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.

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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.

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Answered on 8/29/06, 8:55 am


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