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Old 07-26-2009, 11:08 PM
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Default Az sol?

Anyone know what the SOL is in Arizona and what date do they use to start the clock ticking?

Flypilot
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#2
 
Old 07-27-2009, 12:04 AM
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ARIZONA

INTEREST RATE

Legal: 10%

Judgment: 10% or contractual

STATUTE OF LIMITATIONS (IN YEARS)

Open Acct.: 3

Written Contract: 6 in Az. - 4 outside Az.

Domestic Judgment: 5-additional 5 upon request (indefinitely)

Foreign Judgment: 4

BAD CHECK LAWS (CIVIL PENALTY)
Twice the amount of check, costs of suit, reasonable attorney fees.

GENERAL GARNISHMENT EXEMPTIONS
See federal law.

COLLECTION AGENCY BOND & LICENSE

Bond: $10,000 minimum (based on gross income)

License: Yes

You'll have to ask someone else about when the clock starts ticking! Sorry Dont want to tell you the wrong info!
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