Arkansas Disputed Open Account Settlement

State:
Multi-State
Control #:
US-01794
Format:
Word; 
Rich Text
Instant download

Description

Disputed Open Account Settlement: A Disputed Open Account Settlement states that both the Debtor and Creditor have been disputing a certain amount in controversy. However, by signing this contract, both sides agree to compromise their positions in order to reach a mutual understanding and agreement. This form is available in both Word and Rich Text formats.

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FAQ

In Arkansas, misdemeanors generally carry a 1-year statute of limitations. Felonies are more varied, with no time limit for many felonies. There is a 6-year limit for Class Y and A felonies, and a 3-year limit for Class B, C, D, and unclassified felonies.

(1) A person commits the offense of defrauding a secured creditor in the second degree if he or she uses motor vehicle insurance policy proceeds in excess of one thousand dollars ($1,000) obtained from a settlement of a property damage claim on a motor vehicle subject to a security interest in contravention of the ...

In 1881, the state's General Assembly passed resolution 1-4-105 declaring that the state's name should be spelled ?Arkansas? but pronounced ?Arkansaw?.

In Arkansas, misdemeanors generally carry a 1-year statute of limitations. Felonies are more varied, with no time limit for many felonies. There is a 6-year limit for Class Y and A felonies, and a 3-year limit for Class B, C, D, and unclassified felonies.

No statute of limitations for murder or for rape when a positive DNA match is established or the victim was a child, sexual assault, other sex crimes against children, capital murder, or murder in the first or second degree.

Some crimes, however, such as murder and rape with violence, may not have a statute of limitations. Usually, this is only for more serious criminal offenses.

§ 4-57-109. (2) Any amount paid or payable to a consumer lawsuit lender under a consumer lawsuit lending transaction that exceeds the amount provided by the consumer lawsuit lender to the consumer in connection with a consumer's dispute shall be included as interest for purposes of § 4-57-104.

What is the personal injury statute of limitations in Arkansas? ing to Arkansas Code § 16-56-105, the statute of limitations for personal injury lawsuits is three years from the date of the injury.

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Arkansas Disputed Open Account Settlement