What term describes any kind of money a creditor must accept by law for payment of a monetary debt?

1 Answer

Answer :

A judgment is a court order issued by the court stating that thecreditor has won the lawsuit and is entitled to a certain amount ofmoney.

Related questions

Description : When making payments on a debt, is it legal to request of the creditor that payments be applied to the principal only?

Last Answer : answer:The contract should state whether you can pay extra payments toward principal or not, or if a pre-payment penalty will be incurred. Most reputable companies will let you pay toward the principal, ... that is where they make their money. The principal is what they risked, not what they gain.

Description : Do debt settlement attorneys help with creditor lawsuits?

Last Answer : That will vary depending on the debt settlement attorney. Some will assist you if you are sued. Others state in their contract that if you are sued that they cannot and will not assist you ... best to ask that question before signing up for debt settlement. russian speaking lawyer in omaha, Nebraska

Description : The first item in order of payment to be made by liquidator is A. Liquidation expenses B. Secured creditor C. Preferential creditor D. Preference shareholder

Last Answer : A. Liquidation expenses

Description : In monetary terminology, what is called the 'monetary base' or 'high powered money'? a) the total assets of RBI b) the total liability of RBI c) the total debt of the government d) the total foreign exchange of RBI

Last Answer : b) the total liability of RBI This includes the currency (notes and coins in circulation and vault cash of commercial banks) along with the deposits held by the Government of India ad commercial banks with RBI.

Description : A minor was facing a criminal prosecution for smuggling drugs. He borrowed Rs. 5000 to hire an advocate to defend him in the court of law. What is the remedy available to the creditor if the ... the age of majority D. The creditor can recover his amount from the parent or guardian of the minor

Last Answer : A. The creditor cannot recover the amount from the minor since a contract with a minor is void ab initio

Description : If medicaid denies my mother coverage, will any nursing homes accept her social security check and pensions as payment only for long term care in nyc?

Last Answer : There are no nursing homes that will accept social security checks without medicaid coverage in the New York area.

Description : A person who owes money to the business is called 1. creditor 2. proprietor 3. debtor 4. both 1 and 2 5. None of these

Last Answer : debtor

Description : The proprietor of the business is treated as creditor for the capital introduced by him due to_____ concept. a) Money measurement b) Cost c) Entity d) Dual aspect

Last Answer : c) Entity

Description : You find yourself totally out of debt, no rent, no house payment, no car payment, no loans what so ever, what would it take for you to go back into debt?

Last Answer : If my children really needed help.

Description : What can a country in debt sell or trade example a (territory) as payment?

Last Answer : Napoleon sold the Louisiana Territory to the US to finance his wars. Russia sold the US the area that is now the states of Washington and Oregon. Pissed you guys off to no end. Plenty of precedents for this.

Description : Which debt payment plan would you choose/suggest?

Last Answer : I think you can figure it out. After raising my family I was in a good bit of debt and I consolidated it with a credit line then moved it to a zero interest credit card for 12 months ... got out of debt. Just be careful about opening and closing credit card accounts-it affects your credit score.

Description : What is a good program for handling complex financial/debt/payment equations?

Last Answer : answer:This seems like a really good program and you can download a fully functional demo from their site to see if you like it http://www.cognito.co.nz/ You might want to check this out too. (unless your on a PC then nm) http://www.jumsoft.com/money/

Description : Jocelyn takes home 2600 per month from her job as a paralegal if you’re only debt obligation or a car loan payment of 480 and a credit card payment of 80 every month is she in danger of credit overload?

Last Answer : Yes, because the sum of $480 and $80 is greater than $520.2600x20%= 520

Last Answer : Currently Japan Bangladesh Most More Debt Payment By

Description : The bailment of goods as security for payment of a debt is called:

Last Answer : Pledge

Description : The annual payment of Rs. 200 in 5 yr at 5% per annum simple interest will discharge a debt of? (a) Rs. 950 (b) Rs. 800 (c) Rs. 1000 (d) Rs. 1250 (e) None of the above

Last Answer : e) None of the above

Description : The contractor provides the financing and is paid an agreed fraction of actual savings  achieved. This payment is used to pay down the debt costs of equipment and/or services.  ... contract b) extended technical guarantee/service c) performance Contract d) shared savings performance contrac

Last Answer : d) shared savings performance contrac

Description : The Bailment of goods as security for payment of a debt or performance of a promise is called: A. Pledge B. Bailment C. Contingent contract D. Agreement

Last Answer : A. Pledge

Description : The bailment of goods as security for payment of a debt or performance of a promise a) Pledge b) Lien c) Agency d) Bailment

Last Answer : a) Pledge

Description : In general, deficit financing can create inflation, but it can be checked if. A) Government expenditure increases the aggregate supply in the aggregate demand ratio B) All the investment is indicated as payment on national debt only C) Only aggregate demand is increased D) All of the above

Last Answer : Answer: D

Description : What form of payment should I accept while selling my car on Craigslist?

Last Answer : answer:Cash only – public place – witnesses. Cashiers checks can be forged.

Description : Shiva has placed two radio button on a payment form designed in NetBeans to accept mode of payment one out of cash or card. -Technology

Last Answer : Shiva has forgot to attach both the radio buttons to one button group to make them mutually exclusive.

Description : Shiva has placed two radio button on a payment form designed in NetBeans to accept mode of payment one out of cash or card. To his surprise, -Technology

Last Answer : Shiva has forgot to attach both the radio buttons to one button group to make them mutually exclusive.

Description : What payment methods does Domino's accept?

Last Answer : Need answer

Description : I've broken a partial (three teeth together) and I don't have insurance. Will anyone accept a payment plan?

