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What is an interim payment on an insurance claim?

A partial payment.


What does financial claim consists of?

A financial claim consists of a legal entitlement to receive a monetary benefit or payment from another party. It typically arises from agreements, contracts, loans, or obligations where one party owes money to another. This claim can take various forms, such as accounts receivable, loans, or equity interests, and can be enforced through legal means if necessary. Ultimately, financial claims represent a key component of financial transactions and relationships between individuals or entities.


What is the difference between performance guarantee and financial guarantee?

Performance gtee is basically guarantee a performance of your client, the employer if not satified with the performance of you client as per the agreement signed with them the employer could claim the money guaranteed from the bank. The financial gtee is basically when the bank guarantees a purchase done by its client from any of its suppliers... if the banks cusotmer does not make a payment after the purchase is done within a stipulated time frame stated in the agreement the bank is bound to pay.


If you were to except an ex gratia payment can you still claim benefits?

If I except an ex gratia payment can I still make a claim in Irish law


Is the creditor's financial claim minus the owner's financial claim to item of property always equals the total cost of the equity?

Yes


How long does it take to receive unemployment payment after filing a claim?

The time it takes to receive unemployment payment after filing a claim can vary, but typically it takes about 2-3 weeks.


How long have a company have to wait to claim a payment?

1 week


Can you claim ppi on your credit card if you have defaulted on payment?

fat


What is the claim on the property or income of a borrower?

financial asset


Which claim status is assigned by the payer to allow the provider to correct errors or omission on the claim and resubmit for payment consideration?

Denied


Benefits of a notary?

Having a notary at a transaction guarantees that each person is who they claim to be which cuts down on fraud and identity theft.


What happens when you file an insurance claim and how does the process work?

When you file an insurance claim, you are requesting financial compensation for a covered loss or damage. The process typically involves notifying your insurance company, providing documentation of the incident, and working with an adjuster to assess the claim. The insurance company will then review the information and determine if the claim is valid and how much compensation is owed. If approved, the insurance company will issue a payment to cover the loss or damage.