Debt Consideration Part Payment Of A Debt Will Not Be Adequate Consideration To Discharge A Debt?

5:37 PM

Part payment of a debt will not be adequate consideration to discharge a debt? - debt consideration

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3 comments:

briang731/ bvincent said...

Why should it? If you buy something if it is defective or does not do what the seller, you agree to pay the amount. Partial payment can cost much more if the seller decides to settle the case in small claims court.

January 28, 2010 at 8:54 PM
thylawye... said...

Not without the prior consent of the creditor. Or in connection with a Chapter 13 bankruptcy in the United States.

January 29, 2010 at 2:08 AM
goodciti... said...

A portion of the payment - the word itself suggests that a comprehensive review is not paid under the contract / agreement. Waived unless the creditor, or agrees to remove the "payment" and discharge you, the payment of a partial payment of examination fee and their liability is reduced action (hold, depending on such factors as the type and form of interest on credit and capital markets , etc..)

January 29, 2010 at 9:23 AM

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