Sentences with phrase «than the full amount owed when»

As a general rule, CRA will not accept less than the full amount owed when dealing with an individual taxpayer.

Not exact matches

If there is dispute over the amount of debt that was legitimately owed, is there any clean way to record the fact that one is willing to offer the amount that one agrees is owed if any when the agency commits in writing to agreeing that the debt was in fact paid in full [e.g. if a company mishandles a customer change of address such that the customer never receives a bill for $ 5.47 for the last few days of service, and only finds out about that last bill when a collection agency demands $ 95.47, a payment of $ 5.47 should show up as payment in full, rather than pennies on the dollar.]

The DAS Administrator, or a fee charging money adviser, can ask creditors to accept less than the full amount of the money that you owed them when you started the debt payment programme.

To top it off, it's important to remember that when you settle your debt for less than the full amount owed you can get stuck with a tax liability.

That's when the creditor agrees to accept less than the full amount owed.

In many situations, although you are still required to pay a «court fee» when you notify the court of your intention to complete a defensive driving course, when you add up this court fee and the cost of your course, the total is usually lower than the amount you would owe if you just pay the full fine for your infraction.