In an opinion published Monday, a three-judge Commonwealth Court panel sought to establish more precise guidelines on statutes of limitations for claims that are transferred to state court after being ...
Generally, any law that sets a time limit on when a legal action may NOT occur is called a "statute of limitations" or "SOL." Such statutes exist for civil or criminal law as well as for investment ...
Title 31 of the U.S. Code allows the IRS to impose civil penalties for a U.S. person’s failure to file a timely and proper FBAR by the statutory deadline. However, the IRS doesn’t have forever to make ...
Separately, Justice Sonia Sotomayor noted that jurors can be given a definition of "reasonable doubt" — but that didn't stop ...
There is a statute of limitations on debt, but it varies depending on your debt type and location. The statute of limitations means creditors and debt collectors cannot sue you for old debt after a ...
What happens when the statute of limitations expires? When you stop making payments on a debt and become delinquent, your creditor may send your debt to a debt collector. Debt collectors will attempt ...