Colorado | Credit and Debt Law
8/23/00, 1:31 am
Legal Question
Is there a statute of limitations on small claims?
I lent a friend of mine $4000 in 1998. In 1999, I filed in small claims court to sue her.
We then madea payment agreement and I cancelled the court date and informed the court
that we had settled out of court. The defendant is not making payments. I would like to file
a case and this time go through with it. Am I legally able to do this or because I cancelled
the first court hearing, she is no longer liable. I am also concerned about the statute of limitations
since it is now over 2 years since the oan was made.
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Read More Answered By: Charles Aspinwall |
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