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Ely, Counselor at Law
Category: Bankruptcy Law
Satisfied Customers: 102380
Experience:  Licensed attorney in private practice.
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What is the statute a claim? The loan for $10,000 was made

Customer Question

What is the statute for filing a claim? The loan for $10,000 was made on Feb. 13, 2015.
Submitted: 1 year ago.
Category: Bankruptcy Law
Expert:  Ely replied 1 year ago.

Hello and welcome to JustAnswer. Please note:This is general information for educational purposes only and is not legal advice. No specific course of action is proposed herein, and no attorney-client relationship or privilege is formed by speaking to an expert on this site. By continuing, you confirm that you understand and agree to these terms.

I am sorry to hear about this situation. To clarify, did this person file a bankruptcy? I ask because you ask this question in the Bankruptcy Law category.

This is not an answer, but an information request. I need this information to answer your question. Please reply, so I can answer your question. Thank you in advance.

Customer: replied 1 year ago.
No, he did not file bankruptcy. He was fired from his job in December 2014. I helped him through until he was rehired in March 2015.
Customer: replied 1 year ago.
Sorry, that is an error. I did not notice there were categories for the questions.
Expert:  Ely replied 1 year ago.

Thank you, kindly.

This would be a verbal breach of contract. The statute of limitations for verbal breach of contract in Virginia is three years under Va. Code § 8.01-246(4). As such, this is well within statute of limitations to pursue.

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