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  2. Factoring (finance) - Wikipedia

    en.wikipedia.org/wiki/Factoring_(finance)

    Debt factoring is also used as a financial instrument to provide better cash flow control especially if a company currently has a lot of accounts receivables with different credit terms to manage. A company sells its invoices at a discount to their face value when it calculates that it will be better off using the proceeds to bolster its own ...

  3. Strict foreclosure - Wikipedia

    en.wikipedia.org/wiki/Strict_foreclosure

    Strict foreclosure is also an effective remedy where the value of the goods foreclosed is the equivalent of the debt due and owing, and the creditor can easily sell the goods for that value. In order to effect a strict foreclosure, the creditor must transmit a proposal indicating their desire to foreclose, which must be sent to the debtor and ...

  4. Repossession - Wikipedia

    en.wikipedia.org/wiki/Repossession

    The debt must then be collected by an officer of the court (Gerichtsvollzieher) who exclusively may use force to collect the debt, such as opening a door or enlisting help from police. Neither the creditor nor private debt collection agencies may use force or seize property against the will of the debtor. [citation needed]

  5. How to buy a house from a family member - AOL

    www.aol.com/finance/buy-house-family-member...

    Pros of buying a family member’s home. Commission savings: If you and a trusted family member agree to a sale, you might be able to eliminate the need for real estate agents.Considering that the ...

  6. UCC-1 financing statement - Wikipedia

    en.wikipedia.org/wiki/UCC-1_financing_statement

    A UCC-1 financing statement (an abbreviation for Uniform Commercial Code-1) is a United States legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor (a person who owes a debt to the creditor as typically specified in the agreement creating the debt).

  7. The housing market should pick up next year, but the path ...

    www.aol.com/finance/housing-market-pick-next...

    Next year is shaping up to be a little bit better. Many of the plights that kept would-be buyers and sellers sidelined this year, like 6% to 7% mortgage rates and home prices near record highs ...

  8. Secured transaction - Wikipedia

    en.wikipedia.org/wiki/Secured_transaction

    The debtor is in debt $10K to the secured creditor and $2000 to the unsecured creditors. Assume the debtor defaults and his only asset is the automobile. The dealership can repossess the auto and sell it to satisfy its debt. Two things can happen here: 1) The dealership sells the collateral (car) for more than the amount of the debt (let's say ...

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    Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!

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    related to: supplier is debtor or creditor better for selling one house or sale in texas