Debt collection guide, Contract finance advice, Collecting money owed tips, Chasing payments

Debt collection advice: owed money?

post updated January 18, 2025

Latest cheats – do not work with thes scammers:

January 2025

[email protected]
Joanne Menla
Editorial Team
Irish John (Wildnet Technologies Limited)
Ahmar Younas
[email protected]
Golbn Santo
[email protected]
Maanvir Jaglan

December 2024

John Alex
James Edwards
[email protected]
samuel david
Sara Kaufmann
Sajid Butt
Creative Thoughts
[email protected]
Janice Thompson
Jack Evers
Regine Plaza
[email protected]
Ryan Collins
kashaan Academy
kashaan Academy

November 2024

Emma johan
[email protected]
[email protected]
Shoaib Idrees
Richard Harry
Gästön Natalia [email protected] for www.patpat.com
[email protected] – [email protected]

October 2024

+++ e

Rikki Justin Go
Saleem Sarwar
Alyssa Bronwen
Muhammad Kaleem Ullaha Nawab

September 2024

+++ e

Trending magzine

[email protected]

Reece Kadin – [email protected]

Jacklin Jonsan – [email protected]
‪John Donne – [email protected]
Lora – [email protected]

for:
[email protected]
[email protected]
[email protected]

Zubair – [email protected]

rock bottom – [email protected] for Paw Comfort, Email: [email protected]

[email protected]
theknowledgeacademy
Reflex, Cain Road, Bracknell,
Berkshire, England, RG12 1HL
United Kingdom

outreach SEO – [email protected]
Techy compy – [email protected] for [email protected]
Skyar Rayon – [email protected]
Mahima Camile – [email protected] / [email protected]

September 2024

+++ gl

[email protected]
Mike Jonathan – [email protected]
Write For Us – [email protected] + [email protected]

August 2024

+++ e

Eiza Saman – [email protected]
Sadhanaias In – [email protected]
Aini Seo – [email protected]
Manu Mehandi – [email protected] for www.prosnowsolutions.com
Backlinks Outreach provides – [email protected] for www.leatelierparis.com
Saurav Sharma (theknowledgeacademy)
Daisy Morgan – [email protected]
Aiman Seo – [email protected]
Talat Ji – [email protected]
[email protected] for M Ijaz SEO TGP – [email protected]
[email protected]
Tom Edward – [email protected] for nwir.uk
Kinsley Heylow – [email protected]
Anastasiia Yahelska – [email protected] for [email protected]
Aryan awan Ji – [email protected]
Topnotch Blog – [email protected]
Emily Taylor – [email protected]

[email protected] – Ibee timers – [email protected]
ADS PROJECTS GROUP LTD – Company number 12844857
13 John Prince’s Street, 2nd Floor, London, England, W1G 0JR

leo jackson – [email protected]
Larisa 147 – [email protected]

Aug 2024

+++ gl

[email protected] – Pragia Seo
Gracle Mimi – [email protected] + [email protected]
Micheal Clark seo – [email protected]
Sania Seo – [email protected]
Tyrone Thompson – [email protected] + Emilia Cooper – [email protected]
Sonya Kapor – [email protected]
[email protected] – SEO Departament – [email protected]
[email protected]
Eva Green – [email protected]
Sofia Hoffmann – [email protected] + [email protected]

+++

Debt – what is it?

Introduction to Debt

Debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. Debt is a deferred payment, or series of payments, which differentiates it from an immediate purchase.

The debt may be owed by sovereign state or country, local government, company, or an individual. Commercial debt is generally subject to contractual terms regarding the amount and timing of repayments of principal and interest.

People who owe money

We publish emails of people known to owe money (and have owed money a very long time), individuals who are most likely scammers.

It is always useful to know when doing business if a person has a reputation for not paying. People who cheat make the world a worse place to be.

So we kindly share a list in the hope you can avoid bad debtors, list added to every day of every month. Protect yourself, seek out those who cheat!

