Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

limitations period

Read a random definition: dischargeability proceeding

A quick definition of limitations period:

Limitations period refers to the amount of time a person has to bring a legal claim or lawsuit. It is also known as a statute of limitations. This means that if someone waits too long to bring a claim, they may lose their right to do so. The limitations period varies depending on the type of claim and the state or country where the claim is being brought. It is important to be aware of the limitations period for your specific situation to ensure that you do not miss the deadline to bring your claim.

A more thorough explanation:

A limitations period is a specific time frame in which a legal action must be taken. It is also known as a statute of limitations. Once the limitations period has expired, the legal action cannot be pursued.

For example, if someone is injured in a car accident, they may have a limitations period of two years to file a lawsuit against the driver who caused the accident. If they do not file the lawsuit within that time frame, they will not be able to pursue legal action.

Another example is in the case of debt collection. There is a limitations period for how long a creditor can attempt to collect a debt. Once that time frame has passed, the creditor cannot legally pursue collection.

These examples illustrate how a limitations period can impact legal actions and the importance of being aware of the time frame in which legal action must be taken.

limitations, statute of | limit debate

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
LSD+ is ad-free, with DMs, discounts, case briefs & more.