These statutes, or laws, say when you can file your action. If you don’t file on time, you lose automatically. For example, if you are in a car crash, you have 2 years to file a lawsuit. This might not be true for your case. You have to check the time limit yourself. But in general this is the case. If you wait one day after the time limit, the Court won’t let you sue, except in very special circumstances.
