A statute of limitations sets the deadline for filing a lawsuit. Missing this deadline typically bars your claim permanently, regardless of its merits. Time limits vary by state and type of claim: personal injury cases are often 2 to 3 years, while written contract disputes can run 4 to 6 years or more.
Consumer protection laws provide remedies for fraud, defective products, and unfair business practices. Knowing your rights can help you seek appropriate legal advice.