answersLogoWhite

0

It would depend on what kind of overpayment you are referring to. If it is like for a credit card or utility bill, they will likely just give you credit. If it is for a mortgage payment then the extra amount will be applied to your principle.

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

What does overpayment mean on your state taxes and what does it mean by Amend?

"Overpayment" means that you paid more income tax than you owed and, therefore, are probably due a refund. "Amend" means to send in a corrected tax return, which will take the place of the original return.


What is the past tense of error when error is the subject?

The past tense is errored.


Can you bankrupt a VA Overpayment?

no


Could you owe in overpayment and still receive disability?

Yes, usually SSA will keep a portion of your disability benefits until the overpayment is paid in full. If you're in an overpayment, you might try applying for a waiver.


I had an EDD status of a claim say "Overpayment", then I appealed it, now the status says "Overpayment Canceled". Does this mean I'm ok?

i


Can Canadian old age pension collect on overpayment inusa?

The Canadian old age pension is separate from any overpayment issues that may arise in the USA. If there is an overpayment of benefits in the USA, the appropriate US authorities would be responsible for addressing and collecting on that overpayment. The Canadian old age pension would not be involved in this process.


Should I apply my overpayment on my taxes?

Yes, applying an overpayment on your taxes can help reduce your tax liability or result in a refund. It is generally a good idea to apply any overpayment to your taxes to avoid owing more money later on.


Can overpayment on rent be applied to damages?

If you were required to pay a security deposit prior to moving in, overpayment would not apply to that unless you have a verbal or written agreement with the landlord. Typically, if you make an overpayment on rent, it would be applied to next month's balance.


Can Social Security garnish your wages for an overpayment when you have an appeal on file?

No, but if the appeal is favorable to the SSA they can recover the overpayment amount via garnishment of income.


Ohio child support overpayment?

http://www.ocffr.org/


Can Iowa unemployment garnish wages across state lines for overpayment?

I've had an unemployment overpayment in Iowa for nearly 10 years and have never had any of my wages garnished.


Can an employer in California deduct an overpayment from the employee's final paycheck if he has a signed consent?

Yes, an employer can deduct an overpayment if the employee has signed consent. This is a legal agreement worked out between the two of them.