Panayotova, Lyuba2026-01-162026-01-162000-01-150861-3184https://doi.uni-plovdiv.bg/handle/store/957This contribution considers the statute of limitation period as one of the main civil law institutions. A distinction is made between the statute of limitations and other methods of material and procedural nature for extinction of obligations. Attention is also paid to the interaction between the statute of limitation period and certain facts terminating rights. In conclusion, the question of the historical development of the institution is also touched upon.otherlimitation periodmethods for repayment of obligationsConcerning the Essence of the Limitation PeriodArticle