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How do you do debtors and creditors on pastel?
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What is chapter 7?
Chapter 7 bankruptcy protects you from creditors and sells your non secured assets to pay the creditors that you owe. If you do not own an assets, you will not have to pay the creditors and the debt will be forgiven.
What is Creditors Collection Period?
The creditors' payment period is an activity ratio. It measures the average amount of days the business takes to pay its creditors i.e. suppliers. The more days available to pay the better.
When can the creditors repossess your vehicle?
When you don't pay for it.
What happens to the decedent's debts if there is no money only the home?
Generally, the home must be sold to pay the creditors. If the heirs want to keep the home then they must pay off the creditors.
What if I am disabled and can't pay my creditors?
what is the orgin of dark horse
What made it easier for debtors to pay their creditors?
Paper money.
Do you have to pay creditors after you refinanced your mortgage chapter 7?
yes
liquidators has rs.: 2,10,000 to pay to creditors. he is entitled to get 5% remuneration on the amount paid to creditors. in such a situation liquidators remuneration will be?
1000000
Would have made it easier for debtors to pay their creditors?
Paper Money
What would've made it easier for debtors to pay their creditors?
Paper money.
What would have made it easier for debtors to pay their creditors?
Paper Money
