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What does date claim was incurred and consideration for claim mean?
Wiki User
∙ 15y ago
"Date claim incurred" = the date you took out a loan; for credit cards, the date you opened the account AND the date you last used the card; for utility bills, the date of the statement is usually sufficient.
"Consideration for claim" = what you got in exchange for the money loaned. For credit cards, usually "misc. purchases" is sufficient. "Gas and other automotive products" for a gas card. Car loans: what you bought as a car. And so on.
Wiki User
∙ 15y ago
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What does claim date mean?
It means the date on which the event (fire/accident/whatever) actually occurred.
What does Claims turnaround time mean?
A customer submits their claim form with estimates, photos, invoices etc. on a certain date. After processing, at a later date the claim is settled. The time difference between receiving and settling the claim is the turnaround time.
What does incurred actuals mean?
Incurred Actual normally refers to costs or expenses and their actual value i.e. Incurred actual could be the actual cost of a licence to trade.
What does particulars of how and when debt incurred mean?
it means nothing
On a bankruptcy filing form what does it mean when it asks schedule F creditors holding unsecured nonpriority claims and asks for the date claim was incurred and consideration for claim?
Creditors are either secured or unsecured. Secured creditors such as the mortgage on your house or you car loan go on Schedule D. Unsecured creditors (creditor without liens or collateral) are either priority or nonpriority. The only creditors who are classified as priority go on Schedule E and Schedule E contains a list of the categories. Every other creditor (general unsecured creditors) goes on schedule F. The most common example of unsecured nonpriority creditors are credit cards and medical bills. You basically need to give a general description of what you bought and when you bought it. You don't need exact dates.
What does accrued income mean?
Accrued Income is an income already incurred but no payment is received yet.
What does it mean when the insurance company makes full payment minus patient deductible?
Patient deductible means the expenses incurred by the patient party are inadmissble as per policy and hence deducted from the total claim amount at the time of settlement of claim. These may include room rent over and above the admissible rent, service tax, aya charges,refreshment to patients' attendants etc.
What is a alternate claim mean?
A different claim proposing another hypothesis
What does revenues is not accrued mean?
Accrued revenue refers to revenue that has been incurred (earned) but not yet received.
What does VA mean on your gold ring?
It is the value addition because of the wastage incurred in making of the gold jewellery
What does dropping your claim mean when taking about health insurance?
Printing the claim to paper
What does your claim has been processed mean?
It means they have entered it into their computer system and your check is on the way.
