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Creditors typically stop sending statements when an account is closed, either by the account holder or due to inactivity or default. Additionally, if an account goes into collections and is transferred to a debt collection agency, the original creditor may cease sending statements. It's also common for creditors to stop statements if the debt is settled or paid off. Always check with the creditor for specific policies related to your account.

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3mo ago

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How do you stop creditors from sending you bills to debts that were already disputed and deleted from your credit report?

letter of clairity


How would you briefly describe the users of financial statements?

Users of financial statements include a variety of stakeholders such as investors, creditors, management, regulators, and analysts. Investors and creditors rely on these statements to assess the financial health and performance of a company, helping them make informed decisions about buying, holding, or lending money. Management uses financial statements to evaluate the company's operations and to strategize for future growth. Regulators and analysts may examine these documents to ensure compliance with accounting standards and to provide insights into market trends.


Examples of creditors ledger and a creditors journal?

creditors journal


What is meant by the concept of neutrality in accounting?

financial statements are not prepared in a way to favor groups of users (managements, owners, creditors ect) over other groups. the information is prepared to be helpful to all


Can creditor ask for bank statements?

Yes, creditors can request bank statements, especially if you are applying for a loan or a line of credit. They may do this to assess your financial stability and ability to repay the debt. Additionally, in certain legal situations, such as bankruptcy or debt collection, a creditor may have the right to obtain your bank statements as part of the process. Always ensure you understand your rights and obligations regarding such requests.

Related Questions

How do you stop creditors from sending you bills to debts that were already disputed and deleted from your credit report?

letter of clairity


How did railroad agents try and stop farmers from organizing?

By sending spies


How did railroad agents try and stop farmers and organizing?

By sending spies to farmers' meetings who then added unreasonable statements to resolutions and spoke in favor of the railroads


When do creditors stop sending the repo man?

Until you satisfy the debt you owe against the collateral. As long as you own the collateral and don't pay, they'll continue to attempt to repossess it.


Importance of financial statements for creditors?

Importance of Financial statements are declarations of information in financial terms about an enterprise that are believed to be fair and accurate. They describe certain attributes of the enterprise that are important for decision makers, particularly investors (owners) and creditors.


What steps should be taken when sending a defamation cease and desist letter to address false statements made about someone?

When sending a defamation cease and desist letter to address false statements made about someone, the following steps should be taken: Clearly identify the false statements that have been made. Provide evidence to support the claim that the statements are false. Demand that the individual stop making the false statements immediately. Threaten legal action if the false statements continue. Send the letter via certified mail to ensure proof of delivery. It is recommended to seek legal advice before sending the letter to ensure that it is drafted correctly and effectively addresses the situation.


How do I get Palm Research to stop sending me email?

Just say stop sending me emails!


How might creditors use this information that contained in financial statements?

To improve the company's performance in other to maximize shareholders wealth


When do you stop paying your creditors once you have retained a bankruptcy attorney?

The debtor should cease payment of creditors when they decide they are going to file for bankruptcy.


How do you get rid of messages from 84040?

I'm not sure what you mean by that. Do you mean theer sending you a text message if so try sending Stop to the number that should stop them sending messages to you.


At t will stop sending bill you don't owe?

If you believe you are receiving bills from AT&T that you do not owe, you should contact their customer service directly to dispute the charges. Be prepared to provide any relevant account information and documentation to support your claim. Once they verify that the charges are incorrect, they should stop sending you those bills. Additionally, ensure that you monitor your account statements to catch any further discrepancies.


How do you stop Justin Biebers Mobile Club?

you text "stop" to the number and it will stop sending you notifications