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what is the sol for arizona. what sol applies to the acct., the state the company originates or the state you live in? thx.

3 Years Oral Agreements
6 Years Written Contracts
5 Years Promissory Notes
3 Years Open Accounts

The state you live in the SOL that usually applies.

Sub: #1 posted on Tue, 03/20/2007 - 19:41

goudah2424 goudah2424

(Posts: 7936 | Credits: 1224.93)

so does that mean I could rack up as much debt as possible and leave the country for 6 years and come back to zero debt and no consequences?

Sub: #2 posted on Thu, 08/07/2008 - 21:09

Unregistered means that you would likely come back to judgments against you as leaving the country would toll the statute.

Sub: #3 posted on Thu, 08/07/2008 - 21:21

Moderators Cum Industry Expert
(Posts: 4665 | Credits: 308.23)

Be careful .That could be construed as fraud.

Sub: #4 posted on Thu, 08/07/2008 - 21:22

mobile0311 mobile0311
(Posts: 1817 | Credits: 104.57)

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