While the statue of limitations for a personal injury case is two years, the time limit is different for different causes of actions. Because the Statute of Limitations is so critical, most law offices will have two methods of checking to see that the statute of limitations is protected in any case.
DEFINITION of 'Credit Risk'. The risk of loss of principal or loss of a financial reward stemming from a borrower's failure to repay a loan or otherwise meet a contractual obligation.Credit risk arises whenever a borrower is expecting to use future cash flows to pay a current debt.Investors are compensated for assuming credit risk by way of interest payments from the borrower or issuer of a debt obligation.redit risk arises whenever a borrower is expecting to use future cash flows to pay a current debt. Investors are compensated for assuming credit risk by way of interest payments from the borrower or issuer of a debt obligation.
Answer     650 and above is considered very good. 620-650 is considered good (average FICO score) in some cases there might be a problem with large loans. 620 a â¦ nd below is considered a credit risk, that does not necessarily mean the person cannot obtain credit. It means it is likely the amount and terms of credit would differ significantly than offers made to someone with a higher score. + 29 others found this useful.