Collection Lawsuits: When Does the Statute of Limitations Start for a Debt

dimanche 14 décembre 2014

My question involves court procedures for the state of: New York



Someone owes me money (~60K). I have all the checks and emails to show the proof. However, I wrote checks over a period of almost 4 years (2005-08) and the money was being invested into a money market account through the person's employer. I was paid out some of the money in 2007. The remainder continued to accrue interest. I started asking for all my money back starting in 2009 but was told I had to wait for the maturity date (e.g. maturity date is 8 months in future). I continued to get excuses as to why I couldn't yet get my money back. I foolishly trusted this person since I was paid out initially. The tipping point was in early 2012 when I had to go to jail for a vehicular homicide (I don't live a criminal lifestyle - I worked in corporate America for 10 years out of college). I recently completed my jail term and I would like to go after my money. This person stopped communicating with me when I went to jail and is not responding to me now. Can anyone help me understand my options? I am only interested in the amount I invested and want to know if its possible to get this back through the courts. Also what specific type of lawyer should I seek out (preferably one that gets paid if I get paid)?



Thanks





Collection Lawsuits: When Does the Statute of Limitations Start for a Debt

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