lol - sure.81 years?
(sorry, worthless post, but I had to answer the math question)
--Dave.
The statute of limitations, both written and verbal, in Texas is FOUR years.How much time (months, years)does a business have to bill for a product or service?
However, that was not the question.The statute of limitations, both written and verbal, in Texas is FOUR years.
Depending on the actual claim being made, there are other SOL's that could apply. They can be found online at:
CIVIL PRACTICE AND REMEDIES CODE** CHAPTER 16. LIMITATIONS
In this case, 'DC' is LITERALLY correct.So, are you saying DC, that if I provide a service in July of 2007, I can send out the first invoice for it 2 or 3 years later?
That is correct. There is NO law as to how long a creditor can bill you... only on how long a creditor has to 'force' payment (by lawsuit).The Civil practice and remedies code, if I am reading it correctly, refers to the time you have to bring suit for a debt - not the time you have to bill for a service, right?
No.Is there a legal statute of limitations on how much time you have to invoice for a service you provided?
Great, Thank you JETX - could you possibly tell me where I can find this in written form? I have been searching and cannot find it and am not positive where to look.[/qutoe]
You cannot find a law that does not exist.
Yep. A lot of customers don't like to get bills months (or even years) after the fact. I suggest you tighten up your billing practices to minimize the damage your customers endure.We (the small biz I work for) sometimes bill for certain services a long time after they are provided and sometimes the clients complain, but they are usually the clients that are slow paying anyway.