Tags » Debtor

Transfer of Liability

  • If someone is a debtor and creditor to two different people, by mutual agreement he may transfer his debt to be paid by a third person who may owe him money that covers the debt, however it has to be transferred with same condition and restrictions.

Secured Credits (Pawn)  

  • Any debt may be secured by a collateral “pawn” to be kept by the creditor if the terms of transaction could not be documented.
  • Any item may be used as collateral if it was lawfully possessed.
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Debtor version 1.5 with support for iOS 8 and the new iPhone 6 and 6 Plus is now available!

Debtor version 1.5 is now available in the App Store.

The keyboard functionality has changed in this version to use the full keyboard instead of the number pad keyboard. 91 more words


As a Debtor - I Worship

GodReflection: Power Words

Come, let us bow down in worship, let us kneel before the Lord our Maker; – Psalms 95:6

The gift was $25,000. I’ve never gotten over that specific act of generosity. 443 more words

God Reflection

Can pay, won’t pay?

People often think that taking steps to recover a debt where the debtor can pay but won’t will be costly and time consuming. But it doesn’t always have to be that way.  382 more words

Dispute Resolution

Thinking of improving your businesses finances? Here are some ways to do it!

Want to know how you can streamline your company’s invoices, effectively manage your businesses cash flow and even set long-term financial goals? Well keep reading and you’ll find out! 606 more words

Positive Collections

Debt Collection A to Z: G is for Garnishment

Garnishment is where money you owe, typically as a result of a judgment or court order, is deducted directly from wages or employment earnings. Many people learn of garnishments when they have moved on or moved away from a state/jurisdiction in which a court rendered a judgment against them and this judgment “catches up with them.” This begs the question of whether a garnishment order in one state can be enforced in another state. 103 more words

Consumer Law/Consumer Protection