Sentences with phrase «original debt owed»

Not exact matches

Like the original Star Wars, these characters owe a debt to the two peasants from a 1958 Akira Kurosawa adventure saga.

Unless provided in the initial contact, within five (5) days, every debt collector must send a written «validation notice» indicating how much money you owe, the name of the creditor you owe, what dispute rights you have if you think you do not owe this debt, and how to obtain information about the original creditor.

If this debt started with a different creditor, provide the name and address of the original creditor, the account number used by that creditor, and the amount owed to that creditor at the time it was transferred.

Because the homeowners only owes the original amount to the bank, the «extra» amount is paid as cash at closing, or, in the case of a debt consolidation refinance, directed to creditors such as credit card companies and student loan administrators.

Even the ideas which I think are original with me owe a large debt to the foundational ideas and writings of other authors and teachers.

In the book Altizer has not decided whether to do a book on Eliade (to whom he owes a profound debt) or an original piece of theological exposition.

The French defender has undoubted improved as a player since his move to Fratton Park and it appears that a chunk of the rumoured # 11m fee will be footed by the debt the south coast side stills owes Tottenham from the original purchase in August 2008.

Ray's film owes a large debt of gratitude to director Juan José Campanella's original, as most of the strong thematic elements have carried over.

Every larger than life creature feature, from King Kong to Godzilla to Jurassic Park owes a debt to the original The Lost World (1925), the granddaddy of giant monster movies.

It would be impossible to overstate the debt this remake owes to The Shining — which is no bad thing given how vastly superior Kubrick's film was to the original Amityville.

Installment debt utilization ratio — compares the current amount owed to the original principal amount of installment contracts (mortgages, car notes, student loans, etc.).

Collectors should send actual proof of the debt — this is something from the original creditor, not just a statement of what you owe.

The amount owed (remember, this amount may be much larger than your original debt amount due to accrued interest and fees from being in default)

For reference, their Hispanic or Latino counterparts owed 83 percent of their original student debt over the same time period.

This means they need to send something from the original creditor that proves you actually owe that debt.

When an account is charged - off, you still owe the debt and it can be collected by the original creditor or by a collection agency.

(Charging off a debt is a strategy used by the original creditor to move the balance you owe from an asset to a liability, for accounting purposes.

Attempt to collect additional charges or interest fees on top of the alleged debt owed, unless the original contract or your state law allows such a charge

Your letter from the original creditor may convince the new creditor that you no longer owe a debt.

Essentially, the collection agency must show that you owe the «original creditor» the debt, not the «collection agency» attempting to collect the debt.

Most often when a debt reaches a collection agency the original creditor has already written the amount owed off as a «bad debt».

(1) the amount of the debt; (2) the name of the creditor to whom the debt is owed; (3) a statement that unless the consumer, within thirty days after receipt of the notice, disputes the validity of the debt, or any portion thereof, the debt will be assumed to be valid by the debt collector; (4) a statement that if the consumer notifies the debt collector in writing within the thirty - day period that the debt, or any portion thereof, is disputed, the debt collector will obtain verification of the debt or a copy of a judgment against the consumer and a copy of such verification or judgment will be mailed to the consumer by the debt collector; and (5) a statement that, upon the consumer's written request within the thirty - day period, the debt collector will provide the consumer with the name and address of the original creditor, if different from the current creditor.

When someone owes money on a medical bill, telephone bill, credit card or other similar bill, and that debt is not paid within 90 days, the original creditor will often contract with a collection agency to try to collect what it is owed.

as proof I owe the debt they are using Citibank as the original creditor....

Proposals can result in debt repayment for as low as 30 % of the original amount owing.

One of the fastest debt resolution options is called debt negotiation, which aims to settle your debt for less than the original balances owed.

He also owes $ 8,000 in credit card debt and $ 10,000 in a bank loans which were used to fund the original business.

An agency negotiates with the people you owe money to, and they settle on a sum that is lower than your original debt.

Creditor: Any person or business to whom the consumer owes money and who has the right to undertake legal action to attain money owed on the original debt..

Unlike the debt consolidation loans mentioned above, where your creditors are paid off and you have a new lender, in these programs you still owe your original creditors until you complete the program.

Even if, at the time you filed for bankruptcy, you felt pressured into acknowledging the amount you owed, you can still challenge the original debt.

It goes without saying that taxes are at the top of the priority list, as the IRS has more powers than anyone to recover the monies owed to them and failure to pay their account on time will not only result in interest but also penalties that can quickly mount up to more than the original debt.

To be fair, there are a number of variables, debt owed, original time for loan to be paid, rate of loan, rate of return assumed on the 401 (k), amount of potential extra payment, and the 2 tax rates, going in, coming out.

At this point, the debt is still owned by, and owed to, the original creditor.

If collection agencies are calling your phone nonstop, that means your debt has been sold by the original agency to the proverbial muscle men of the financial world; their sole job is to get the money you owe.

I currently owe over 52k on an original loan debt of 23k.

After being enticed by these companies promises to reduce debt, consumers too often end up owing more than their original credit card debt.

You have the right to receive written notice providing the amount you owe, the name of the original creditor and instructions on how to dispute the debt.

The debt collector bought your debt from the original company you owed and probably paid pennies on the dollar to buy it.

Before you begin, you should know your credit score, how much debt you still owe to your original lender, and monthly income information.

Anyone who has dressed up as Han Solo or a Stormtrooper for Halloween owes a debt to the original Star Wars costume designer John Mollo.

Illinois lawmakers upped the ante by inserting an additional requirement that limits to 125 percent of the total debt owed the amount a foreclosure purchaser can make when selling the property back to the original home owner.