Short answer
Expiry of limitation does not automatically erase the debt’s factual existence. The Code entitles the debtor to refuse performance. Voluntary performance after expiry cannot be reclaimed merely because the claim was time-barred.
Practical example
A debtor pays an old debt and later learns of possible limitation. That alone does not justify recovering the payment.
What to do
Check when time began, partial payments, acknowledgments and court history. An old debt date alone is not a final limitation assessment.
Points to consider
An acknowledgment or payment may affect the running of time. Understand the consequences before signing an agreement.
Legal basis
Civil Code of Georgia, Articles 129, 130, 137, 144. Current text: https://matsne.gov.ge/ka/document/view/31702
Information checked on 28 October 2026. The outcome depends on the documents and facts of the individual case.
Consult YURFIRMA to assess your documents and the appropriate legal route: https://yurfirma.ge/en/kontakty
This is general information and does not replace a legal assessment of your specific case. The current law and the relevant facts are checked again when you seek advice.