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The Federal Government owes 790 billion to the Federal Reserve Bank. The Federal Reserve Bank is Privately owned. See the question See the YouTube Link below. Federal means government--so the debt will be paid to them. It will just depend on which area of the government--student loans, IRS etc.
What else can I help you with?
Is a home mortgage debt considered a federal debt?
No. A federal debt is a debt that is owned to the federal government. A home mortgage is a debt that is owed to the lending agency, be it a bank, a mortgage company, etc.
What happens to a lien placed on a property and that person who is owed the money dies?
The debt is owed to their estate.The debt is owed to their estate.The debt is owed to their estate.The debt is owed to their estate.
What are people called have a debt owed to them?
A creditor is someone who has a debt owed to them. The one who owes the debt is the debtor.
Does owner of quit deed pay mortgage if mortgagee dies?
Yes. If the mortgagee dies the debt is owed to their estate.Yes. If the mortgagee dies the debt is owed to their estate.Yes. If the mortgagee dies the debt is owed to their estate.Yes. If the mortgagee dies the debt is owed to their estate.
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 type of debt does the US have and who is it owed to?
The majority of US debt is actually owed to US citizens.
Can a family member buy the house that is in a reverse mortgage?
Only if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgage
Who is world debt all owed to?
The debt depends on what country. Ultimately any national debt is owed to the central banking. Private banks.
Can monies owed to the state of Maryland but not taxes be discharged in bankruptcy?
To be certain of the status of such debt you should check the state statutes if filing a state bankruptcy. If it is a Federal filing, debts owed to any state department or affiliate is only dischargeable in relation to the type of debt and when it was was incurred.
What is law in the state Maryland on unpaid school tuition to collection?
Any lawful debt memorialized by a contract is collectable via lien regardless of whom it is owed to.
Can your home be taken for debt owed?
If it is a debt against the house.
What word means somethng is owed?
debt
