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If a cheque is given in payment but is not cashed have you paid your debt.?
Wiki User
∙ 15y ago
Not necessarily ... the check may not have been cashed as it may have gotten lost. You need to check with the party to whom you sent it ... ask for written certification that they indeed received it and marked your account "paid in full".
Wiki User
∙ 15y ago
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What do you call the money given to settle a debt?
The money given to settle a debt is called a payment.
If someone writes you a check and then dies can you cash it in Florida?
no but you can go to the council and tell him what happend then wait for the answer If you know the person has died then you cannot cash a cheque. You must present the cheque to the dead persons estate for payment (making a claim of debt) or go to the issuing bank shown on the cheque and they will advise you on what to do.
Who received a Pennsylvania colony for a payment of a debt?
King Charles gave Pennsylvania to William Penn in payment of a debt.
What to do if I sent a copy of a cancelled check with final payment that had been cashed by a bank. But that bank continues to ask for more money. Isnt a check a contract and the memo section stated final payment. What do I do?
You need some proof you didn't owe more. the memo section would need to say if cahsed then debt is paid in full.
To avoid payment on a debt?
To avoid payment on a debt is referred to default. This will, in most cases, attract more charges as a form of penalty.
In Arkansas can a collection agency sue you if the original creditor accepts payment on the debt?
If the debt was sold to a collection agency and the original creditor accepted payment AFTER the debt was sold, the money does not belong to them. If, however, you paid the debt and it was mistakingly sol after that payment, the collection agency can't try to collect. If you have proof of payment, forward it to the collection agency and deman in writing that they cease trying to collect this debt.
Does a payment reset the statute of limitations on a medical debt in Tennessee?
Yes it certainly will. A payment acknowledges the debt and starts the period over again.
What if you can't afford your debt consolidation payment?
If you
What will evaluate your debt payment ratio?
capital
Can collectors make you pay?
No. Debt collectors contracted by the owner of the debt to contact the debtor for payment. In most cases they will say anything and harass you into make a payment. Depending on how their payroll works- If you do make a payment, they get a comission on the payment you make.
Should a debt collector give you a receipt each time you make a payment?
Yes. Otherwise you have no proof that any payment has been made to the debt.
What is the name given to phobia of financial debt?
What is the name given to the fear of financial debt?
