This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.

Debt On A Promissory Note Statute Of Limitations in Michigan

Michigan’s statute of limitations for a debt arising from a promissory note is set by MCL § 600.5813, which establishes a three-year period to bring a legal action. This rule applies to written promises to pay a sum of money, meaning the clock begins running from the date of default or the last payment, depending on the note’s terms. The three-year limit is a strict bar; once it expires, the creditor cannot enforce the debt through the courts. The worked example below demonstrates how this period is applied to a typical promissory note scenario. For an estimate tailored to your specific circumstances, use the DocketMath calculator with your note’s details.

Governing authority

In Michigan, the statute of limitations rule is set by MCL § 600.5813. The verified packet cites MCL § 600.5813 (https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-600-5813).

Deadline example

For a Michigan debt on a promissory note limitations check, use the verified limitations period from the current rule packet: 3 years. The authority packet cites MCL § 600.5813 (https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-600-5813).

Example inputs:

• Accrual date: 2024-04-25
• Filing date checked: 2026-04-25

Calculation:

• Start with the accrual date.
• Add 3 years.
• The example deadline is 2027-04-25.

This example is generated from the verified facts packet rather than freeform prose. Confirm tolling, discovery rules, and claim-specific exceptions before relying on the date.

Estimate your own result: every situation has exceptions that can change the outcome. Use the debt on a promissory note statute of limitations calculator to estimate your specific figure.

This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.