Does a debt ever expire?

[alicekrige]

If a business owes a supplier money - does this debt ever die naturally?

So if someone owes mea for goods which I have supplied, is there a time after which I cannot claim this money from my purchaser?

[Ethel]

You can always ask him for it - however old the debt is.

Pursuing a debt through the courts is different. A good explanation here (England and Wales only) -

http://www.payplan.com/debt-library/joint-and- several-liability-the-limitation-act-1980.php

[alicekrige]

Thank you :o)