Southern, Hamilton's, state, national capital, south.
Most northern states had large debts due to their heavy expenses from the Revolutionary War. Most southern states had little or no debts. Treasury Secretary Alexander Hamilton wanted the federal government to assume these debts; in doing so he hoped he would improve the nation's reputation with creditors and amass power in the hands of the federal government. The southern states balked at the idea, so Hamilton reached a compromise with them: if they agreed to his debt assumption plan, he would approve of a southern location for the nation's capital. And so it was - Washington was built between the southern, slaveholding states of Maryland and Virginia.
In Washington the estate has to pay off the debts to include the cost of a funeral. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
The estate of the deceased is responsible in Washington. The executor is responsible for listing all assets and debts. The debts are paid and anything left is distributed.
Yes. Bankruptcy is a Federal Government function. It effects debts in all states.
The Capital of the United States of America. It was moved to its current location on the Potomac River, named Washington, DC.
The inability of the united states to repay its debts
Absolutely. The States do a great job of intercepting tax refunds for collection of child support or other government agency debts. They also work together well to help each other in collection of these debts.
It was designed by Pierre L'Enfant and became the capital in 1800 Alexander Hamilton wanted the federal government to assume the state's debts. The states argued that if the federal government took over the state debts, the people of states with few debts would have to pay taxes to service the larger debts of other states. Hamilton and his supporters made a bargain with the Virginians to pass the bill. The deal was to move the national capitol. The capitol had moved from New York to Philadelphia in 1790. But the Virginians wanted a new capital near them in the South. Hamilton and Thomas Jefferson agreed for the construction of a new capital on the banks of the Potomac River, which divided Virginia and Maryland. Here Washington himself would pick the spot. The government would move there by the beginning of the new century.
No. When it relates to debts incurred in a marriage the couple are equally responsible for joint marital debts and solely responsible for debts incurred in their name only. Equitable distribution is generally used when it relates to the allocating of marital property in a divorce.
Southerners opposed Alexander Hamilton's plan to assume state debts from the Revolutionary War because they had already paid off a significant portion of their debts and felt it was unfair for them to support the debts of northern states. Additionally, they feared that the plan would increase federal power at the expense of state sovereignty. The opposition was also tied to regional tensions, as many southern leaders were concerned about the growing influence of the northern states in the new federal government.
It has to do with Hamilton's plan to repay the debts of the USA after the Revolutionary war. Hamilton was Washington's economic cabinet member. His plan was that the USA would assume all of the debts of all of the states (each individual State had debt to various places at the time). This was great for all of the States, save Virginia, which had already payed off all of its debts. The south at this time was also afraid of a strong northern government taking away the rights of the south. So in order for the Bill to pass the south insisted that the nations capitol would be moved to a more central location, that central location being Washington D.C.
Depends on the nature of the underlying debt. If it's for taxes, penalties, fines, or child support, likely yes.