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View Full Version : Statute of limitations on personal loan


barrybreeden
Jan 21, 2009, 04:59 PM
I borrowed 30,000 from a friend in 1996. I paid one large payment of 10,000 in 2002. My friend told me not to worry about the rest and is now deceased. Is there a statute of limitations in Virginia for personal loans in case her family pursues this?

ScottGem
Jan 21, 2009, 05:06 PM
The SOL is 5 years on contracts in VA. So it would appear they can no longer sue you.