Exchange Currency

creditors' settlement

An agreement between a creditor and a debtor, often negotiated through an attorney, that establishes the conditions to settle a debt. Most settlement agreements require that the debtor make a minimum lump sum payment of a reduced debt amount or satisfy the debt within a specific period of time.

Related information about creditors' settlement:
  1. Negotiating with your creditors, settlement or bankruptcy
    From Consumer Reports Money Adviser, the following report includes expert advice on whether it makes sense to negotiate a debt settlement or file for ...
     
  2. Bankas Snoras AB : Vilnius Regional Court approves creditors ...
    Sep 20, 2012 ... Vilnius Regional Court approves creditors' settlement plan The Vilnius Regional Court has approved an application submitted by Neil Cooper, ...
     
  3. The Truth about Debt Settlement
    When settlements are reached with creditors, settlement payments are paid from the Settlement deposit account. There are definitely pros and cons to using ...
     
  4. Creditors' Settlement - Definition of Creditors' Settlement - QFINANCE
    Definition of creditors' settlement from QFinance - The Ultimate Financial Resource. What is creditors' settlement? Definitions and meanings of creditors' ...
     
  5. Recent Settlements And Releases With Creditors Settlement - Docstoc
    Dec 25, 2009 ... EXHIBIT 10.24 RECENT SETTLEMENTS AND RELEASES WITH CREDITORS Settlement Agreement This Settlement Agreement (the ...
     
  6. What is creditors' turnover? definition and meaning
    creditors' turnover. creditors' settlement · creditworthiness. Definition. The ratio between credit sales that are not paid and the sum of the credit sales.
     
  7. What is creditor? definition and meaning
    creditors' turnover · notice to creditors · preferential creditor · preferred creditor · creditors' meeting · creditor nation · creditors' settlement · creditor's committee ...
     
  8. 225 ILCS 429/ Debt Settlement Consumer Protection Act.
    ... and shall include with the refund a full statement of account showing fees received, fees refunded, savings held, payments to creditors, settlement fees earned ...