Legal Question in Credit and Debt Law in California
Promissary Note
What is the statute of limitations on a promissary note for the state of California?
Asked on 2/24/09, 7:34 pm
2 Answers from Attorneys
Michael Stone
Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE
Re: Promissary Note
4 years from the due date, or 4 years from the date it was signed if no due date is specified.
Answered on 2/24/09, 7:37 pm
Larry Rothman
Larry Rothman & Associates
Re: Promissary Note
Generally it is 4 years from the date of the breach. Please contact us if you have any more questions.
Answered on 2/25/09, 12:11 pm