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It means when you can't pay for something , you surrender it before it is repossessed.
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∙ 13y ago
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How can you discount letter of credit?
Discounting is an archaic term which now refers to the process of forfeiting or factoring the letter of credit
If you're moving to Asia can credit card companies come after you with your unpaid debt?
When in Asia credit companies would have a difficult time collecting on an account. However, if and when you come back to the U.S. you will have problems. * In addition the creditor can file a lawsuit and if they prevail will be granted a judgment which can be executed against property belonging to the debtor that is within U.S. jurisdiction such as a bank account. The act of leaving the country under such circumstances results in the debtor automatically forfeiting their legal rights for claiming exempt property or defending the lawsuit.
Nine ways to minimize the cost of credit?
I have good news! you can do it in 6 ways! here's how:1. Choose a reward credit card with the right reward program.2. Read and understand your Credit Card Agreement.3. Maximize the use of your reward credit card.4. Know which purchases earn you the most points. 5. Choose a reward credit card with no blackout dates.6. Avoid forfeiting the rewards you earned. (see related links for further explanation of each step )----
What is the difference between an agreed judgment and default judgment and will both have equal impact on credit ratings?
There's no difference in how the judgment is entered on a credit report. An agreed judgment indicates the debtor(s) appeared in court but did not have a valid defense as to why the debt was not owed, therefore a judgment was entered against him or her. A default judgment indicates the debtor(s) did not appear in court thereby forfeiting the right to defend the suit, resulting in a default judgment being entered in favor of the plaintiff. The execution procedure of either type judgment is also the same.
How can you fix ppl credit?
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What is refuse to play in football?
I guess you mean forfeiting. A team can forfeit for different reasons. The forfeiting team is declared the loser of the game.
What is the minimum number of votes a candidate must have to avoid forfeiting his deposit?
He/She has to achieve minimum 3% of votes to avoid forfeiting his deposit.
Does forfeiting the right of way to other drivers prevent accidents?
In California, forfeiting the right of way to other drivers does not prevent accidents?
IS Forfeiting the right of way to other drivers does not prevent accidents?
True
What is suffix for forfeit?
Synonyms for forfeit:give upgive inthrow in the towelsurrenderpart withendsacrificerelinquishloserenounce
How much is the world worth?
In reality, it has no value if gaining it means forfeiting your soul. Just an opinion.
How many company using forfeiting fixed rate export finance for international trade transactions?
hi i am maulik
How can you discount letter of credit?
Discounting is an archaic term which now refers to the process of forfeiting or factoring the letter of credit
For whom are equity release schemes appropriate?
Equity release is like remortgaging your house. Many people will put up their house as collateral for obtaining a lump sum of money to use and then pay the money back or risk forfeiting ownership. Schemes would be something that tricks them into forfeiting and thus not appropriate for anyone.
Would you lose your rank and armor that you earned off line by forfeiting your credits on halo reach?
you would only lose your armor that is a higher rank then seargent.
what is the meaning of forfeiture?
The act of forfeiting; the loss of some right, privilege, estate, honor, office, or effects, by an offense, crime, breach of condition, or other act., That which is forfeited; a penalty; a fine or mulct.
How do you get bouncy hat in platform racing 3?
It can be won on any level. It shows up as a random level prize. Of course, you have a higher chance of items appearing if you have a recent history of long games and not forfeiting.
