Do time limits apply to recovering aged consumer debt in singapore? What are the limitations? Can consumer debt become statute barred?

Answer :

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    LegalHelp

    answered on 07/01/2018

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    Under section 6 of the Limitations Act, all actions founded on a contract shall not be brought after the expiration of 6 years from the date on which the cause of action accrued. Since your case falls squarely within this section, it would be statute barred if 6 years had expired from the date on which the cause of action accrued.

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