Legal Question in Business Law in Louisiana
Good moring, I would like to know how long do one have to file suit for money loaned and has not been repaid.
Asked on 1/15/11, 6:42 am
1 Answer from Attorneys
Martha Amanda Mandi Lucas
Mandie Seale Lucas
The prescriptive period on debts owed is 3 years from the date of last payment.
Answered on 1/20/11, 4:20 pm
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