MAINE SOL
Date: Thu, 03/29/2007 - 07:49
Maine Statutes of Limitation
Generally all civil actions must be commenced within 6 years after the cause of action accrues. (14 M.R.S.A. 752)
The primary exception is for liabilities under seal, promissory notes signed in the presence of an attesting witness, or on the bills, notes or other evidences of debt issued by a bank, in which case, the limitation is twenty (20) years after the cause of action accrues. (14 M.R.S.A. 751)
Judgments are presumed paid after twenty (20) years. (14 M.R.S.A. 864)
What does this mean, does that mean its 20 years? ofr bad debt or 6?
Generally all civil actions must be commenced within 6 years after the cause of action accrues. (14 M.R.S.A. 752)
The primary exception is for liabilities under seal, promissory notes signed in the presence of an attesting witness, or on the bills, notes or other evidences of debt issued by a bank, in which case, the limitation is twenty (20) years after the cause of action accrues. (14 M.R.S.A. 751)
Judgments are presumed paid after twenty (20) years. (14 M.R.S.A. 864)
What does this mean, does that mean its 20 years? ofr bad debt or 6?
guest- see if this link helps you understand it at http://www.fa
guest- see if this link helps you understand it at http://www.fair-debt-collection.com/SOL-by-State.html#20 if not, I'll see what I can find out..Karen
