Yes. It is a common misconception that a creditor or collector cannot pursue legal action if any payment from the debtor is accepted. Once a contract is in default the lender or collector can take whatever steps allowed under the laws of the debtor's state to recover monies owed.
Can and must
In most cases, yes. That is the purpose of a deposit- to pay for holding a property for you. There are a few circumstances where your deposit would be returned, but usually not. A DAMAGE deposit should be returned. If you have a written lease, read the lease to see what it says.
Most states which have laws governing (and limiting) deposits consider a pet deposit to be a security deposit, intended to be used for repairing physical damage. Some states forbid any security deposit greater than one month's rent, including a 'pet deposit'. So, yes, if there is no physical damage, the deposit should be returned.
This means the bank has bounced a check that was deposited.
DDA stands for Demand Deposit Account. It is your deposit account. A term used widely in payments industry
does that mean social security people are getting 310
Isn't the security deposit part of the conditions of renting? If you are wanting to have the deposit returned, small claims court is the way to go.
No. CD stands for Certificate of Deposit which is a certificate issued by a bank after they accept the deposit from you. No matter what happens, this money will be returned to you on the date of maturity/completion of this deposit.
Common methods of payments to employees are direct deposit, paper checks, and PayPal deposits. When given a choice, most employees chose electronic methods of payment (direct deposit or PayPal) due to the convenience.
The security deposit should be applied to the arrearage (including any court costs), and any remainder returned to the tenant. Does the landord need to notify you how your deposit will be applied.
A half-down non-refundable deposit would be a 50% deposit on what you're making the deposit on (a $700 per month rent apartment might require a half-down deposit, i.e. $350), this deposit will not be returned at the end of the term / deal / transaction.
Yes. If it is a deposit paid to a vendor, then it will be classified as an asset. If it is a deposit received from a customer, then it is a liability. Depending on when it is expected to be returned, you will classify it as either current or non-current.
Get nominated by your party to stand in a particular constituency. Make a deposit. If you get enough votes the deposit is returned to you. Get the most votes and you become an MP.
Alamo does not hold a deposit on car rentals when using a Credit Card. Cash payments require for a deposit of $500 plus all charges for the rental.
That depends on the laws of your state. Many states require that the security deposit be returned (or accounted for) within 30 days after the end of the tenancy.
False. You add deposits to what you already have. You subtract the amounts of checks, fees and automatic payments made out of the account.
The purpose of a direct deposit form it to allow payments to be made directly to one's bank account. This is a common method used in larger corporations for direct deposit of one's earnings into a personal bank account.
No, generally a utility deposit is not a payable. On the rare chance that the company allows you to "make payments" on the deposit, until it is paid, the it would be a payable, however, that generally is not the case. A utility deposit is generally required as a "security" deposit to the company providing the service and as a rule must be paid in advance before said service can be activated. Most companies after a prescribed amount of time will and certain requirements are met (no late payments, no disconnection, etc) will refund the deposit to the person/company. If this is the case, then a utility deposit that may be refunded after a certain period of time is actually considered an asset.
The photographer gets paid in 3 payments - a deposit when we booked, a deposit 2 weeks before the date, and the final payment due 2 weeks after the wedding.
What payments are you referring to? It sounds as if the clause refers to the preliminary payments that are often secured PRIOR to allowing the tenant to move in and the lease actually going into effect (i.e.: security deposit - pet deposit - utility deposits - etc). If you've been living there and the payments you are referring to are your rental payments - too late - the lease is already in full effect.
deposit is money you put in, a payment is a check or other deduction a withdrawal is money you take out
The more you put down the smaller the monthly payments will be.
A performance deposit is to ensure the contract if followed and will come off the cost of the car. Its usually the lesser of three months payments or on third of the remaining loan on the car.
It is possible to get everything back in your CD or certificate of deposit by waiting until it matures. Once this time has elapsed, the original deposit along with any interest will be returned.