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Arizona Correction of Misapplied Payments

Category:
Arizona Local County - Maricopa - Superior Court - Financial
State:
Arizona
Control #:
AZ-MC-FN-01
Format:
PDF
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Description

Correction of Misapplied Payments Arizona Correction of Misapplied Payments is a process used to correct errors in payments that have been made to the wrong party or in the wrong amount. This process is used to ensure that payments are sent to the proper recipient and for the correct amount. There are two types of Arizona Correction of Misapplied Payments: voluntary and involuntary. Voluntary correction of misapplied payments is when a party voluntarily corrects an error in the payment before the state of Arizona has been made aware of it. Involuntary correction of misapplied payments is when a party is required by the state of Arizona to correct an error in the payment after the state has been made aware of it. In either case, the payment must be returned to the original payer and the correct payment must be made to the proper recipient.

Arizona Correction of Misapplied Payments is a process used to correct errors in payments that have been made to the wrong party or in the wrong amount. This process is used to ensure that payments are sent to the proper recipient and for the correct amount. There are two types of Arizona Correction of Misapplied Payments: voluntary and involuntary. Voluntary correction of misapplied payments is when a party voluntarily corrects an error in the payment before the state of Arizona has been made aware of it. Involuntary correction of misapplied payments is when a party is required by the state of Arizona to correct an error in the payment after the state has been made aware of it. In either case, the payment must be returned to the original payer and the correct payment must be made to the proper recipient.

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Arizona Correction of Misapplied Payments
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