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States, unlike the federal government, are more likely to have a surplus, with some states, such as North Carolina, where having a deficit is illegal under its constitution, have no debt.
What else can I help you with?
What is the difference between a liquidated debt and an unliquidated debt?
The difference between an unliquidated debt and a liquidated debt is this: Liquidated Debt: A debt that has an exact monetary value. Unliquidated Debt: A debt that is undisputed as to its amount, but still under the liability of the debtor. Each one of these debts has a statute of limitations to it. I believe they stand at 3 years for liquidated debt, and 6 years for unliquidated debt. These numbers are for Colorado and can change from state to state based on their rulings.
Is Massachusetts a non recourse debt state?
Massachusetts is a non recourse debt state. Other non recourse debt states are Kentucky, Louisiana, Maine, Maryland, Michigan, Montana, and Mississippi.
What is the meaning of debt?
Debt is a state of owing something (in this category the "something" would be money) to someone.
How long can a debt collector attempt to collect a debt?
Hello, Please search in google for State Statute of limitation. I could have answered that, if i knew which type of debt it is and which type of contract you have along with your state. You should get the answer, there are a lot of websites that have State Statute of limitation. Thanks!
Does a credit card debt that has been passed to a debt collection agency need to be paid the original debt is from 1978?
Hello, Please search in google for State Statute of limitation. I could have answered that, if i knew which type of debt it is and which type of contract you have along with your state. You should get the answer, there are a lot of websites that have State Statute of limitation. Thanks!
Which state has the least debt in the United States?
North Carolina
What country is least in debt?
Luxembourg
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 least expensive source of capital?
debt
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 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.
What country has the least national debt?
Switzerland and the Vatican
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.
Can a debt laywer sue you from another state?
They can bring charges from another state. Often the agreement that the debt was incurred under specifies a state to bring charges in.
What state has the most debt?
California
How do you report a debt collection company that is harassing you for a debt you dont owe?
Contact the State Division of Banking in the state the company is located in.
