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NSW Statutory Limitations and Oral Loan Agreements without Repayment Dates
Loan agreements, especially those formed informally or orally without a specified repayment date, raise complex legal questions regarding enforceability and the operation of statutory limitation periods. Under NSW law, the ability to recover such debts is governed principally by the Limitation Act 1969 (NSW) which imposes strict time limits on when a creditor may bring
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