Statute of Limitations
The statute of limitations is the time limit to resolve a claim or file a case. Different types of claims have different time limits. Also, statutes of limitation vary from state to state. If you do not settle your claim or file the case in court by the statute of limitations, then the claim expires and you are completely barred from making it. This is an incredibly important date to know and it often requires an attorney to make a detailed factual analysis of your circumstances to determine which statute of limitations applies. For example, in Colorado, an auto crash has a different statute of limitations than a premises liability claim. But if an auto crash results in death, then it becomes a Wrongful Death claim, which has a shorter statute of limitations.
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