July 2024

+++ e

Nuoptima [email protected]
Astrid Piper – [email protected]
Nabeel – Wikipedia Backlinksexchange – [email protected]
Charlotte Mia – [email protected]
Kristin Lisa – [email protected] for reedyandcompany.com
Rio Seo – [email protected] + [email protected]
[email protected] – Usman Ashraf [email protected]
Clicks Dpusa – [email protected]
Zunaira Ashraf, Grow More Advertising Agency, 03483834313 – [email protected]
Jack Jeo – [email protected]

July 2024:

+++ gl

[email protected]
[email protected]
Lorik Dushku – [email protected]
Aurora Luna – [email protected]
Haidi Jhonson = [email protected]
Remii Indigo – [email protected] – added note on the post
Faizan Babar – [email protected]
[email protected] – added note on the post

June 2024

+++ e

leena martha – [email protected]
Sophia Oliver – [email protected]
Lilly Therry – [email protected] for [email protected]
Denys Folkin – [email protected]
Eve Jhone – [email protected]
Gerohayothi – [email protected]
Smith Fieldon – [email protected]
Jett Lamaro – [email protected] for Anderson Restoration
hamza – [email protected]
Willow Hubbard
[email protected]
Qasim Khursheed
Abdullah Seo
Atiya Naz
Janice Thompson

June 2024:

+++ gl

Asif Ali – [email protected]
Aaron Waston – [email protected]

May 2024

+++ e

Muhammad Akhtar (Mercado LLC)
Umer Rajpoot – [email protected] for sevlaser.com
Deepka Singh – [email protected] for mainyardstudios.co.uk
Ashley Grey – [email protected] for [email protected]
Charlis Woodworking – [email protected] for truenorthunderpinning.ca
Lela Smith – [email protected]
Elyse Morgan – [email protected] for elegantshowers.co.uk
Sophie Roberts – [email protected] for LLC University

May 2024

+++ gl

[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]

April 2024 – e

Maria Kazakova – [email protected]
Eben Ramsey [email protected]
Leesa botani – [email protected]
Fatima, Malaysia – [email protected] – for [email protected]
Megan Kelly – [email protected] for Ali Raza [email protected]
Aurora Leah – [email protected] for [email protected]
Irene Eijs – [email protected]
Carlo Alberto – [email protected] + found.co.uk
Ana Aragon – [email protected] + [email protected] – for mobilehomesell.com and modernbungalow.com
Daria Lena – [email protected]
William Guzman – [email protected] for justbunkbeds.com
kerry wilkinson – [email protected]
Carry Kit – [email protected]
Lela Smith – [email protected]
[email protected] – Joseph Keifer [email protected]

+++ gl

[email protected]
[email protected]
[email protected]
[email protected]
Kamran Saleem
[email protected]
[email protected]
Waylen WaylenR
Anniele alex
Kylian
play ofmost
Joe Root
[email protected]
Ayesha Noor – [email protected]
Francesca Battan – [email protected]
Paul Nikos – [email protected]
atticus giselle – [email protected]
Selina Morris
Painters Parramatta
Olivia Benson
Arthur Webb
[email protected]
[email protected]

March 2024

Blogwith akesh
play ofmost
Joe Root
[email protected]

kash Mark – [email protected]
Eliza Beth – [email protected] – + 92327 885 600
Home Steading – [email protected]
[email protected]
Nejev Lureens
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
Abdullah Butt – [email protected]
Tanzila Ashraf
Piyush Gandhi
Mary Carpenter
[email protected] – for Nàbeel ràjpoot – [email protected] for theknowledgeacademy.com
Health Works – [email protected] for lockupservices.ca + refractmedia.ca
William James – [email protected] for goldlineremovals.com.au
Kaley Shropshire, San Diego – [email protected] – for 2 clients
shaham seo007 – [email protected] for a website with issues
Jane Lynch – [email protected] for tw-services.co.uk
Joseph Robertson – [email protected] ltflooring.co.uk + gardenrooms365.co.uk

February 2024

Sunanda Singh – [email protected] for paris-painting.com
Matthew Power – [email protected] for luvsolar.com.au + www.sofihub.com
Sienna Potter – [email protected] for crocodilecontainers.com.au
Temdik – [email protected] for flipro.com.au
Abdullah Butt – [email protected] for purebathrooms.net
Ashish Mishra – [email protected] for www.sotaventomedios.com
Huzaifa Seo – [email protected] for worldclassofficetabledesign.com.ph
Tech Mytimes – [email protected] for trehouse.com
Tegan Tomlinson – [email protected] – for 1newhomes.com
Jhon Methue – [email protected]
Muneeb Shah – [email protected] for www.fantasticservices.com
Christopher Daniel – [email protected] for ezyscreens.com.au

January 2024

Jo Wallace – [email protected] for luxhomedecor.com
Raunchy – [email protected] for privateproxy.me
Numi Malik – [email protected] for [email protected]
Ryker Mills – [email protected] for [email protected] at structures-made-easy.co.uk

