A promise to pay a debt for which a statute of limitations bars recovery is an enforceable promise.

Name: A promise to pay a debt for which a statute of limitations bars recovery is an enforceable promise.
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Even though the statute of limitations may bar recovery of the debt, a new promise to pay the debt can be enforceable under certain circumstances, such as if there is a written acknowledgement or partial payment made by the debtor. This is known as a "new promise" or "reaffirmation" of the debt.

A Promise to Pay a Debt for Which a Statute