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I was wondering in the state of Illinois how do I have to…

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I was wondering in...

I was wondering in the state of Illinois how long do I have to file a case for an unpaid loan of $2500?

Lawyer's Assistant: Has anything been filed or reported?

No

Submitted: 8 months ago.Category: Legal
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Answered in 5 minutes by:
9/7/2017
Lawyer: P. Simmons, Attorney replied 8 months ago
P. Simmons
P. Simmons, Attorney
Category: Legal
Satisfied Customers: 36,948
Experience: 16 yrs. of trial experience
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Hi, My name is***** am an attorney with over 16 years experience. Hopefully I can help you with your legal question.

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Lawyer: P. Simmons, Attorney replied 8 months ago

That depends...was there a written contract regarding this loan? Or was it verbal?

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Customer reply replied 8 months ago
It was verbal. The check that was cashed has a description of being a loan
Lawyer: P. Simmons, Attorney replied 8 months ago

Thanks

5 years. The statute of limitations to enforce a verbal contract in IL is 5 years. So you can sue for up to 5 years from when the loan contract was first breached

Please let me know if you have more questions. I am happy to help if I can. Otherwise, please rate the answer so I may get credit for my work.

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