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What is the statute of limitations on a credit card debt in the Philippines after being charged off and sold to a third party?
In the Philippines, the statute of limitations for credit card debt is typically 10 years, as it falls under the provisions for written contracts. This period begins from the date of default or the last payment made. If the debt has been charged off and sold to a third party, the same 10-year limitation applies, starting from the original debtor's last transaction or payment. However, it's advisable to seek legal advice for specific cases, as nuances may vary.
What happens when your taxable income falls in the lowest tax bracket?
It means that you will owe no income tax.
When there is an increase in the wages the banking industry offers accountants. What happens to the supply of accountants available to other industries?
the supply to other industries falls.
When a credit memo is required who is responsible for preparing the credit memo?
The responsibility for preparing a credit memo typically falls on the accounts receivable department or the finance team within an organization. This team usually generates the credit memo in response to returns, billing errors, or customer disputes. However, the initial request for a credit memo may come from sales representatives or customer service personnel when they identify a need for one. Ultimately, it is important for the process to be coordinated and documented properly to ensure accurate financial records.
Who is responsible for preparing credit memo?
The responsibility for preparing a credit memo typically falls to the accounts receivable department or the finance team within an organization. This process may involve input from sales or customer service departments, especially if the credit memo is issued due to returns, billing errors, or customer disputes. Ultimately, the authority to approve and issue the credit memo may rest with a manager or supervisor to ensure accuracy and compliance with company policies.
What day will you get paid if your ssi pay date falls on a Sunday?
If your SSI payment date falls on a Sunday, you will typically receive your payment the Friday before. The Social Security Administration adjusts payment dates to ensure beneficiaries receive their funds on a weekday. Therefore, if the scheduled payment date is a Sunday, it moves to the preceding Friday.
When due date of TDS payment falls on Sunday can you make payment on next day?
Kindly le Let me know if tds due date falls on sunday,can it be paid next day Kavita
What happens if a holiday falls on a Sunday?
If a holiday falls on a Sunday, it is typically observed on the following Monday as a substitute day off.
What happens if your taxable income falls in the lowest tax bracket?
you are not eligible for the earn income credit
What happens when Christmas falls on a Sunday for Catholics?
When Christmas falls on a Sunday for Catholics, it is celebrated as a special feast day known as the Solemnity of the Nativity of the Lord. This means that the usual Sunday Mass obligation is fulfilled by attending a Christmas Mass, and the liturgical celebrations for Christmas are given precedence over the usual Sunday liturgy.
When is a holiday observed if it falls on a Sunday?
If a holiday falls on a Sunday, it is typically observed on the following Monday.
How often does palm Sunday come on the first of any month?
That only happens when Easter falls on April 8, which happens on average once every 35½ years.
When is Christmas observed since it falls on a Sunday?
When Christmas falls on a Sunday, it is typically observed on the following Monday.
What happens when i pay my credit card when it says cr after the amount?
When your credit card statement shows a "CR" after the amount, it indicates a credit balance on your account. This means you have overpaid your credit card, and the excess amount will either be applied to future purchases or can be refunded to you upon request. Paying your credit card with a credit balance will not incur any additional charges, and you may not need to make a payment for future billings until the balance is used up or falls below a certain threshold.
How much can my credit score go up once chapter 7 bankruptcy falls off my credit report?
Once Chapter 7 bankruptcy falls off your credit report, your credit score can potentially increase significantly, often by 50 to 100 points, depending on your overall credit profile and payment history. The exact increase varies based on factors like existing credit accounts and their payment status. Additionally, as time passes and you demonstrate responsible credit behavior, your score may continue to improve. Maintaining low credit utilization and making timely payments on any new accounts will further aid in rebuilding your credit.
Do you get Monday off if a holiday falls on a Sunday?
Typically, if a holiday falls on a Sunday, the following Monday is not considered a day off.
Is Monday a holiday if Christmas falls on a Sunday?
Yes, if Christmas falls on a Sunday, the following Monday is typically observed as a holiday.
