Legal Question in Credit and Debt Law in California
Statue of Limitations
What is the Statue of Limitations on a personal loan not thru a bank just between friends.
Asked on 8/28/06, 9:12 pm
2 Answers from Attorneys
OCEAN BEACH ASSOCIATES
OCEAN BEACH ASSOCIATES
Re: Statue of Limitations
2 years for verbal agreement from date of breach, 4 years if written. Call me directly at 6192223504.
Answered on 8/28/06, 9:13 pm
Larry Rothman
Larry Rothman & Associates
Re: Statue of Limitations
2 Years from the date of breach if the contract is oral and 4 years if the contract is written. Please call me if you have any other questions.
Answered on 8/29/06, 8:55 am