Whether you're borrowing money or providing a loan to someone else, a Promissory Note is usually the best way to establish a record of the transaction and make sure that repayment terms, for example, are clear and fair.
However, an “IOU†is generally regarded as only an acknowledgment of a debt, not a promise to pay the debt. However, this form is a written promise to pay a debt.
Most states or jurisdictions have statutes of limitations between three and six years for debts, but some may be longer. This may also vary depending, for instance, on the: Type of debt. State where you live.
File the answer with your clerk of courts' office. The summons will have the address and contact information for the clerk of court's office. Mail a copy of your answer on the plaintiff's attorney. You can find name and address for the plaintiff's attorney on the summons.
Ohio is a “common property law” state, which means you're generally responsible only for debt that's in your name. Marriage does not mean your credit histories become combined, even if you now share the same last name and address.
No, you aren't legally responsible for your partner's debt unless you guarantee it or if it is a joint credit card account. Debt entirely in the name of your spouse, you are not responsible for.
Ohio is a “common property law” state, which means you're generally responsible only for debt that's in your name. Marriage does not mean your credit histories become combined, even if you now share the same last name and address.
Specifically, the rule states that a debt collector cannot: Make more than seven calls within a seven-day period to a consumer regarding a specific debt. Call a consumer within seven days after having a telephone conversation about that debt.
The phrase in question is: “Please cease and desist all calls and contact with me, immediately.” These 11 words, when used correctly, can provide significant protection against aggressive debt collection practices.
The experienced Ohio debt-relief attorneys at Fesenmyer Cousino Weinzimmer have some good news — getting married does not mean that one spouse takes on the other's past debt or negative credit score. Ohio is a “common property law” state, which means you're generally responsible only for debt that's in your name.
