Some actions require prompt initiation of a lawsuit, while other matters can be given more time.
Statutes of limitation exist in both the federal and state law system.
There is generally a longer period of time for controversies relating to real property than there is for personal injury. Complaints regarding a written contract usually can be filed later than a complaint based upon an oral contract. Determining when the statute of limitation begins can be complex. Some limitations are based upon when a plaintiff should have known there was a problem. Just because there is a long period of time before a lawsuit must be filed does not mean that the period must be almost expired before filing.