When final payment is written on a check, it means in the debtor's eyes, this is the final payment. Other than that, it is not a legally binding statement and they may still owe money and money can be collected from them.
If the payment is late or not in full, then yes. If the payment is on time and in full, then no.
It's called minimum payment for a reason.. and that reason is that you don't have to pay you're full balance.. but you have to pay the minimum payment. NOTHING LESS
Balloon Payment
Balloon payment
When final payment is written on a check, it means in the debtor's eyes, this is the final payment. Other than that, it is not a legally binding statement and they may still owe money and money can be collected from them.
It means to make a partial of full payment without specifying an specific reason or invoice for the payment.
They signed the release expecting final payment. It may have had to be done for them to receive payment, as a bookkeeping measure. In all honesty, they should be paid the full amount whether they signed their rights away or not.
it means full release
If the payment is late or not in full, then yes. If the payment is on time and in full, then no.
Final Payment - 2012 was released on: USA: 12 August 2012 (Festival)
Means it should be paid in full withen 30 days.
It's called minimum payment for a reason.. and that reason is that you don't have to pay you're full balance.. but you have to pay the minimum payment. NOTHING LESS
full payment one time
Means it should be paid in full withen 30 days.
Balloon Payment
Balloon payment