"Back payments" refers to past or overdue payments that should have been made earlier but were not. It means catching up on payments that were missed or delayed, often referring to debts or bills that are due and should have been paid previously.
Full definition
You can ask the bank if they will add on the amount owed
in back payments to the back of the loan.
Even the man who comes from the bank to demand
back payments on their property is deeply embarrassed to face them.
The change may not take place immediately, to prevent you from pushing
back your payment for the current period, but it will probably take effect within a few cycles.
The methods of
cash back payments can be as varied as the number of reward credit cards on the market.
It follows a dispute over a tax on net patient revenues and the state
cutting back payments to acute care hospitals last year.
They work with your creditors to lower interest rate on high interest debts, waive late fees and make late credit accounts current without
requiring back payments.
This is an attractive option for those who need a little extra time to get caught up on payments but don't have the ability to pay months worth of
back payments at once.
The time it takes for us to get the cash
back payment varies by partner, here are some general timing guidelines.
They may also take the total amount owed
in back payments and spread them out in a payment plan, to lessen the financial burden on the homeowner.
This means that you could make a larger premium payment when you have extra cash to invest, or
cut back your payments to a minimum when times are tough.
Misunderstandings generally occur through hearing rumors and horror stories about trustees who have taken
back payments made by debtors.
Ryan initiated an action for
back payment of child support from May 2007, and Amber was given Ryan's former address in Winchester, Indiana as a contact address.
The new plan
scales back those payments from about $ 87 million this year to just $ 8 million three years from now, leaving some suburban officials unhappy.
If the card holder is unable to
pay back the payment amount, the customer is given a grace period which varies from 25 to 55 days depending on the type of credit card and the issuing company.
In other news, Poloniex was recently acquired by Goldman Sachs -
backed payment company Circle for a reported fee of $ 400 million.
And according to data provided by DiNapoli's office, dozens of localities, school districts and institutions have also
pushed back their payments.
He is setting up a website to list how the City of Niagara Falls is spending its share of revenues
from back payments to the Seneca Niagara Casino.
The Comptroller's office also ruled that the city could not restrict benefits to
recoup back payments.
Labour pledged to
bring back the payments last August and the party has now re-affirmed its commitment to the policy.
That was yesterday and I was told I'd
hear back payment and financing information today, 11/21/17 after submitting my credit application.
If you are currently a renter who wants to
whittle back those payments — and it's a worthy goal since housing is typically a household's single biggest expense — consider the following strategies to save money:
A successful cancellation not only makes the loan obligation go away, but in most cases, the government must also
give back any payments you have made (whether voluntarily or involuntarily) and help clean up your credit.
Presumably, this
involved back payments of around 18 months» pension contributions and making further payments to represent the likely investment return on those contributions.
The government starts clawing
back those payments when net income exceeds $ 67,668, and the entire amount is clawed back when net income reaches $ 109,764.
For purposes of this Section 12.9, billed, unbilled or billable attorneys» fees and unreimbursed advances relating to contingent fee work undertaken by the Partnership shall not be considered «work - in - progress» or accounts receivable for purposes of any Interest Value, Buy - Back Price or Buy -
Back Payment calculations and shall be excluded from any such calculation.
(A) The Buy - Back Price attributable to the Capital Account of the Retiring Equity Partner shall be paid in 24 equal consecutive monthly Buy -
Back Payments beginning on the closing date; and
In 2011, Aetna renewed its commitment to Bet Tzedek by reviewing previously denied applications for survivors whose cases have been re-opened and will potentially receive
significant back payments.
According to the complaint, at first Futuris was asking Faraday Future if its work was satisfactory, and if they were going to be
sending back payments.
If a greedy attacker is able to assemble more CPU power than all the honest nodes, he would have to choose between using it to defraud people by
stealing back his payments, or using it to generate new coins.»
The Money Back Guarantee is discretionary and CV Jedi reserves the right to attempt to fix any issues prior to authorising
Money Back payment.
Michael told me that he will purchase my home and relieve me of the financial responsibilities, such
as back payments of 2 mortgages and any attached fees.
I recently learned my husband, a Florida resident, had a Florida judgment in 1985 awarding $ 27,000 to the Ocean County Social Services, NJ,
in back payments for welfare payments to his ex-wife and two small children.
(And be aware that bankruptcy court can claw
back payments made just prior to filing bankruptcy.)
The city must give Success Academy $ 720,000 in
back payments for three charter - school pre-K programs, a panel of appellate judges ruled Thursday.
Annual
Cash Back payments are limited to an aggregate of $ 25,000 for each tax - reported owner.
«He gets no pleasure out of submitting these emergency appropriation bills which first cut back contractors payments and next week
cut back payments to non-profit organizations all over the state.
Must not have any outstanding obligations in default or be in
back payment on child support payments
Fonterra has served notice on its Australian farmers that it will
claw back payments that have been made since July last year.
The EU will be keen to obtain the funds, but May will come under public and political pressure to
scale back payments.
This is almost always worse for the payor than the recipient, who can enforce the original order,
including back payments.
The Goldman Sachs -
backed payment company Circle has purchased the cryptocurrency exchange Poloniex in a move that signals further acceptance of the crypto industry by Wall Street, and an aggressive strategy to position themselves to profit from its growth.