What is the statute of limitations for civil litigation?

The statute of limitations is a legal time limit that determines how long a person has to take legal action for a particular matter. In the state of New Mexico, the statute of limitations for civil litigation is typically four years. This means that if a person suspects they have a claim against someone, they must take legal action within four years of the incident in order to file a lawsuit. The statute of limitations is designed to ensure that legal claims are brought to court in a timely manner. This is because evidence and memories can become increasingly difficult to obtain over time, making it more difficult for a court to come to a fair decision in a case. In addition, the statute of limitations can also vary depending on the type of claim. For instance, personal injury claims in New Mexico typically have a two-year statute of limitations, whereas claims for fraud have a three-year statute of limitations. Although the statute of limitations serves as a general guideline, they are not always strictly enforced. For instance, a court may allow a case to be heard despite it being past the statute of limitations, depending on the circumstances. In any case, it is best to file your claim as soon as possible in order to avoid delays or complications.

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