measure of a firms ability to meet short term cash payments. bassically liquidity ratios show how good a business is at paying off its debts. hope this helps :)
liquidity ratios include current ratio (which is current assets/current liabilities) and acid test (which is current assets- stock/current liabilities.) liquidity ratio's shows how good a business is a paying off its debts. hope this helps.
308.5
Debts must be repaid with interest.
Debts must be repaid with interest.
Henry Longdon Shepherd has written: 'Default and adjustment of Argentine foreign debts, 1890-1906' -- subject(s): Debts, Public, Public Debts
Yes the SOL varies by state.
"Most of the time, they take two people's bad credit and subtract both debts by the lower number. They can, however, make you sign a contract. SO WATCH out and read the contracts."
Both are for consumers, as opposed to businesses, but Chapter 7 absolves all debts, whereas debtors in Chapter 13 restructure their debts on 3-5 year plans.
All the more reason to open an estate. The estate has to pay all of the debts off if possible. If the estate doesn't have the assets to do so, they distribute as best they can. If the court signs off on the distribution, the debts are ended.
John Dickens had not paid his debts for that reason he was sent to jail.
A family relationship does not change contract law. If your contract allows for repossession when the buyer is in default, and your buyer is in default, then yes. If you do not have a contract then I would suggest you contact a local attorney who can guide you according to local law for non-contract debts.
If you have debts, using the money you have to bet will just make things worse.
If they are valid debt default entries they cannot be removed from the report until the required seven years have expired.
The estate of the deceased is responsible for resolving the debts left behind. This is the reason that an estate is a good idea, it provides a means to settle the debts.