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What state are you in/was the note entered into in? Thanks!
Yes, you are correct that under Sec. 42a-3-118 of the CT statutes, any action to collect on the promissory note must be made within 6 years of the due date under the terms of the promissory note. Sometimes the 6 years can be considered to start over (such as if payments have been made more recently and/or the person owing the money has reaffirmed the debt), but otherwise, the limitations period expired on October 2, 2012 (because the six years didn't start running until the day after the due date). Thus, any legal action would, unfortunately, have needed to be commenced prior to that date in 2012. And unfortunately the verbal assurances of payment don't have any legal effect to allow you to still bring an action to collect on the note. I'm sorry to be the bearer of bad news, but please understand I'm only advising on what the law is. Thanks for understanding.