A statute of limitations is the deadline for filing a lawsuit. Most lawsuits must be filed within a certain amount of time. In general, once the statute of limitations on a case “runs out,” the legal ...

You cannot sue someone for doing something wrong to you decades ago. It’s not because the grudges aren’t real but because of a legal concept called the statute of limitations. Similarly, someone ...

Medical bills have a way of sneaking up on people, and it can happen long after the initial injury or illness has passed. You might be fully recovered and feeling like life has returned to normal, ...

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 ...

Jessica Burgoyne, leveraging a deep background in research methods and a passion for legal issues, distills complex legal concepts into accessible insights. With over 100 published articles, her work ...

What is a time-barred debt? A time-barred debt is any overdue payment that has passed the statute of limitations in your state. Whether it’s credit card debt, medical debt or unpaid auto loans, if ...

Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc. (Credible), which is majority-owned indirectly by Fox Corporation. The Fox Money content is created and ...

Kansas last year eliminated the statute of limitations for any crime involving the sexual abuse of a minor, allowing victims to seek justice in criminal courts indefinitely. Dozens of child sexual ...

Statutes limit how long you can sue for debts; varies by state and crime severity. Missed deadlines mean you cannot pursue overdue payments legally anymore. Investors must understand these limits, ...