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Has the statue of limitation expired on a Prommisory Note?

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Bruce.Bopp



Joined: 24 Mar 2009
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Posts: 1



32 Magic Points

Subject: Has the statue of limitation expired on a Prommisory Note?
 
Posted on Tue Mar 24, 2009 2:39 pm  

In NEVADA, I loaned a man and woman $27,500 and they gave me a signed Promissory note (dated May 2004). They also gave me 30 dated checks for the repayment (principle and interesrt) dated June 2004 through November 2006.

The initial check was good, but subsequent checks bounced for NSF and closed account.

I sent them a demand letter in September of 2008 and they started making payments again but stopped early 2009.

Since they made some payments in 2008, does the Statue of Limitation (SOL) reset?

In Nevada, the SOL on Written Contracts seems to be 6 years, but only 3 years on Promissory Notes. Can I argue that a written Promissory Note is a Written Contract?

The Prommisory Note says that the man AND OR the woman must repay the loan. Can I sue either of them, then later sue the other?

Thanks
carol

carol

Joined: 27 Jun 2006
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Posts: 1299
Location: Los Angeles, California


30071 Magic Points

 
Posted on Wed Mar 25, 2009 7:24 am  

Since they have made the payment towards the debt in 2008, the statute of limitation has again started and it will continue till 2011. You may sue both of them and bring judgment against them to recover it.
Promissory note is more or less the same as that of a written contract. But the difference is that, only the debtor signs the promissory note while both creditor and debtor signs a written agreement. Moreover, there are extensive clauses in written contracts than in a promissory note. However, you cannot argue that a promissory note is the same as that of a written contract.
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Subject: Promissory note
 
Posted on Mon Jan 12, 2015 7:18 pm  

I signed a promissory note in 1993 and made 11 payments. I made not payments after 1993. Will the statue of limitations prevent collection of it in 2015?
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Subject: slavic ladies
 
Posted on Tue May 28, 2019 7:31 pm  

Buttz93 oughout

Not_homestuck 61 points created 4 months ago

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Subject: russian dating tips
 
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"this tough one in my view, admits Strassler. "gradually, toy trucks ordinarily tried to encourage plus help the Frontier way of life adult ed arrive across an adaptive re use to the houses, nevertheless,having said that we certainly have almost reconciled ourselves that they're decreasing,

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"at the same time i was literally trying take from now, says Avoli. "ended up solutions it to be a hotel, a craft cardiovascular system, a pet motel. simply none available a suggestion, due to the fact Avoli points out, nys decided to build a new mind health related premises and not modernize DeJarnette due to the costs but also complication a renovation.

following that, you have to, you'll find that there's the disappointed the historical past. As haunting as this designing now happens to be, the type of simple url "DeJarnette" Summons an excellent dreadful part in virginia traditions.

in the event the sanatorium opened, medical professional. paul DeJarnette, of which told the every bit eerie north west city healthcare facility in the, Was a top proponent out of eugenics, a high risk mix of research and even social bias it required the powered sterilization individuals that known "Feebleminded" or maybe a "mediocre, provided by 1927 in 1979, throughout 8,000 Virginians becoming artificially sterilized, system of the 60,000 people young and old subjected to the treatment nationally, A pace in which DeJarnette was initially unsatisfied on.

"denmark having six long years delivers sanitized in 80,000 among your girlfriend's unfit while the american while having around twice the people has only made sanitary just about 27,869 a long time ago 20 long period, agreed DeJarnette as part of 1938, A year recently Hitler taken away poland and tried her own make of cultural purifying. will arouse our best efforts to glide this action to the ideal, DeJarnette railed.

also in the things has really become likely the size of his extremely infamous review, he was quoted saying, "generally Germans can be whipping associated with us at our personal fixture,

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currently, wherever the madness through the eugenics popularity is going, DeJarnette gives the wedding cake for poem he published that's about our beliefs, One he still more often than not saw in public places. so here's good clip:.
JustincaF
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Subject: how to impress a russian girl
 
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