My question involves collection proceedings in the State of: TX or AZ
I live in Texas and lent someone some money that lives in Arizona. The borrower signed a promissory note in January 2004. It appears as if the statute of limitations for written debt contracts is 6 years in AZ and 4 years in TX. The promissory note was written and signed in AZ but was not notarized.
1. Does the statute of limitations in TX or AZ apply?
2. If the AZ statute of limitations applies, would I have to sue the borrower in AZ or can I sue him in TX?
3. How much of a problem could it be that the promissory note wasn't notarized?
Thank you very much,
Steve

