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View Full Version : Is there a statue of limitation on a loan to a relative?


Joyce777
Apr 7, 2011, 01:26 PM
I loaned my Daughter-in-law money to pay off a debt, she assured me she would pay me back. This was about 9 or 10 years ago,can I collect this debt from her or does the statue of limitation apply?

Curlyben
Apr 7, 2011, 01:29 PM
Limitations only really applies to signed contracts not private arrangements.
Can you prove that this money was given to her and you expected repayment?