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Statute of limitations on money claims

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1 Statute of limitations on money claims on Mon Feb 07, 2011 1:50 pm

thesand555


Arresto Menor
Good day Attorney!

Is there a statute of limitations on money claims?
Like payment to services rendered on partnership to establish a kindergarten/primary school 12yrs ago. The services was fully rendered and the school is fully functioning and operational now.
The other party fully acknowledged the services rendered and promised to pay for the services rendered. There was a demand letter as well. However, there was no small claims court during that time.
The claim definitely will fall in the small claim court.

Thank you for your enlightenment.

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2 Re: Statute of limitations on money claims on Mon Mar 28, 2011 8:18 pm

darkxyde


Arresto Menor
im also interested in knowing this, can anybody answer? TIA. Smile

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3 Re: Statute of limitations on money claims on Mon Mar 28, 2011 9:53 pm

attyLLL


moderator
technically, the demand letter would cause the stoppage of the running of the prescriptive period.

there is also a principle of laches, where it is counted against a person to sleep too long on their rights.

but if you filed your case and receipt of the demand letter can be proven, then the case will proceed.


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