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A pay-for-delete letter is a written request sent to a creditor or collection agency asking them to remove a negative entry from your credit report in exchange for payment. The primary goal is to ...
Keep in mind that receiving a VA pension doesn’t guarantee that a veteran or their surviving spouse will agree to pay their family caregiver. To qualify, your loved one needs to meet the income ...
Keep copies of letters, emails, payment receipts and any agreements made with the collector. Your documentation serves as a record of your efforts and protects you in case of disputes or inaccuracies.
Reaffirmations are strictly voluntary. If you wish to reaffirm (agree to pay back) any particular debt, you must enter into a written agreement with the creditor, which legally obligates you to pay all or a portion of a dischargeable (wiped out by the bankruptcy) debt. The form for this is Form 240A Reaffirmation Agreement.
The accord is the agreement to discharge the obligation and the satisfaction is the legal "consideration" which binds the parties to the agreement. A valid accord does not discharge the prior contract; instead it suspends the right to enforce it in accordance with the terms of the accord contract, in which satisfaction, or performance of the ...
A set of heads of agreement, heads of terms, or letter of intent is a non-binding document outlining the main issues relevant to a tentative sale, partnership, or other agreement. [ 1 ] A heads of agreement document will only be enforceable when it is adopted into a parent contract and is subsequently agreed upon, unless otherwise stated.
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