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debtor (65 results)
BNET Business Dictionary
- Debt
- an amount of money owed to a person or organization
- Debt definition on BNET »
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- Agreement Of Compromise Debt
- This is a template for agreement to compromise debt. If a customer / borrower debtor owes you money and you are willing to accept payment of a lesser sum in order to settle the debt, you can sign this Agreement to Compromise Debt with the debtor. Under the Agreement, the...
- Tools & templates 2007-12-01
- Bankruptcy?: Don't Get Messy With It
- The word, Bankruptcy, means 'Broken bench', literally. In the past, during the early days of banking and trading, when a debtor could not pay off his debts, his workbench was broken into two as a punishment and also as a warning for other debtors. But in recent times, the term...
- White papers 2005-12-23
- Administrative Accounts Receivable
- This paper contains broad policies and accounting standards for managing and collecting administrative accounts receivable. The Debt Collection Improvement Act of 1996 and the Federal Claims Collection Standards authorize USAID to collect debts owed to the Agency by means of administrative offset; to assess interest, penalties, and administrative costs on...
- White papers 2005-02-16
- Debt Adjusting
- Debt adjusting means the making of a contract, express or implied, with a debtor whereby the debtor agrees to pay a certain amount of money or other thing of value periodically to the person engaged in the debt adjusting business who distributes the same among certain specified creditors in accordance...
- White papers 2003-09-08
Additional Resources
- 8th Circuit erases bright line on debts
- A federal appeals court erased a bright-line rule against preferential transfers when it permitted certain creditors in a bankruptcy case to recoup the full amounts owed to them. Bankruptcy law allows trustees to go after payments made by debtors in the 90 days before filing for...
- Articles 2008-09-29
- 8th U.S. Circuit Court erases bright line on debts
- A federal appeals court erased a bright-line rule against preferential transfers when it permitted certain creditors in a bankruptcy case to recoup the full amounts owed to them. Bankruptcy law allows trustees to go after payments made by debtors in the 90 days before filing for...
- Articles 2008-09-29
- Bankruptcies
- Chapter 7--Straight bankruptcy; debtor gives up non-exempt property and debts are discharged. Chapter 11--Business reorganization; protection from creditors while business devises a plan of reorganization. Income/ expense reports must be fried monthly. Chapter 13--Plan is devised by individual to pay a percentage of debts based on...
- Articles 2008-09-01
- Client Collections Soar as Agency Recovers Over $500,000 in Additional Funds
- TAMPA, Fla., Aug. 15 /PRNewswire/ -- Hunter Warfield, Inc. HWI, a firm specializing in debt collection and asset investigation, has announced the recovery of a half million dollars in additional funds owed to its clients due to a newly initiated program to collect interest on multi-housing debt. Hunter Warfield's...
- Articles 2008-08-15
- Syntax-Brillian Announces Asset Purchase Agreement, Files Voluntary Petition for Chapter 11 Reorganization to Facilitate Sale
- Transaction Designed to Strengthen the Supply Chain for the Olevia Brand Vivitar Excluded From Syntax-Brillian's Chapter 11 Filing; Continues to Conduct Business as Usual Syntax-Brillian to delist from NASDAQ Announces Additional Management and Board Changes TEMPE, Ariz. -- Syntax-Brillian...
- Articles 2008-07-08
- INX Deploys Unified Communications Solution for Springboard Non-Profit Consumer Credit Management
- HOUSTON -- INX Inc., (NASDAQ:INXI) announced today that it has been selected to design and deploy a Cisco unified communications solution for Springboard Non-Profit Consumer Credit Management's national call center. As the consumer credit crisis deepens, Springboard has seen large increases in demand and call...
- Articles 2008-07-08
- Examine Developments Affecting Tax-exempt Organizations and their Joint Ventures Activities
- DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/71b2e3/joint_ventures_inv) has announced the addition of the "Joint Ventures Involving Tax-Exempt Organizations, 2008 Supplement, 3rd Edition" report to their offering. This Supplement examines developments affecting tax-exempt organizations and their joint ventures activities since the date the Third Edition was...
- Articles 2008-07-07
- When debt collectors call you may owe money but you still have rights
- The call came just before dinner. The woman asked me to confirm who I was. I responded: "You called me. How can I help you?" I was more than annoyed. The woman then said I had a past-due debt and needed to pay up. She told me...
- Articles 2008-07-01
- Bankruptcies
- Chapter 7--Straight bankruptcy; debtor gives up non-exempt property and debts are discharged. Chapter 11--Business reorganization; protection from creditors while business devises a plan of reorganization. Income/expense reports must be filed monthly. Chapter 13--Plan is devised by individual to pay a percentage of debts based on ability...
- Articles 2008-07-01
- PRC Completes Financial Restructuring and Emerges From Chapter 11
- -- PRC emerges with positive cash flow, strengthened balance sheet and new funding-- PRC now owned by pre-Chapter 11 secured lenders through private holding company-- Client and employee support contributed to successful reorganization PRC, LLC, a...
- Articles 2008-06-30
- Commentary: IRS issues debt cancellation guidance
- Primarily in response to the recent credit crunch in the United States, including mortgage foreclosures, the IRS recently issued Publication 4681, "Canceled Debts, Foreclosures, Repossessions and Abandonments." While the primary focus of the publication relates to homeowners caught in the immediate "mortgage meltdown,"...
- Articles 2008-06-27
- Wellman, Inc. Files Its Plan of Reorganization
- FORT MILL, S.C. -- Wellman, Inc. (OTC: WMANQ) announced that the Company and its debtor subsidiaries have filed a Joint Plan of Reorganization (the "Plan"), a Disclosure Statement (the "Disclosure Statement") and related documents with the United States Bankruptcy Court for the Southern District of New York...
- Articles 2008-06-27
- Cranes Software's FY08 consolidated revenues up 40% to Rs. 3986 million and PAT higher by 32% to Rs. 1150 million
- FY08 Diluted EPS at Rs. 8.85 Recommends a regular dividend of 20% and a special dividend of 40%, thereby aggregating to 60% (Rs.1.20/- per share) Successfully completed the acquisition of Engineering Technology Associates in the engineering simulations space Clear focus of...
- Articles 2008-06-27
- Rebate checks diverted to pay $2B in child support, loans, other debts
- About $2 billion in economic stimulus rebate checks are being confiscated to pay overdue bills for child support, student loans and back taxes, the government says. So far, 1.8 million rebate checks have been intercepted by Treasury Department computers showing that individuals owe money to federal...
- Articles 2008-06-25
- Fitch Downgrades AES El Salvador to 'BB+'; Outlook Negative
- CHICAGO -- Fitch Ratings has downgraded AES El Salvador Trust's foreign and local currency Issuer Default Ratings IDRs to 'BB+' from 'BBB-'. The rating action applies to the US$300 million 6.75% Political Risk Protected PRP bond issuance due Feb. 1, 2016. Concurrently, Fitch has downgraded the bond...
- Articles 2008-06-25
- SeaMiles to Eliminate $624,000 of Debt
- SeaMiles Limited (the "Company") (TSX VENTURE: SEE), North America's premier cruise loyalty provider, today announced that it has reached agreements with certain debtors to eliminate approximately $624,000 of pre-acquisition debt of SeaMiles, LLC. Under the agreements, approximately $380,000 of debt will be exchanged for 190,000 shares of the...
- Articles 2008-06-25
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