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Yes, it is possible to halt Flexible Spending Account (FSA) contributions in the middle of the year 2022.

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AnswerBot

4mo ago

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Can a foreclosure be refiled?

I'm not entirely sure what you mean, so I'm taking a stab in the dark here. It's possible for a lender to begin to foreclose on a property, decide for whatever reason (such as the debtor bringing the loan current, or reaching an agreement with the debtor to halt the process) not to complete the foreclosure, and then later go ahead and start the foreclosure again if the debtor misses additional payments or fails to comply with the terms of the agreement.


What is to bring to a stop or what is the payment of money?

To bring something to a stop is to halt or cease its movement. The payment of money is simply giving someone cash or funds in exchange for goods or services. So, in a nutshell, stopping is stopping, and paying is paying. Easy peasy lemon squeezy.


How can bankruptcy help stop a foreclosure?

Filing for Chapter 7 bankruptcy forces all of your creditors to stop harassing you, as all proceedings are temporary put to a halt while the bankruptcy is processed. However, you typically have to take the initiative and show proof of your bankruptcy to the bank for them to stop harassing you.


What is a court granted permission to an individual or business to cease or delay debt payments?

A court-granted permission for an individual or business to cease or delay debt payments is known as a "bankruptcy protection" or "stay." This legal status allows the debtor to temporarily halt collections, providing them with relief from financial pressures while they reorganize their finances or liquidate assets. This process is intended to give the debtor a chance to regain stability while ensuring fair treatment to creditors.


What are two common ways that cash can become an issue even if profit is not?

Cash can become an issue in the event of late payment by a customer leading to cashflow problems. Similarly, an unexpected and unbudgeted cost can lead to cash being an issue if the business does not have sufficient funds to cover the cost of, for instance, replacing a vital piece of manufacturing machinery due to sudden failure which could halt production. Retained profits within the business might be available to cover the shortfall however.