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Q: Companies to whom debts are owed are called?
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After your death is your daughter responsible for credit card balance?

The estate of the person who has died is responsible for any debts. If there is not enough money in the estate to pay these debts then the people or companies to whom the debts are owed, simply never get paid. The descendants of the person who has died do not have to meet these debts unless they are party to the debt agreement (i.e. they signed the debt agreement too - i.e. the credit card is held in joint names).


On a promissory note who is the payee?

The payee is the person to whom the money is owed.The payee is the person to whom the money is owed.The payee is the person to whom the money is owed.The payee is the person to whom the money is owed.


What do you call the person to whom money is owed?

You call them 'The person I owe money to'


What does the term DEBITOR means in accounts?

debitor is a person to whom by money is owed


What does liege mean?

A liege is a feudal lord or monarch to whom allegiance and loyalty are owed by vassals or subjects. It can also refer to a superior to whom one owes loyalty or service.


If the parents of a child reconcile and get remarried what happens to the obligation for past due child support?

Any child support arrears must be paid unless, of course, the person to whom the funds are owed decides not to pursue the case.Any child support arrears must be paid unless, of course, the person to whom the funds are owed decides not to pursue the case.Any child support arrears must be paid unless, of course, the person to whom the funds are owed decides not to pursue the case.Any child support arrears must be paid unless, of course, the person to whom the funds are owed decides not to pursue the case.


What is the difference between accounts payable and notes payable?

Accounts payable refers to liabilities owed to creditors from whom you've made a purchase. Notes payable refer to liabilities owed to investors from whom you've borrowed money by issuing a debt security.


What is a peasant worker bound to the area of land held by the lord to whom he owed service in return of protection?

serf


Where do companies get money from?

People to whom the company's services are of value.


Medieval lands owned by a nobleman or lord for whom the serfs labored and to whom they owed allegiance were known as?

Medieval lands owned by a nobleman or lord for whom the serfs labored and owed allegiance were known as manors or feudal estates. These were self-sufficient agricultural areas, usually centered around a manor house or castle, where the lord exercised control over the serfs who worked the land.


Who is responsible for a person that die their bills in the state of Georgia whom does not have a spouse?

The executor of the estate has to resolve all debts. The State of Georgia will appoint one if a family member doesn't wish to serve. There is no personal liability for the debts. If there are not enough assets to pay off the debts, they are not paid.


What is a list of people considered troublemakers whom the companies wouldn't hire?

Blacklist