What is a Statute of Limitations?

It is a deadline. The deadline after which it is too late to file suit.

Statutes of Limitation vary from jurisdiction to jurisdiction, for the type of case and for the age of the person making the claim. They can vary based upon whether the plaintiff is alive or deceased. They can vary depending upon who the defendant is. If a cause of action is to be pursued, it should be done quickly so as not to be precluded by the many Statutes of Limitation deadlines.

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