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If you are 34 percent member then you are only reliable for 34 percent debt?
Wiki User
∙ 14y ago
Depends on the agreement. It is possible for each member to be responsible for the whole amount.
Wiki User
∙ 14y ago
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Is an llc member liable for llc debt in Colorado?
Only if the member signed onto the debt personally.
Can a family member buy the house that is in a reverse mortgage?
Only if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgage
The amount of bad debt expense can be estimated by?
Percent of sales is only one method. The other is an analysis of the receivables, either as a percent of total receivables, or doing an aging analysis first.
What does a letter from debt collector asking for ten percent of balance mean?
It means they want 10 percent of the outstanding balance they claim you owe. For example, if the balance is $800, they want only $80.
2.59 million is what percent of the us?
It is not possible to answer the question with only the information provided. Percentage of US what? Population, area, debt, GDP? The possibilities are endless!
Filed chapter 13 was released can afinance company hold cosigner reliable for debt?
No. They would only go after the co-signer if you didn't pay back the debt. Since you did file Chapter 13, which is a repayment plan, your co-signer should be free and clear.
What is the debt-equity ratio of a company with a weighted average cost of capital of 13 percent a cost of equity of 16.5 percent and a pretax cost of debt of 7 percent with a tax rate of 31 percent?
Company is leaveraged with 30% debt i.e. gearing will be 30% however only managed to form one constraint in the absence of further information. Net cost of debt = 0.07 * (1 - 0.31) = 4.83% Cost of equity = 16.5% WACC = 13% Let Ke be the equity mix and Kd the debt mix (assuming total is 1) So what mix of debt and equity should give us 13% i.e. 16.5Ke + 4.83Kd = 13 Also Ke > 0, Kd > 0 & Ke + Kd = 1 If you plug in 0.70 and 0.30 in above you will get 13
Can a creditor call you at work about a family member?
No. It is a direct violation of the fair debt collection law for the creditor to contact the place of business of a non-debtor in regards to debt owed by a relative. A creditor can only discuss the debt with the debtor, although he can contact family members once to obtain information such as the debtor's current address. Please be advised, if the family member is a cosigner in relation to the debt, he or she is a co-debtor and the creditor can contact the co-debtor at his or her place of employment until they are informed by the employee that they cannot.
Should members within a family lend each other money?
Only if you're prepared to forgive the debt with no ill will to maintain the relationship if the borrower refuses to or is unable to pay it back. In otherwords, can you afford to lose the money you are lending? Suing a family member for the debt would only cause strife in the family.
Is the national debt hotline only for Uk?
Yes. The national debt line is for the UK only.
How many percent sure does pregnancy test is?
When used as directed, after your period is late - the test is very reliable. It is looking for hCG - found only in pregnancy. A positive test is 100%.
Is solar power reliable?
Solar Energy is only reliable for daylight hours.
