Legal Question in Credit and Debt Law in Ohio

Cognovit note statue of limitations

I have a cognovit note that was due in 1965. I don't know if it was paid or not. I am assuming not. Is it still valid? It carries a 3% interest. If it is still valid, does the interest accumulate till payment? If still valid, how do I go about getting it paid?


Asked on 9/18/01, 3:12 pm

1 Answer from Attorneys
Frank Rozanc Frank J. Rozanc, Esq.

Re: Cognovit note statue of limitations

Statute of limitations on a written instrument is 15 years, which ran out in 1980.

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Answered on 11/06/01, 1:21 pm


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