Out of state debts...
Date: Tue, 04/05/2005 - 14:54
Hi, I'm new to this group. Was actually inquiring on my roommate's behalf. He's gotten himself into trouble with many companies, owing hundreds and even thousands of dollars. My question is: if we live in a different state from which he acquired most of his debts, and also has some in our new home state, is it still possible to consolidate? Would the state laws in which we now reside apply to the debts of the other states?
Quote:My question is: if we live in a different state from which
Quote:
My question is: if we live in a different state from which he acquired most of his debts, and also has some in our new home state, is it still possible to consolidate? |
Yes it is possible to consolidate the debts from different states.
Quote:
Would the state laws in which we now reside apply to the debts of the other states? |
No, the state from where you acquired the debt is applied to it.
We have covered the state laws in debts under our ranking chart section; please go through for more details.
Thanks
Vikas
