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A demand letter, letter of demand, [1] (of payment), or letter before claim, [2] is a letter stating a legal claim (usually drafted by a lawyer) which makes a demand for restitution or performance of some obligation, owing to the recipients' alleged breach of contract, or for a legal wrong.
Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan.
The national debt of the Philippines is the total debt, or unpaid borrowed funds, carried by the national government of the Philippines. As of the end of October 2024, the total national debt of the Philippines amounts to ₱15.1889 trillion ($273.9 billion).
The Tagalog language and the Filipino language have developed unique vocabulary since the former's inception from its direct Austronesian roots and the latter's inception as the developed and formally adopted common national language or national lingua franca of the Philippines from 1973 to 1987 and onward, incorporating words from Malay, Hokkien, Spanish, Nahuatl, English, Sanskrit, Tamil ...
Being an unpaid office, undertaken voluntarily and sometimes more for the sake of renown or to confirm the justice's standing within the community, the justice was typically a member of the gentry. The justices of the peace conducted arraignments in all criminal cases, and tried misdemeanours and infractions of local ordinances and bylaws .
Scam letter posted within South Africa. An advance-fee scam is a form of fraud and is a common confidence trick.The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum.
A rent-sangla scam, also known as rent-tangay scam, is a confidence trick that began to be performed in the Philippines in early 2017.. According to local reports, victims of a so-called rent-sangla (rent-mortgage) scam said they later found out that they had fallen victim to fraudulent promises of rental income when they later found their vehicles had either been mortgaged or sold to ...
An assignment does not necessarily have to be made in writing; however, the assignment agreement must show an intent to transfer rights. The effect of a valid assignment is to extinguish privity (in other words, contractual relationship, including right to sue) between the assignor and the third-party obligor and create privity between the obligor and the assignee.