Last Answer : Any dentist will accept a payment plan in exchange in services, you will have to talk to the finance department for available payments and other options.

Description : Do auto body shops accept payment plans?

Last Answer : No. Unfortunately most auto body repair shops do not accept payment plans and expect payment in full at the time of service. If you have been a loyal customer to a certain body shop, they may work out ... auto body repair shops accept credit cards, which may be an option, if you are short on cash.

Description : Payment banks can accept a restricted deposit which is currently limited to _______ per customer account. A. Rs.1 lakh B. Rs.3 lakh C. Rs.2 lakh D. Rs.5 lakh E. None of the Above

Last Answer : A. Rs.1 lakh Explanation: Payment banks can accept a restricted deposit which is currently limited to Rs. 1 lakh per customer account.

Description : SHCIL will accept Stamp Duty Payment in ______ only A. US$ B. Euro C. INR D. None of the Above E. All of the Above

Last Answer : C. INR Explanation: SHCIL will accept Stamp Duty Payment in Indian Rupees (INR) only.

Description : What Methods Of Payment Do You Accept?

Last Answer : Bearing Service accepts cash, VISA, MasterCard, American Express, Discover, Diners Club and company purchase orders on open accounts, subject to credit approval.

Description : An Expected Monetary Value (EMV) of $100000 on a potential project event in the  project means which of the following? Select one: a. A number that can be ignored b. An opportunity that ... Actual investment returns on the event e. A threat that must be considered to minimize the project risk

Last Answer : b. An opportunity that must be explored

Description : With regard to the WTO, subsidies are covered in two separate international economic law agreements. Which are they? A. The GATT and the Agreement on Subsidies and Countervailing Measures B. ... D. The International Monetary Fund's Articles of Agreement and the European Central Bank's Statute.

Last Answer : A. The GATT and the Agreement on Subsidies and Countervailing Measures

Description : If you have a judgement, and it's paid off, do you file the release or does the creditor?

Last Answer : When I was interning with probation and we converted their fees to a civil judgment, they had to take proof that it was paid to the courthouse in order for it to be removed. This may vary by jurisdiction, so I’d call and ask.

Description : What can I do to make this creditor to stop calling me?

Last Answer : answer:Is there no stalking or protection from harassment legislation you could use to make them stop? Here in the UK, I would first write a polite letter explaining why I thought I wasn't liable. If they persisted ... Act. If they have a case and you do owe them money, it's probably best to pay up.

Description : Ability to repay credit: Consumer and Creditor responsibilities?

Last Answer : I think it’s the consumers job to know what they can afford. It’s pretty simple math.

Description : Why did the US become international creditor from international debtor? -SST 10th

Last Answer : . World War I led to the snapping of economic links between some of the world's largest economic powers which were now fighting each other to pay for them. . Britain borrowed large sums of ... So, the US and its citizens owned more overseas assets than foreign governments and citizens owned in US.

Description : Can a creditor take IRS refund?

Last Answer : Need answer

Description : Creditor, Objection to Debtor Offset?

Last Answer : Creditor, Objection to Debtor Offset(Download)Date:Name of Debtor (Person Owing Debt)Address:Dear Sir or Madam:We acknowledge receipt of your check tendered in the amount of $_________, which we accept as ... , comment, or other written item on the face of a check objecting to the charges and stati

Description : If I am a creditor (landlord)what does Chapter 13 bankruptcy mean for me I am listed in the creditors by a lady that rents a house from me. Thank you.?

Last Answer : Usually it means that you can't sue your tenant in regular court, you have to go thru the bankruptcy court. It really shouldn't mean much for you, tho, your tenant will need to keep paying rent, or move out.

Description : if you have more than one job, can a creditor granish both places of employement?

Last Answer : As long as your employer is reporting you wages to the goverment they can garnish them.

Description : How soon can the creditor garnish the debtors wages after the judgement has been made in court?

Last Answer : within 90 days

Description : will I be notified before a levy from a creditor (not tax related)can actually levy my bank account?

Last Answer : a creditor with a judgment found my bank account and took the money out and i got a notice of it the same day in the mail. too late my account was zero. it was my social security payment which is illegal.

Description : Which is an interest-free period that is to be given by a creditor to debtor? A. Fixed Period B. Preset Period C. Grace Period D. None of the Above

Last Answer : C. Grace Period Explanation: The grace period is the provision in most loan and insurance contracts which allows payment to be received for a certain period of time after the actual due date. During ... will be charged, and the late payment will not result in default or cancellation of the loan.

Description : Any sum due to an employee out of provident fund is an example of : a) Unsecured creditors b) Preferential creditors c) Secured creditors d) Partly secured creditor

Last Answer : b) Preferential creditors

Description : A contributory is a a) Unsecured creditor b) Shareholder c) Preferential creditor

Last Answer : b) Shareholder

Description : Preference dividend in arears on the date of winding up is a) Treated as Secured creditor b) Treated as Preferential creditor c) Treated as Over – riding preferential creditor d) Added to Preference Share Capital

Last Answer : d) Added to Preference Share Capital

Description : Liability for compensation under Workmen’s Compensation Act is treated a) Secured creditor b) Preferential creditor c) Over – riding preferential creditor d) Unsecured creditor

Last Answer : Over – riding preferential creditor

Description : Amount of calls in advance is treated as a) Secured creditor b) Preferential creditor c) Asset not specifically pledged d) Unsecured creditor

Last Answer : b) Preferential creditor

Description : Following is treated as over – riding preferential creditor a) Retirement benefits of employees b) Retirement benefits of workers c) Salary due to employees exceeding Rs. 20,000 d) Remuneration to investigator

Last Answer : c) Salary due to employees exceeding Rs. 20,000