Is the IOU still valid after the repayment date 30

1. "Is the IOU still valid after the repayment date": It is still valid.

2. After the repayment date of the IOU, your friend does not repay you as agreed: you can sue him in court. It is important to note that you should sue within 2 years after the due date of the IOU.

3. At the same time of filing a lawsuit, pay attention to applying for property preservation, so that you can get your money in time after the judgment takes effect.

4. If it has been more than 2 years after the repayment date: you are in some trouble, and your friend does not pay it back at this time, your lawsuit to the court may also be dismissed, and you need to think of some other ways to suspend, interrupt or extend the statute of limitations of the IOU before you can get the money back through the court.

5. In the current situation, it is recommended that you first ask a friend for an IOU, and if the negotiation fails, pay attention to the lawsuit within 2 years after the expiration of the agreed repayment period.

There is no need to panic about this kind of thing, and it can still be recovered through the court after the repayment date.

First of all, you have to find the other friend you mentioned, he is very important, an important role in your recovery, as long as you find him, plus the court, I believe that the money should be recovered.

Hope it helps you and good luck.

You can ask your friend to repay the loan, and if the other party refuses, you can go to the court to sue, in the case you said, it should still be within the statute of limitations, and the court will support your claim.

Your IOU is past the repayment date, but I don't know when it was written? If no more than 2 years have elapsed since the repayment date, the IOU is still valid.

Legal Analysis: Effective, IOUs are useful. It is precisely because the repayment date has passed that the demand for repayment is justified.

If the other party does not repay the loan, the IOU is strong evidence when suing. The validity period of the IOU is that the statute of limitations for writing the repayment time is within three years of expiration.

Legal basis: Article 188 of the Civil Code of the People's Republic of China provides that the statute of limitations for requesting protection of civil rights from a people's court is three years. Where the law provides otherwise, follow those provisions to recite the bent spring.

Effective, IOUs are useful. It is precisely because the repayment date has passed that the demand for repayment is justified. If the other party does not repay the loan, the IOU is strong evidence when suing.

The validity period of the IOU for private loans is that the statute of limitations for writing the repayment time is within three years of expiration. Generally speaking, if the borrowing agreement stipulates a repayment date, and the other party refuses to repay the loan, it can file a lawsuit to recover the arrears within 3 years from the day after the expiration of the repayment period. From a legal point of view, the failure to write the date of repayment is a lack of formal requirements, as long as he himself signs the name IOU or IOU, it is legally valid.

There will be no impact on the parties' claims for arrears, and they can also be claimed at any time. Therefore, the IOU is still valid if the repayment date is not written, so you don't have to worry about suing the other party and not getting back the arrears. But here you should pay attention to the statute of limitations for IOUs and IOUs, and don't miss the best time to collect debts.

If the IOU does not stipulate the repayment date, the party has the right to sue for repayment within 20 years from the date of issuance of the IOU. However, if the first claim for the right is not realized, the legal means to recover the debt again must be within 2 years from the date of the failure to realize it, otherwise the statute of limitations will not be protected by the law. If there is a debt dispute that has exceeded the statute of limitations, the borrower can write a repayment plan or demand proof, so that the statute of limitations can be recalculated from the date of the new agreement, so as not to lose legal effect.

Of course, it depends on whether the other party is willing to cooperate, and if it is unwilling, it will lose the legal protection. The statute of limitations for IOUs and IOUs is different, and if the IOU states the date of repayment, the statute of limitations is within two years after the expiration of the repayment period. If the date of repayment is not specified, the statute of limitations shall be within two years from the date of issuance of the IOU.

Civil Code of the People's Republic of China

Article 188:The statute of limitations for requests to the people's courts for the protection of civil rights is three years. Where the law provides otherwise, follow those provisions. The limitation period is calculated from the date on which the right holder knows or should know that the right has been damaged and the obligor.

Where the law provides otherwise, follow those provisions. However, if more than 20 years have elapsed since the date on which the rights were infringed, the people's courts will not grant protection, and where there are special circumstances, the people's courts may decide to extend the rights holder on the basis of the right holder's application.

Article 189:Where the parties agree to perform the same debt in installments, the statute of limitations period is calculated from the date on which the last period for performance is completed.

Legal analysis: 1. If the repayment period is agreed, the statute of limitations shall begin to be calculated according to the agreed due date, which is usually three years. If there are reasons for the suspension or interruption of the statute of limitations within three years, three years will be exceeded.

2. If there is no agreed time limit for repayment, the statute of limitations shall be three years from the date of issuance of the IOU, and the suspension and interruption of the litigation time wheel shall also apply as above.

3. Asserting a claim against the debtor may result in the suspension of the statute of limitations and recalculation.

Legal basis: Civil Code of the People's Republic of China

Article 667 A loan contract is a contract in which the borrower borrows money from the lender and returns the loan at maturity and pays interest.

Article 660 The loan contract shall be in written form, unless otherwise agreed upon by natural persons.

The content of the loan contract generally includes the type of loan, currency, purpose, amount, interest rate, term and repayment method.

Article 669 When entering into a loan contract, the borrower shall, as required by the lender, provide the true information about the business activities related to the loan and the financial situation.