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Generally, full payment to any of the solidary obligees extinguishes the obligation. A common example of solidary obligations for the obligees is a joint bank account; when two or more names are on an account, they are obligees of the bank's obligation to make funds available on demand.
The IRS must have assessed the tax and must have sent a written Notice and Demand for Payment; The taxpayer must have neglected or refused to pay the tax within the time prescribed in the notice</ref> and, The IRS must have sent a Final Notice of Intent to Levy and Notice of Your Right to A Hearing (levy notice) at least 30 days before the levy.
Sample dunning record, from a 1913 business manual. Dunning is the process of methodically communicating with customers to ensure the collection of accounts receivable. ...
In finance, a security interest is a legal right granted by a debtor to a creditor over the debtor's property (usually referred to as the collateral [1]) which enables the creditor to have recourse to the property if the debtor defaults in making payment or otherwise performing the secured obligations. [2]
A debt collection bureau in Minnesota. Debt collection or cash collection is the process of pursuing payments of money or other agreed-upon value owed to a creditor. The debtors may be individuals or businesses. An organization that specializes in debt collection is known as a collection agency or debt collector. [1]
In fact, according to the Federal Reserve's latest Household Debt and Credit report, American consumers now owe more in auto loans ($1.61 trillion) than they do in student loans ($1.6 trillion).
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A Louisiana Senate panel signed off on a bill Wednesday that would essentially rewrite state public records law by exempting nearly every record at all levels of government from public scrutiny.