What is the statute of limitations on a bad check?
Full Question:
When there is a bad check written and you file charges with the police, is there ever a statue of limitations on the bad check charge?
01/09/2007 |
Category: Debts and Cr... ยป Bad Checks |
State: Pennsylvania |
#289
Answer:
Section 5525 of Chapter 55 of Title 42 of the Pennsylvania Code provides in part as follows:
The following actions and proceedings must be commenced within four years:
An action upon a negotiable or nonnegotiable bond, note or other similar instrument in writing. Where such an instrument is payable upon demand, the time within which an action on it must be commenced shall be computed from the later of either demand or any payment of principal of or interest on the instrument.
