Statute of limitations for receipt of invoice?

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rcoombs01

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Post by rcoombs01 » Thu Aug 28, 2008 11:44 am
An IFA did some work for me three years ago. I have never received an invoice from him despite my repeated requests in the intervening period. But he still reminds me I owe him money whenever I bump into him. I keep asking for an invoice but still no joy. Is there a statute of limitaions on receiving invoices for services rendered?
Thank you
Richard
 
 

Viki.W

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Post by Viki.W » Thu Aug 28, 2008 2:02 pm
Hey rcoombs01, maybe one of our experts will know, please hang on for an answer.
If you would like to talk to me about your debt problems, please visit:
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rcoombs01

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Post by rcoombs01 » Thu Aug 28, 2008 2:40 pm
Does anyone know the answer to this one? I'm meeting with the IFA at 4 and was hoping to have something to wave at him...thanks muchly
 
 

size5

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Post by size5 » Thu Aug 28, 2008 3:07 pm
Unusual question but I am pretty sure that it would be statute barred after 6 years.

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rcoombs01

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Post by rcoombs01 » Thu Aug 28, 2008 3:21 pm
Thank you for your answer. I'm not sure I understand however. Does this mean he can invoice me up to 6 years after the service was provided? Thanks
 
 

kallis3

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Post by kallis3 » Thu Aug 28, 2008 3:32 pm
I think that is what he means.
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size5

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Post by size5 » Thu Aug 28, 2008 3:43 pm
That is correct in as much as the debt becomes "timed out" after 6 years.

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Last edited by size5 on Thu Aug 28, 2008 3:45 pm, edited 1 time in total.
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rcoombs01

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Post by rcoombs01 » Thu Aug 28, 2008 3:48 pm
Thank you for your help. MUch appreciated
 
 

MelanieGiles

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Post by MelanieGiles » Fri Aug 29, 2008 12:51 am
I don't think that that is right. A debt is due when the agreement to create the debt is struck, and is not dependent on the receipt of an invoice. Given that you both acknowledge that the debt is due, and the IFA keeps reminding you, the 6 year period will only run from the time of the last reminder. Of course it is incompetant on his part not to have issue you with a payment demand.
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rcoombs01

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Post by rcoombs01 » Fri Aug 29, 2008 9:50 am
Thank you for your help.
R
 
 

size5

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Post by size5 » Fri Aug 29, 2008 10:26 am
Indeed that is right Mel, I should have made that a little clearer so apologies for that.

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