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What else can I help you with?
What do firms owe their creditors?
Firms will owe their creditors a debt and usually some type of interest.
How long before creditors do a charge off?
usually a chare off happens after 7 years
Why do liquidation usually result in losses for the creditors or the owners or both?
Creditors and owners lose when it comes to liquidation because the seller is trying to get rid of the items quickly. Since they have to sell quickly, they are generally do so at a discount.
Can a creditor get a judgment and freeze your bank account in South Carolina?
A creditor can get a judgment and freeze your bank account in South Carolina, but typically creditors only do this if you owe them a very large amount of money. The cost to do this usually means it's not worthwhile for creditors to pursue this type of action.
Can you negotiate a credit card settlemnt?
It's certainly worth a try. Many collection agencies are open for negotiation, but usually on their terms. Original creditors will not negotiate!
What do firms owe their creditors?
Firms will owe their creditors a debt and usually some type of interest.
What is the Difference between account payable and sundry creditors?
Accounts payable are usually the suppliers to a company who are providing credit terms on purchases. Sundry creditors are any other creditors which dont fall into the usual categories on the balance sheet.
Describe the stockholders liability to creditors of a corporation?
A corporation's creditors usually do not be past the assets of the corporation to satisfy their claims. The most a stockholder can lose financially is the amount he or she invested.
How long before creditors do a charge off?
usually a chare off happens after 7 years
Is a guy interested if he pulls you aside to talk alone?
Yes, that usually means he is interested
Can you postpone a meeting of creditors?
Yes, you can postpone a meeting of the creditors. Usually, you need to have a good reason, such as sickness or your car broke down. A judge will only give you so many chances to attend.
How does online credit debt help program work?
Online credit debt help usually works by calling your creditors and negotiating with them for lower interest rates and balance due. They usually charge a fee that they receive from you or the creditors to be a middleman in this process. Most of these things you can do yourself.
Guy teases you?
Usually means they are interested in you
Why do liquidation usually result in losses for the creditors or the owners or both?
Creditors and owners lose when it comes to liquidation because the seller is trying to get rid of the items quickly. Since they have to sell quickly, they are generally do so at a discount.
In the state of New Mexico when will discharge letter be sent out after meeting of the creditors?
In every state you become eligible for discharge 60 days after the first-scheduled meeting of creditors. It is usually mailed out around the 60th or 61st day after the meeting.
Difference between trade creditors and other creditors?
A trade creditor is usually someone who supplies you with core products. For example if you are a builder then your trade creditors supply your building materials, fuel for you truck, tools, etc. A sundry creditor is the company that supplies other items like the water cooler in the office, or the company that sold you the window blinds.
Can a creditor get a judgment and freeze your bank account in South Carolina?
A creditor can get a judgment and freeze your bank account in South Carolina, but typically creditors only do this if you owe them a very large amount of money. The cost to do this usually means it's not worthwhile for creditors to pursue this type of action.
