Legal Question in Civil Litigation in North Carolina
Is there a statue of limitation on a debt in NC state and if so what is it
Asked on 10/19/11, 1:00 am
1 Answer from Attorneys
Melissa Brumback
Ragsdale Liggett PLLC
Depends. If the debt is from a contract, there is a 3 year SOL from the date it was due. If the contract was signed under "SEAL" then there is a 10 year SOL. If the debt is due to negligence or wilful conduct (say, malpractice, wrongful death, etc) the SOL will very. In general, MOST debts have a 3 year SOL, but it would depend on the particulars of your situation.
Answered on 10/19/11, 12:00 pm