4 Things You Should Know About The Statute Of Limitations
The statute of limitations is the legal deadline for filing a lawsuit. After the statute of limitations expires, you can no longer file a lawsuit for that particular incident. The statute of limitations varies depending on the type of case and the state in which you live. Here are 4 things you should know about the statute of limitations:
1. The statute of limitations may be different if you’re a minor.
2. The clock on the statute of limitations may start ticking from the date of discovery, rather than the date of the incident.
3. Some states have a “tolling” provision, which pauses or extends the statute of limitations in certain circumstances (for example, if the defendant is out of state).
4. There are some exceptions to the statute of limitations, such as fraud or intentional misrepresentation.
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