Statute-Barred Debt | How Long Can A Debt Be Chased in NZ?
November 2, 2024
In New Zealand, most debts can legally be chased for up to six years before becoming statute-barred debt, as set
In New Zealand, most debts can legally be chased for up to six years before becoming statute-barred debt, as set
Business owners are often lent an umbrella when the sun is shining but asked for it back as soon as
It won’t come as a surprise to you that creditors have much better memories than debtors.
Most businesses that owe money will have some form of fiscal amnesia; and if not dealt with properly, it can be a time-consuming, expensive and frustrating process to snap them out of this state.
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