Three main monthly expenses to keep track of:
Rent
Food budget
Cable bill
You'll receive a notice if you fail to make payment, and they will come pick up your car. If what you owe is more than the car is worth, you will owe the difference.
Yes, a creditor/collector has no legal obligation to accept payment for anything other than the agreed upon amount. The same premise applies to making less than the minimum payment on credit accounts as well, such action would render the agreement null and void and the creditor can legally demand payment in full.
The rent for a rental property should ideally be at least 1.2 to 1.3 times higher than the mortgage payment to cover expenses and generate profit for the property owner.
When final payment is written on a check, it means in the debtor's eyes, this is the final payment. Other than that, it is not a legally binding statement and they may still owe money and money can be collected from them.
No, you are not required to issue a 1099 for a payment that is less than 600.
The living expenses varies between persons. Typically some other living expenses other than rent and food are electricity, gas and water and sewer expenses.
You have to make a single payment to get the game; but, other than that, no.
A payment other than wages or salaries
The word for a payment, other than wages or salary, is compensation. Compensation for work or services rendered can be in various different forms.
estimated expenses are expenses that are not actual or real. it may be more than or less than the ctual expenses
No, if anything other than air, it should be nitrogen.
You'll receive a notice if you fail to make payment, and they will come pick up your car. If what you owe is more than the car is worth, you will owe the difference.
expenses on an accrual basis are greater than expenses on a cash basis
Fringe benifit
My expenses are more than my income; meaning that I spend more than I bring in.
No
Yes, a creditor/collector has no legal obligation to accept payment for anything other than the agreed upon amount. The same premise applies to making less than the minimum payment on credit accounts as well, such action would render the agreement null and void and the creditor can legally demand payment in full.