Playback speed
×
Share post
Share post at current time
0:00
/
0:00

What is a Statute of Limitations?

Mathew Kerbis, The Subscription Attorney

This show brings bite-sized educational minutes every week about different legal topics.

On today’s episode, Mathew Kerbis, The Subscription Attorney, answers the question, "What is a statute of limitations?"

There's only so much time the law allows for you to recover damages, and that time frame is something we call a statute of limitations.

Every jurisdiction has a different statute of limitations for different things.

A two-year statute of limitations means you have to file a lawsuit within two years to get damages.

Statute of limitations don't just apply in civil law.

There are criminal laws where charges have to be brought in a certain amount of time to face criminal penalties.

In the law, there's usually an exception to every rule. Sometimes there's a pause on that time frame, or what we call "tolling."

If somebody is keeping a secret, that might delay the statute of limitations until the secret is found out.

So always check your statute of limitations.

Subscribe here for email updates.

Follow @lfkpod everywhere:

YouTube

Instagram

X/Twitter

LinkedIn

Facebook

Please share this episode to help more kids understand the law!

0 Comments
Law for Kids Podcast
Law for Kids Podcast
The Law for Kids Podcast brings bite-sized educational minutes every week about different legal topics.