QUESTION
Can I be sued for a 32 year old promissory note
Asked on Dec 03rd, 2012 on Collections - Florida
More details to this question:
My brother gave me a bill and a promissory note from 32 years ago. When I purchased a car from him and for rent and small lones. Can he still sue me to try to collect the money
1 ANSWER
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You cannot be sued on a promissory note that is 32 years old. In Florida, the statute of limitations is five years on a written instrument.
Answered on Dec 04th, 2012 at 4:39 PM