Legal Question in Family Law in New York
personal loan
My ex signed a loan promise note about 10 years ago,that he owes me 30 k.The payments stopped about 8 years ago.How do I go about getting my money back.Please guide me in the right direction.
He maid payments a few times 8 years ago,then he moved to other city and claimed he is not makeing any money.Now he is doing fine but any time I ask for my money back or at least a payment,I get no answer.What kind of attorney do I need?
2 Answers from Attorneys
Re: personal loan
The biggest problem you have is that a lawsuit of this nature has a statute of limitations of 6 years from the last time he paid on the debt. You mention that the last time the debt was paid was 8 years ago.
A statute of limitations means that you cannot enforce the promisory note after that time period.
There may be a way to get around. If you would like to discuss this matter further, please feel free to contact me.
Re: personal loan
The biggest problem you have is that a lawsuit of this nature has a statute of limitations of 6 years from the last time he paid on the debt. You mention that the last time the debt was paid was 8 years ago.
A statute of limitations means that you cannot enforce the promisory note after that time period.
There may be a way to get around. If you would like to discuss this matter further, please feel free to contact me.
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