You are never legally responsible for any debt unless you specifically sign for that debt. If someone is trying to get you to pay a debt that you do not believe is yours, tell them to produce a copy of the document you signed.
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.
To remove a debt collector from your credit report, you can dispute the debt with the credit bureaus if you believe it is inaccurate or outdated. You can also negotiate a pay-for-delete agreement with the debt collector to have the negative information removed in exchange for payment.
The United States and Japan. they hold most of the national debt. right now, but I believe that China is getting up there.
In our area, I believe the average credit card debt to be about $2000.00 I know that sounds small, but we are a lot smarter than most Americans here. In our area, I believe the average credit card debt to be about $2000.00 I know that sounds small, but we are a lot smarter than most Americans here.
Washington Journal - 1995 Debt Reduction Proposal Debt Debate was released on: USA: 22 July 2011
There are limits for medical debt would be a written agreement. In Washington they have set the limitation at 6 years.
Yes, there was a war debt from Revolutionary War expenses.
The limit on a recorded debt in Washington is set at 6 years. The start of that time frame is the last acknowledgement of the debt, which is a payment or communications.
The estate is responsible for debt. That is one of the reasons for opening probate.
National Debt
Debt generally doesn't have a statute of limitation. Of course debts have a statute of limitations. In Washington state it is 3 years or 6 years, depending on the debt. Check out Washington law RCW 4.16 for more information. Every state has a statue of limitations on debt, which you will commonly see referred to as "SOL" when people write about it.
huge debt.
The whiskey rebellion happened because George Washington had a national debt and taxed people on the whiskey to pay the debt.
national debt and political affairs
by keepin it real
The national government had the obligation to pay the debt.