North Carolina Judgment Statute Of Limitations

State:
North Carolina
Control #:
NC-0909-AA
Format:
Word; 
Rich Text
Instant download

Description

This is a satisfaction of judgment which indicates that a judgment has been paid in full, including all fees, costs and interest. It acknowledges full and complete satisfaction of the judgment and directs that the judgment be marked as paid in full.
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FAQ

The statute of limitations sets a legal time limit for how long you have to file a lawsuit for compensation and varies depending on the type of claim and where the lawsuit is filed. The North Carolina personal injury statute of limitations is generally three years, per G.S. §1-52.

North Carolina's civil statute of limitations laws provide a three-year time limit for personal injuries, fraud, and many other causes of action, but just a one-year limit for defamation.

North Carolina law recognizes some situations in which the amount of time allowed for filing a personal injury claim may be extended. They include: Cases involving an injured minor or a plaintiff with some other legal disability at the time of the injury, meaning they are considered temporarily incompetent.

However, it applied the North Carolina statute of limitations to conclude that the claim was timely. In reaching this outcome, the court reasoned that statutes of limitations are procedural and that procedural issues are always governed by the law of the forum.

In North Carolina, a judgment is valid for ten years from the date it was awarded by the Court. The judgment can be renewed for another ten years, giving a judgment creditor additional time to try to collect the money owed.

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North Carolina Judgment Statute Of Limitations