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159-150. Sworn statement of debt; debt limitation. After or at the time an application is filed under G.S. 159-149, the finance officer, or some other officer designated by the board, shall prepare,
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A sworn statement of debt is a legal document in which a person declares under oath the amount of debt owed.
Individuals or businesses who owe money to creditors are required to file a sworn statement of debt.
To fill out a sworn statement of debt, the debtor must provide details of the debt, including the amount owed, the creditor's name, and any relevant payment terms.
The purpose of a sworn statement of debt is to provide a formal record of the amount owed by a debtor to a creditor.
The sworn statement of debt must include details such as the amount owed, the creditor's name and contact information, and any relevant payment terms or agreements.
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