New Mexico Statutes of Limitation

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David A. Szwak
Posts: 1974
Joined: Thu Jul 13, 2006 11:19 pm

New Mexico Statutes of Limitation

Post by David A. Szwak »

New Mexico Statutes of Limitation

Contract in writing: 6 years (except any contract for the sale of personal property is 4 years or the last payment, whichever is later).

All other creditor-debtor transactions are 4 years after accrual of the right to sue.

NOTE 1: An action accrues on the first date on which the creditor can sue for a breach or for relief, generally from the last purchase or the last payment.

NOTE 2: If the limitations period has expired, an acknowledgment or payment starts the period running again.

Judgments: 14 years.
David Szwak
Chairman, Consumer Protection Section, Louisiana State Bar Association
Bodenheimer, Jones & Szwak
509 Market Street, 7th Floor
Mid South Tower
Shreveport, Louisiana 71101
318-221-6444
Fax 318-221-6555
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