North Carolina General Statutes 1-76.1. Where deficiency debtor resides or where loan was negotiated
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Terms Used In North Carolina General Statutes 1-76.1
- Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
Subject to the power of the court to change the place of trial as provided by law, actions to recover a deficiency, which remains owing on a debt after secured personal property has been sold to partially satisfy the debt, must be brought in the county in which the debtor or debtor’s agent resides or in the county where the loan was negotiated. (1977, c. 383, s. 1.)