Legal Question in Credit and Debt Law in District of Columbia

loan repayment

I loaned my son-in-law a large sum of money in march 2004 and waited til he was able to repay. We had a verbal/written agreement and I want to attempt to collect on the debt now through the courts, is it too late?


Asked on 11/30/07, 8:46 pm

1 Answer from Attorneys
Michael Hendrickson Law Office Michael E. Hendrickson

Re: loan repayment

DC Code Sec. 12-301 Limitations on bringing actions-

(7) on a simple contract, express or implied---3 years.

It would appear that your right to enforce this particular contract in the courts of the District of Columbia expired in March of 2007.

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Answered on 12/01/07, 1:01 pm


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