Statute of Limitations

What is a statute of limitation and how does it apply to you? Per Wikipedia a statute of limitation is the maximum time after an event that legal proceedings based on that event may be initiated. As it applies to you it simply means it places a time limit on pursuing your legal remedy in relation to wrongful conduct. After the expiration of the statutory period, unless a legal exception applies, the injured person loses the right to file a lawsuit seeking money damages or other relief. In connection with a personal injury, the statute of limitation is two years from the date of the accident (Cal. Code of Civ. Proc. Sec. 335.1). There are some potential exceptions which can include tolling. Tolling means something has stopped the statute from running for a period of time such as a victim at the time of injury is a minor, a bankruptcy (until such time until they exit from bankruptcy), or the uninsured motorist’s identity isn’t discovered until a later date. So that you don’t lose your rights to sue as a result of an expiration of the statutory limitations period you need to get a qualified lawyer, who can help determine which statute applies, and help preserve your right to recover damages. Know your rights, contact me now. www.michael-weinreb.com

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