December 2023

Conan Banner – [email protected] for [email protected]
Jazzy David – [email protected] for www.nicetown.com
Micheal SEO
John Rower
Sophia Ruby
DOFOLLOW SERVICES [email protected] for championsbelts.com
Waqar Ali – [email protected]

November 2023

backlink services – [email protected]
Norman Coles – [email protected]
Smith Marnus – [email protected]
Mary marian – [email protected] for quickloan.co.uk
Waleed – ‘Boost Backlink’ – [email protected]
Isabella Jon – [email protected] for know-how.academy
Umar – building connects – [email protected]
Priti Roy – [email protected]
Ahsan Ali – [email protected] for hyperiontiles.com

October 2023

Paul Ronald – [email protected] for lbtravel.co.uk
David Kane – [email protected] for painter1.com
Tandil Wijaya – [email protected] for puainta.com
Arman seo – [email protected] for alotcleaner.com
Olivia james – [email protected]
Khazir Ali – [email protected] for careroofingsolutions.com
Mollay Kathlyn – [email protected] for mcmillanpazdansmith.com
Larabemeton – [email protected] for grableplumbing.com

September 2023

Chairy – [email protected] for ycattachments.com
Kathleen – [email protected] for This Vid Info [email protected]
Talha Shahbaz – [email protected] for atlantamasonrycontractors.com
Mayur DikShit – [email protected] for www.nodepositslots.com
Grith Moda – [email protected] for www.rhinotradeinsurance.com
Pro Work – [email protected] for www.driveluxurycar.ae
Faraz Umer – [email protected] for www.1909kitchens.co.uk
Norman Chris – [email protected] for www.bdrsuite.com
John Robert – [email protected] for www.ga-waterproofing.com + minneapolismasonrycontractors.com

August 2023

Markrichardson – [email protected] for www.marshub.com
Jasmine Dellar – [email protected] for www.nicetown.com
Diwakar Maurya – [email protected] for goibibo.com
Ahmad Ali – [email protected] for www.uship.com
Holand Kenley – [email protected] for fashionkilt.com
Johanna Elisabeth – [email protected] for www.vanisleglass.com
Robert Patricia Business yab, Matteson, IL 60443, United States – [email protected] for www.rexcer.com and www.indiamart.com
Thomas Adison – [email protected] for ulikeglobal.com
[email protected] for royalwriter.co.uk
Aylla Fin – [email protected] for thisvid.info
Ana Sofia – [email protected] for topmyword.com
Alexis Mia – [email protected] for topmyword.com
Hendry Thorn – [email protected] (Marriott Business) for academized.com
Clera Jaames – [email protected] for epichottubs.com
Muhammad Husnain – [email protected] for ehsafety.com.au
Zain saim – [email protected]
Royalty grey – [email protected]
Jasan Jack – [email protected]
Warson Dyrle – [email protected]
Abigail Benjamin – [email protected]
Levi Charisten – [email protected]
Ali Faraz – [email protected]
Ahmad Ali – [email protected]
Beka Hemi (Wanderlog) – [email protected] UK
Dorren Cyrus – [email protected]
Robert Corker – [email protected] for shop.luvmehair.com
Alixander Joy – [email protected] + Wilson Lee – [email protected]

July 2023

Ali Hamza – [email protected]
Zoe Wilfred – [email protected]
Camm Finch – [email protected]
(Ayesha Shahzadi [email protected])
Christopher Andrew – [email protected] for modernstyle.co.nz + www.metaldownroofing.nz + metronz.co.nz
Griffen Iker – [email protected] for Gladiator Kilt / fashionkilt.com
Andrew Adrain
Curtis Martinez, Singapore – [email protected] for [email protected]

June 2023

Richard Kennedy – [email protected] for www.liveabout.com
weburbans news – [email protected] for www.ropesdirect.co.uk
Gelbert Robe – [email protected] for www.breezeductcleaning.com + lettiandco.com + homeimprovementskansascity.com + www.groundsguys.com
Ali Arslankatri – [email protected] for Toronto Pool Supplies
Alva Mitchell – [email protected] for b2broker.com
Jeniffer – [email protected] for elitegoldcontractors.com
Jeff Bezos – [email protected] for www.manilaofficefurnitureden.ph
Umer, SEO specialist – [email protected] for worldclassofficetabledesign.com.ph and www.eliteaviations.com
John Hilton – [email protected] for disktimes.com
Adward Geenar – [email protected] for www.whizconsulting.net/uk
Arhenius Loius for scottishkiltshop.com
Kinza Ali – [email protected] for lavalamps.shop

