• Home
  • About
  • Services
    • Small Claims
    • Landlord and Tenant Board
    • WSIB Claims
    • Human Rights Tribunal
    • Provincial Offences
    • Debt Enforcement
    • Process Serving
    • Court Filing
    • Commissioning & Notary Public
    • Skip Tracing
    • Civil Litigation
    • Contract Review
    • Will Drafting
    • Marriage Contracts
    • Separation Agreements
    • Power of Attorneys
    • Promissory Notes
    • Title and Writ Searches
    • Commercial Litigation
    • Employment Law
    • Immigration Law
  • Our Projects
  • Contact
  • Privacy Policy
Joston
  • Home
  • About
  • Services
    • Small Claims
    • Landlord and Tenant Board
    • WSIB Claims
    • Human Rights Tribunal
    • Provincial Offences
    • Debt Enforcement
    • Process Serving
    • Court Filing
    • Commissioning & Notary Public
    • Skip Tracing
    • Civil Litigation
    • Contract Review
    • Will Drafting
    • Marriage Contracts
    • Separation Agreements
    • Power of Attorneys
    • Promissory Notes
    • Title and Writ Searches
    • Commercial Litigation
    • Employment Law
    • Immigration Law
  • Our Projects
  • Contact
  • Privacy Policy

Promissory Notes

Under the Limitations Act, 2002, a borrower has no obligation to repay a loan under a promissory note in Ontario after a certain amount of time has passed. A lender has two years to collect repayment or commence legal proceedings for repayment after the maturity date of the loan or after the date where the lender demanded repayment. After the two years, the agreement is statute-barred and unenforceable.

 

 

This page is currently under construction and will be ready soon.

If you require additional information on this topic, please contact us.

Joston

Copyright © 2022 Joston Law LLP and Joston Legal Services Professional Corporation

This website is maintained by Joston Law LLP and Joston Legal Services Professional Corporation. Together, we are proud to provide cost effective legal services to our community.

Contact Us

Phone

905-725-0255

Address

89 Ontario St

Oshawa, ON L1G 4Y9

Email

admin@joston.ca

Follow Us

Important Disclaimer