QUESTION
Personal Loan 13 yrs old, never repaid, can I sue?
Asked on Dec 17th, 2018 on Civil Litigation - Maine
More details to this question:
I made a loan to an ex that was never repaid, that loan was 13 yrs. ago, can I sue for payment?
1 ANSWER
Anybody can sue for anything, but your case appears weak. The question is when was repayment due? If it was due to be repaid 10 years ago, your case woudl be pretty weak (the statute of limitations for breach of contract, which generally runs from the date of the breach, would have passed) but still not hopeless because (a) sometimes statutes of limitations can be extended if, for example, the other person acknowledged their indebtedness to you since the limitations period ran, or if they somehow concealed the fact that they hadn't paid, etc.
Answered on Dec 17th, 2018 at 1:50 PM