Month: December 2020

National Assembly introduced a 10-year absolute statute of limitation for the very first time in the Bulgarian Private law

National Assembly introduced a 10-year absolute statute of limitation for the very first time in the Bulgarian Private law National assembly introduced a 10-year long absolute statute of limitation for debts of natural persons, as a new Article 112 was added to the Obligations and Contracts Act. The new Article states that “With the expiration …

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