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.
N.C. Gen. Stat. § 1-76.1
Where deficiency debtor resides or where loan was negotiated
Applied in 3 court decisions — leading case 138 N.C. App. 679 - Centura Bank v. Miller (2000)
Most recently applied in Conseco Finance Servicing Corp. v. Dependable Housing, Inc. (May 2002)
1977, c. 383, s. 1.
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.