Search results for keyword: repayment
Obligation to pay
Payment Obligation
Payment obligation is a type of contract wherein one entity is obligated to pay financial compensation or otherwise render services in exchange for goods or services provided by another. Payment obligations are legally binding and failure to abide by a payment obligation can le......
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debt settlement receiver
Debt Settlement Receipt
When an individual or a business owes debts to external creditors or entities, debt settlement is the process of negotiating with creditors to reduce the total amount of debt owed and agree on a payment structure that fits within the debtors budget. A debt settlement recei......
bankruptcy
Bankruptcy
When most people think of bankruptcy, they think of it as a negative thing. Indeed, bankruptcy is a difficult and challenging process. However, it is also an important legal tool to help people get out of debt and get a fresh start. This article explains how bankruptcy works and the be......
insolvent
Throughout the course of history, individuals and businesses have been in situations where they are unable to pay their debts for a variety of reasons. One of the most common ways for an individual or business that is unable to pay debts is to enter into an agreement with the creditor in which pay......
bankruptcy protection
Bankruptcy Protection
Bankruptcy is a legal route taken by people, corporations and countries when they are unable to repay their outstanding debts. It is a complex process, which requires the assistance of a lawyer to navigate, and it can be a stressful experience. However, its important to reme......
Uniform Rules for Collections
Unified Rules for Collection
Collection is a common way of paying for goods or services in the modern world. It is a process where a seller requests a buyer to clear their outstanding debt. When the buyer does not make a payment, the seller can lodge a claim for collection. This article will disc......
"People's Republic of China Taiwan Compatriots Investment Protection Law"
The Peoples Republic of Chinas Law for the Protection of Investments from Taiwan Compatriots
The protection of investments from Taiwan compatriots is critical to China’s economic and social development. As such, the Peoples Republic of China enacted the Law for the Protection of Investments from......
Off-balance sheet financing
Table Financing
Table financing, also known as capital table financing, is an innovative financing option that provides users with a funding solution that is more accessible and flexible than traditional bank loans. Table financing tends to be more accessible than traditional financing because it......
equal principal repayment
Equal Principal repayment
Equal Principal repayment (EPR) is a loan repayment plan designed to evenly distribute the repayment of a loan over its entire term. As opposed to other loan repayment options, such as the “principal and interest” repayment plan, EPR repays the principal, a portion of t......
Mortgage
Mortgage
A mortgage is a loan that is used to purchase a property and is secured by that property. A mortgage typically requires repayment at regular intervals over a period of years, and in the event of default, the lender may have the right to repossess the property.
The terms mortgage and mort......
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