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If a person borrows money and lives in the same state where that transaction took place can the other person who now lives out of state sue them in the new state where they live?
Wiki User
∙ 18y ago
In nearly ever situation the answer would be no. The new state would have no personal jurisdiction over the debtor. The lawsuit should be filed where the borrower lives.
Wiki User
∙ 18y ago
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What is a person that borrows money from a bankfw?
A banker
In a mortgage who is the mortgagee?
The lender is the mortgagee. The person who borrows the money is the mortgagor.
What is the person called if he borrows money but does not return?
Hmm, are you thinking a thief ?
What is mortagee means?
Person that borrows money usually from bank to purchase home
What is the meaning of pro note?
If any person borrows any thing like money or any valuable property for a certain period. in such transaction when the debter writes a letter acknowledging his debt and stating that when he will return money. this written thing is called pronote. zohaib raza
What is the meaning of note?
If any person borrows any thing like money or any valuable property for a certain period. in such transaction when the debter writes a letter acknowledging his debt and stating that when he will return money. this written thing is called pronote. Hafiz Aqeel Ahmad Qila Ahmad Abad
When a person borrows money what is the original amount of the loan called?
The original amount of the loan is called principal.
When a country or a person borrows money to pay yearly debt they are involved in this type of spending?
deficit spending
When the government borrows money it must pay this?
Interest on the money
What is transaction media?
Transaction to do a certain business transactions mean it is a business dealing which involves transfer of money or money's worth from one person to another By - Nalini & raje
What do you call a son who borrows money?
greedy.
Who borrows money?
Everybody borrows money from everybody. bank loans. you wanna borrow money from me? >) dont worry. i would charge you to little tax! maby 100%? yeah. that's not bad >)
