Liberating prescription

Questioner

Does a liberating prescription always occur after 20 years even if this debt is paid, question 2 it concerns a mortgage residual debt which extortion title / values ​​does the mortgage deed still have if it has expired after 20 years can it still be used for continuation of seizure or new. Thank you in advance for your response.

Lawyer

The 5-year limitation period for monetary debts can be interrupted and expires definitively for each term by the lapse of twenty years. Every 5 years an upcoming term must be interrupted and certain requirements are set for such letters. The debt can, however, be offset against outstanding due and payable claims with the same bank or in relation to it after the lapse of 20 years.