New York  |  Civil Litigation

Legal Question

Asked on: 6/12/13, 12:40 am

A friend owes me money. They've been going thru a number of personal issue's I am very well aware of, so have not attacked them for payment, but seems they have gotten a little too comfortable with the idea. I am trying not to take to court for a fairly large balance owed as they are a good friend of mine, and we have discussed beginning a payment plan now that their situation has improved somewhat, but I have recently learned of "statue of limitation". I am wondering, can a statute of limitation be extended past the default limit of 6 years if a promissory note to an agreed payment plan is signed, or would not that not matter?

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