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What state has the most debt?

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Anonymous

15y ago
Updated: 8/18/2019

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State with the most people in debt?

California


What is the sol on credit card debt?

It varies from state to state. Most states are 3-5 years.


Who opposed assumption of state depts?

Madison, Viriginia, any state that had already paid off most of their debt


Who holds most us bonds and other debt securities?

state and local governments


How long can a debt collector come after you in the state of Oregon?

A debt collector can come after you until the debt is satisfied. However, most will to persist beyond 3 years and few will persist after 7.


Is debt shared when married?

In most cases, debt incurred before marriage remains the responsibility of the individual who incurred it. However, debt acquired during marriage may be considered shared, depending on the laws of the state and how the debt was acquired.


If you move from one state to another but the in the state you previously lived in owe a debt does that statute of limitations for that debt change to the limitations of the state you move to?

No, the SOL is based on the state where the debt occurred. Moving to another state makes no difference.


What is the statute of limitation for debt if you move from one state to another?

The statute of limitations for debt varies by state and type of debt. Generally, the statute of limitations is based on the state where the debt was originally incurred. If you move to a state with a shorter statute of limitations, it does not shorten the time frame for collecting the debt. Be sure to check the specific laws in both states to understand your rights.


What is the statute of limitations for debt?

SOL's for debt are established by state law, therefore they vary as to the length of time for different types of debt. Search: " Name of state (example: California) Statutes of Limitations for debt".


Can a lien be put on a Florida home for an unpaid automobile debt?

In most states no. Check with you state Attorney General.


Can an out of state debt collector sue you?

Yes, an out of state debt collector can sue you. Many debt collection agencies collect for companies located all over the country.


Is interest on Georgia state debt exempt from taxation?

Yes. Faith and credit of state pledged debt may be validated. The full faith, credit, and taxing power of the state are hereby pledged to the payment of all public debt incurred under this article and all such debt and the interest on the debt shall be exempt from taxation.