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    stillwondering's Avatar
    stillwondering Posts: 2, Reputation: 1
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    #1

    Jan 24, 2012, 08:23 AM
    Statute of limitation
    I loaned a friend approx. $35,000 over a period from Jan 2005 to 2006. She and her husband signed an IOU to me to pay back this money. I have been waiting for them to start paying back but a series of financial set backs and excuses I have yet to be paid even a payment. Can I still sue them to pay back or is it to late
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    Jan 24, 2012, 08:49 AM
    Where? It varies by State and Country.
    stillwondering's Avatar
    stillwondering Posts: 2, Reputation: 1
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    #3

    Jan 24, 2012, 09:19 AM
    In Ontario, Canada
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #4

    Jan 24, 2012, 09:57 AM
    The Statute is two years from the last loan or payment.
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