Legal Question in Credit and Debt Law in Florida

in 1978 an iou in nyc for 5,000 plus interest that was tendered and then paid in 1996/1997 but no receipts remain to this day and then the debt was presented again today in florida sept 2010 what is the validity of this issue


Asked on 9/10/10, 12:47 pm

1 Answer from Attorneys
Angelo Marino Angelo Marino Jr. PA

Probably the statute of limitations has run. You need to check NY law.

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Answered on 9/15/10, 5:18 pm


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