Statute of limitations on debt and judgements in Alaska
Q: Can someone tell me what are the statutes of limitations in Alaska on both debt and judgement? I get all sort of conflicting ideas. I used to live in Alaska and moved away two and half years ago, leaving behind some unpaid bills. Now I am about to move back and want to know what to expect.
A: Alaska SOL on judgements, both foreign and domestic is 10 years with the maximum interest rate capped at 10.5%. Debt SOLs are rather confusing, with many sources reporting very different information. The best I can tell you is that statute of limitations on both Open Account and Written Contract is 3 years. You better find a local debt-related attorney.
Fri Sep 12, 2008 04:09PM | Copyright: www.bad-credit-advisor.com | More in Relieving Debt | Comments (0)
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