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Debts May Become Statute-Barred for Debtors - with Short and Long Deadlines
Reading time 3 minutesFalse decisions, serious illnesses or unemployment can quickly lead to debt, which continues to accumulate over time. The persons concerned then search for ways to get rid of the debt again. In principle, debts can also be statute-barred. -The limitation periods vary depending on the type of debt, emphasizes lawyer Christian Lange from Hannover. In principle, debts can also be statute-barred in principle. The limitation per…
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Reading time 3 minutesFalse decisions, serious illnesses or unemployment can quickly lead to debt, which continues to accumulate over time. The persons concerned then search for ways to get rid of the debt again. In principle, debts can also be statute-barred. -The limitation periods vary depending on the type of debt, emphasizes lawyer Christian Lange from Hannover. In principle, debts can also be statute-barred in principle. The limitation per…
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