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Is it legal for an agency to require payment for another person's debt before issuing a letter?
Wiki User
∙ 8y ago
Who is the other person? Unless it is your debt or your are the spouse of a debtor and have joint debt or community property debt this doesn't make sense. Although collection agency seldom know what they are doing, legal or otherwise. They do not need to notify you in writing before they call. But you definitely have the right to be informed of the debt. Who the creditor is, who the debtor is, what the amount is, and so on. In writing within thirty days of your request for the information. This sounds like some sort of "scam artistry" to make some one who isn't responsible pay the debt.
Wiki User
∙ 8y ago
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Why do we often require a sort of payment when it comes to issuing forgiveness to those who deeply hurt us?
There is no payment in regards to forgiveness. Forgiveness is simply letting go, forgiveness sets you and the person that wronged you free.
Which describes installment loans?
They usually require a down payment.
Do mods in spore require a payment?
no
What do open-end funds require?
Open-end funds require the issuing company to redeem the shares upon request by the security holder
What difference between LC by negotiation and LC by payment?
Without going into too much detail, Negotiation is the act of the Nominated bank in effecting payment to the beneficiary (in advance of its own receipt of funds from the issuing bank) of the value of the presentation, less an amount of deduction by reason of the time element between the early payment date and the expected date of receipt of funds from the issuing bank. An LC available by negotiation should not allow for immediate reimbursement (e.g authority to debit issuing bank's account, or claiming reimbursement from third party), and would require the nominated negotiating bank to first pay (or commit to pay at a future date) from its own funds and receive reimbursement only after the issuing bank has received the documents and have found them to be in order. In the event that it has commited to pay at a future date, to constitute an act of negotiation, such date must be earlier than the expected date of reimbursement from the issuing bank On the other hand, under an LC available by Payment, the nominated bank does not advance its own funds, but pays only after it is in a position to either debit the issuing bank's account in its books, or has received reimbursement by claiming on a nominated reimbursing bank.
What type of purchases require a down payment?
Several purchases require a down payment. Some examples are houses, cars and boats. The amount of the down payment is negotiated between the buyer and the seller of the purchase.
What document should you receive before you pay an invoice?
Once an invoice is received, that invoice is the only document needed to justify payment to the supplier or creditor issuing the invoice. Some organizations require additional documentation (generally known as approval summaries) depending on the amount to be paid for the invoice.
What are some games that don't require payment?
Addicting Games.
Describes installment loans?
They usually require a down payment.
If you adopt a dog do you have to pay for it?
Yes.Fostering a dog, however, does not require you a payment.
Is the drawee banker require the acceptance of applicant for payment of sight LC?
no
What describes an installment loan?
Installment loans require monthly payments to pay the loan.
