What is the statute of limitations for promissory note in New York?

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1083193

2026-05-04 09:21

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In New York, the statute of limitations for enforcing a promissory note is generally six years. This period begins from the date of the default or when the payment was due. If a party fails to file a lawsuit within this timeframe, they may lose the right to enforce the note in court. It's advisable to consult a legal professional for specific cases and circumstances.

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