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    sfmc's Avatar
    sfmc Posts: 1, Reputation: 1
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    #1

    Aug 23, 2012, 11:33 AM
    Statute of limitations ontario can.
    In determining when the Limitation period commences, can a Plaintiff (the one who is owed some money) establish it by citing a letter from the Defendant (the debtor) which acknowledges the amount owing - or - is it established as the date upon which monthly payments and/or arrears were defaulted on?
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    Aug 23, 2012, 12:50 PM
    Quote Originally Posted by sfmc View Post
    In determining when the Limitation period commences, can a Plaintiff (the one who is owed some money) establish it by citing a letter from the Defendent (the debtor) which acknowledges the amount owing - or - is it established as the date upon which monthly payments and/or arrears were defaulted on?

    Neither - it's the last ACTIVITY on the acount if you are asking about a charge card, either a payment or a charge.

    OR are you asking about an unsecured loan?
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