QUESTION
How long do I have to collect money from the sale of a home?
Asked on May 22nd, 2014 on Bankruptcy - California
More details to this question:
Home was owned by me and my ex-boyfriend and he still owes me $10,000.
3 ANSWERS
Arbitration Attorney serving Irvine, CA
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Law Office of Linda K. Frieder
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If it is a contract, the statute of limitations is four years.
Answered on May 27th, 2014 at 6:28 PM
Bankruptcy Chapter 7 Attorney serving Los Angeles, CA
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The Law Offices of Peter M. Lively
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Depends on facts not presented.
Answered on May 27th, 2014 at 6:28 PM
Real Property Law Attorney serving Simi Valley, CA
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Edisson Seropian, Attorney at Law
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It depends on the agreement you have with your boyfriend, and whether there is any written evidence of such agreement. In general oral contracts are enforceable for 2 years and written ones for 4 years. So if the agreement was made orally without any evidence in writing, then you van go to the court to enforce it within 2 years. If written then you have longer time (4 years). The time is calculated from the day the agreement was made.
Answered on May 27th, 2014 at 6:28 PM