Legal Question in Civil Litigation in Illinois
statue of limitation on loan from friend
when do the statue of limitation run out on a debt you owe someone
Asked on 3/26/07, 9:52 pm
2 Answers from Attorneys
Re: statue of limitation on loan from friend
That depends on whether there is a written or oral agreement.
Answered on 3/26/07, 10:21 pm
Noelle Ansley
Noelle Ansley
Re: statue of limitation on loan from friend
You need to provide more information for your question. Are you trying to determine how long one has to repay such a loan, or how much time one has to bring suit?
Answered on 3/26/07, 11:27 pm
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