Home & Garden6 mins ago
Does a debt ever expire?
2 Answers
If a business owes a supplier money - does this debt ever die naturally?
So if someone owes mea for goods which I have supplied, is there a time after which I cannot claim this money from my purchaser?
So if someone owes mea for goods which I have supplied, is there a time after which I cannot claim this money from my purchaser?
Answers
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No best answer has yet been selected by alicekrige. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.You can always ask him for it - however old the debt is.
Pursuing a debt through the courts is different. A good explanation here (England and Wales only) -
http://www.payplan.com/debt-library/joint-and- several-liability-the-limitation-act-1980.php
Pursuing a debt through the courts is different. A good explanation here (England and Wales only) -
http://www.payplan.com/debt-library/joint-and- several-liability-the-limitation-act-1980.php
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