What Is The Statute Of Limitations (In Years)?

Open Acct.: 6
Sale of Goods: 6 (4 yrs UCC Transaction)
Written Contract: 6
Domestic Judgment: 10 Renewable at 10
Foreign Judgment: 10

Q: What Is Repossession?
A: When you buy something on credit, or get a loan, the person or business you owe the money to be called the "creditor." Often when you buy on credit, or get a loan to … More
Q: What Is A Debt Reduction Settlement?
A: A Debt Reduction Settlement is a process used by both debtors and creditors to settle a debt for less than what is owed. The process may also be referred to as Third … More
Q: What Is Cram Down And Collateral Valuation?
A: If you are a creditor with a security interest in the debtor's assets, ask yourself if the value of your collateral is properly listed in the plan or whether it should … More