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I really don't understand what you can possibly not understand about the term.
To arrange to pay less than you owe, by agreement. A Negotiation. Probably something like you will pay this X amount now, they will accept it as payment in full. Or you would pay nothing (or less than X) and they can hope to get the rest another way. Which is a compromise.
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∙ 16y ago
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What compromise led the acceptance of hamilton's plan of reducing the national debt?
The Compromise of 1790 led to the acceptance of Alexander Hamilton's plan for reducing the national debt. This compromise was the first big compromise reached by the new government in America.
How do you discharge a civil judgment?
The same way you discharge any debt in a bankruptcy. Unless it involves fraud of the kind that is not dischargeable., or is for a debt that is not dischargeable.
How do you settle debt with credit card?
Debt CAN be settled with credit card debt and other unsecured debts. Negotiating a settlement is between you and your creditor and settlements have happened for millions of people and helped them get out of debt.
Are all debts automatically discharge in chapter 7 bankruptcy for a bankruptcy that occurred in 1988?
If a debt was listed on a Bankruptcy that you filed and the Bankruptcy went through then that debt is permanently discharged with a Chapter 7.
Can you discharge your car in bankruptcy?
You can't discharge a car or any other asset. You can only discharge a debt (money owed).
What compromise led to acceptance of Hamiltons plan for reducing the national debt?
The Compromise of 1790 led to the acceptance of Alexander Hamilton's plan for reducing the national debt. This compromise was the first big compromise reached by the new government in America.
How much do debt collectors pay for debt?
The income of a debt collector depends on the contract he os she has with the company they work for. Xpress Page worked with a company in the past that paid 50% of the debt collected, that is not too common. But if you are interested in debt collections, check with xpress page. google Xpresspage
How can you clear my debts?
Debt settlement is highly successful and gets you out of debt quicker than any other method (12 - 36 months on average). Debt settlement is the process of negotiating with your creditors/debt collectors for a lower, agreed upon, amount to get you out of debt faster.
What activities can people do to get rid of third world dept?
Some activities to help address third world debt include debt relief programs, negotiating debt restructuring agreements with creditors, promoting economic growth and development through investments, and enhancing financial transparency and accountability. Additionally, initiatives to promote fair trade and reduce dependency on debt can also help prevent the recurrence of debt crises.
Which institutions offer debt negotiation programs in Toronto?
In Toronto there are a few companies that will offer debt negotiation programs. The main ones are the David Sklar company and Credit Canada. Both can offer help with the debt negotiating.
What does discharge of a debt mean when it is not associated with bankruptcy does it mean the debtor is fullt released from the obligation to repay the debt?
Yes, if a debt is discharged the debtor no longer has to pay.
Where can one find information on credit card debt negotiating?
The best bet would be to call your local bank branch. They will have tons of information regarding credit card debt, and how they can help you get out of it.
