Legal Question in Credit and Debt Law in Florida
Is there a time limit for repayment of personal loan to a wife (ex) Loan was made before we were married...
It has been several years and I have been paid back only a few hundred dollars cash on a 30,000 loan.
Asked on 3/25/10, 11:30 am
1 Answer from Attorneys
Angelo Marino
Angelo Marino Jr. PA
Written agreements made in Florida must be sued upon within 5 years and oral agreements made in years in Florida must be sued upon in 4 years from the date of the agreement or last payment. Written agreements can vary this. Want to know the law? Sign up for our free newsletter on varies areas of the law by sending an email to [email protected] and requesting the newsletter, or go to www.ConsumerLawyerHelp.com
Answered on 3/30/10, 1:18 pm