Legal Question in Credit and Debt Law in California
Statue of limitations
What is the statue of limitations for california in regards to when they can collect money from you
Asked on 11/29/05, 7:00 pm
2 Answers from Attorneys
Carl Starrett
Law Offices of Carl H. Starrett II
Re: Statue of limitations
It depends on the basis for the claim. If the claim is based on a written agreement, then the statute expires 4 years from the date of the breach. A claim based on a verbal agreement is a 2-year statute.
Answered on 11/29/05, 7:11 pm
Larry Rothman
Larry Rothman & Associates
Re: Statue of limitations
The general rules are that on a written agreement the statute of limitations is 4 years from the date of the breach. On an oral contract, the statute of limitations is two years. Other code sections may apply, so please contact my office if you have any other questions.
Answered on 11/30/05, 8:55 am