years if it was in writing (assuming he did not go bankruptcy personally).

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Answered on 7/08/11, 7:29 pm
kevin sullivan Law Office of Steven Kremer

two years for a oral loan contract and four years for a written contract. This assumes that the subject debt was not already discharged in bankruptcy.

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Answered on 7/12/11, 5:07 pm


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