Legal Question in Credit and Debt Law in New York
What is the statute of limitations in New York State on a personal loan?
Asked on 9/14/16, 8:25 am
1 Answer from Attorneys
Marshall Isaacs
Marshall R. Isaacs, Attorney At Law
Generally six years. Incredibly, the law recently changed with regard to school loans. School loans no longer have a statue of limitations, as hard as that may be to fathom.
Answered on 9/14/16, 8:59 am