Kansas Acknowledgment by Debtor of Correctness of Account Stated

State:
Multi-State
Control #:
US-0036BG
Format:
Word; 
Rich Text
Instant download

Description

An account stated must be based on the parties' mutual assent; it must appear, at the time of the statement, that indebtedness from one party to the other existed and that a balance was then struck and agreed to be the correct sum owing from the debtor to the creditor. There must be an exact, certain, and definite balance arrived at by the debtor and creditor.

Kansas Acknowledgment by Debtor of Correctness of Account Stated is a legal document that is used to confirm and acknowledge the accuracy and correctness of an account statement. This acknowledgment is made by the debtor, who agrees that the account statement provided by the creditor is accurate and agrees to pay the amount stated in the account. Keywords: 1. Kansas: This term refers to the state where the acknowledgment is being made. In this case, it is specifically related to Kansas state laws and regulations. 2. Acknowledgment: This term refers to the action of openly accepting or recognizing the validity or accuracy of something. In the context of Kansas Acknowledgment by Debtor of Correctness of Account Stated, it refers to the debtor accepting the accuracy of the provided account statement. 3. Debtor: The debtor is the individual or entity who owes a debt to the creditor. In this case, they are acknowledging the correctness of the account statement. 4. Correctness: This term signifies the fact that the account statement is accurate, without any errors or discrepancies. 5. Account Stated: Account stated refers to an agreement between the debtor and the creditor on the outstanding balance. It is a statement that summarizes all transactions and activities relating to the debtor's account. Different Types of Kansas Acknowledgment by Debtor of Correctness of Account Stated: While there may not be different types of Kansas Acknowledgment by Debtor of Correctness of Account Stated, variations may exist in the content and format depending on the specific details of the debt or the agreement between the debtor and creditor. However, the general purpose of this document remains the same — to confirm the correctness of the account stated. It is important to note that legal documents may vary based on the jurisdiction and specific requirements of different states. Therefore, individuals should refer to their state's laws and regulations when preparing or reviewing any legal document, including Kansas Acknowledgment by Debtor of Correctness of Account Stated.

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In any case founded on contract, when any part of the principal or interest shall have been paid, or an acknowledgment of an existing liability, debt or claim, ... Every year, each of the nation's biggest debt buyers file hundreds ofThis Defendant owns debt in all 50 states?750,000 accounts in ...9 Accordingly, the FDCPA encourages aggrieved consumers to file suit to remedy false, unfair, and abusive collection practices irrespective of the validity of ...59 pages 9 Accordingly, the FDCPA encourages aggrieved consumers to file suit to remedy false, unfair, and abusive collection practices irrespective of the validity of ... As an alternative to the measure of damages stated in § 347, the injured partybeyond pure reliance?which would only cover post-contract expenditures) ...65 pages As an alternative to the measure of damages stated in § 347, the injured partybeyond pure reliance?which would only cover post-contract expenditures) ... Several SERs said that they currently obtain a representation of accuracy from the creditor when they receive accounts; however, a few SERs ...531 pages ? Several SERs said that they currently obtain a representation of accuracy from the creditor when they receive accounts; however, a few SERs ... 1916 · ?Law reports, digests, etcI think the language of this act is sufficiently , in this stateRichards Mr. Justice Field intimated a doubt as to the correctness 616 , cited by ... United States. Congress · 1911 · ?LawBut when Gen. tucky Militia in that statement . Early demanded a similar indemnity of $ 200,000 from the citi- Mr. CAMPBELL . And Kansas also . zens of ... Fortunately, the states are not tied down by any provision of therights? beyond its common law roots re?ected a recognition by the Court that certain ... Question is when should a creditor file a proof of claim.for failure to assert claims against the correct debtor, it is usually best to file a separate ... But you should understand when it is appropriate to refuse athe law states that the person must sign in front of the notary.

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Kansas Acknowledgment by Debtor of Correctness of Account Stated