How to Prevent Losing Your Right to Claim
Litigation attorney Jonathan Sánchez wrote a column for Asuntos Legales highlighting the importance of understanding legal deadlines for claiming unpaid monetary obligations. Mr. Sánchez explains that failing to act within a legal time frame can result in losing the right to claim because of the statute of limitations, and he stresses the need to differentiate between negotiable instruments and enforceable liens. He also highlights that filing lawsuits or issuing formal written demands is crucial for protecting creditors' rights because it tolls the statute of limitations.
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