The national wage distribution is shown below. To overlay local salaries for an Automotive Service Technician or Mechanic, please select your state.
The Johnson Debt Default Act of 1934 is a U.S. law prohibiting future loans to nations that have defaulted on repayment of previous loans to the U.S. This law came about following the collapse of the international financial situation created by the Dawes Plan and subsequently modified by the Young Plan as a result of the Great Depression.
Thus, failure to make payment under a contract is a default; more specifically, failure to repay or otherwise comply with the terms of a loan agreement are acts of default. Some legislation may provide for special notice to be given as in consumer credit or in relation to mortgages.