Invoice Debt – money owed in Winter to Spring 2023

May 2023

Tom Walker – [email protected] for www.phoenixvalleysolar.com
Bilal Shah – [email protected] for www.build.com
Barin Barrack – [email protected] for www.silverinstruments.com
Fidel John – [email protected] for www.besen-group.com
Alaric Neal – [email protected] for mcmillanpazdansmith.com
Osiris Oswald – [email protected] for ipasolutions.com.au
Sherry A. Jeffries – [email protected] for www.manilaofficefurnitureden.ph
Catalina Benjamin – [email protected] for www.htvront.com
Harry Jordan – [email protected] for various firms
Luke Thomas – [email protected] for www.olightstore.com
Komal Saba – [email protected] for flowyline.com
Gibson Zion – [email protected]
Rowen Jasiel – [email protected]
Cassian Cosmo – [email protected]

April 2023

Hadia Khan – [email protected]
Jasmin Core – [email protected]
Smith Thompson – [email protected]
Kavin Noel – [email protected]
Tanveer Ahmad – [email protected]
Paul Braun – [email protected]
Deepu Newsbeezer – [email protected]
Watson Zion – [email protected]
Chloe Mitford – [email protected]
Chevy Coen, Trustoria, 530 Oak Grove Ave Suite 105, Menlo Park, CA – / Warren Willson [email protected]
Mark Robyn – [email protected]
Dildar Yaar – [email protected]
Rinku Swami – [email protected]
Olly Osian – [email protected]
Afsar Shah – [email protected] for Vanguard Remodeling – [email protected]
Tara Johnson – [email protected]
Arslanali Arslan – [email protected] for Dryshield – [email protected]

March 2023

Justin Beckett – [email protected]
David Schreier – [email protected]
Outreach Team LINKSLINER – [email protected] for Bridgit – [email protected]
Tirtha Chakraborty – [email protected] + [email protected]
Program Polices – [email protected]
Leah Leach – [email protected]
Ifti Gee – [email protected] for kucoin.com – [email protected]
Albert Green – [email protected]
Admin launchora [email protected]
Michael Jeff [email protected]

February 2023

Lucy Gorege – [email protected]
Dean Bristol – [email protected]
Amelia Johnson – [email protected]
Adler Adly – [email protected]
Heaven Luxe: Subhan Imran – [email protected]
Anjum Shahzaib – [email protected]
Julia Abdon – [email protected]
Multitech News – [email protected]
Nazia Hashim – [email protected]
John Branse – [email protected]
Hira Nazir – [email protected]

+++

January 2023

Erik Oscer – [email protected]
Kaithleen – [email protected]
Tanweer Ahmad – [email protected]
Rabia Rabi – [email protected]
Hadia khan – [email protected]
Rhoda Ritta – [email protected]
Zainab Noor – [email protected]

Max Well – [email protected]
Hailey Rose – [email protected]
Anita Anita – [email protected]
James Gary – [email protected]
Faisal Abbas – [email protected]
Luca Connor – [email protected]

+++

Invoices Unpaid in 2022

More debtors – avoid working with these people:

December 2022

Misthel Wilson – [email protected]
Raj Singh – [email protected]
Alyosha Anton – [email protected]
Mian Subhan – [email protected]
Amigalia Joy – [email protected]
Esra – [email protected]

+++

November 2022

Harry Jack – [email protected]
Noman Haider – [email protected]
Asifasif Asif – [email protected]
Esra – [email protected] for www.justchinait.com – [email protected]
Ayan Awan – [email protected] for [email protected]
Alexandru Futchenic – [email protected]
Jasmine William – [email protected] for Happy Decal Canada – [email protected]
Umar Mughal – [email protected] for [email protected]
Haroic – [email protected] for aoeah.com and socialeventsmelbourne.com.au

+++

October 2022

+++

September 2022

+++

August 2022

[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]

+++

July 2022

+++

June 2022

[email protected]
[email protected]
[email protected]
[email protected]
[email protected]

+++

May 2022

[email protected]
[email protected]

+++

March 2022

Oliver Jack – [email protected] – for [email protected]

+++

Feb 2022

Daniel Clark – [email protected] for [email protected]

+++

Jan 2022

Adam Mills – [email protected]

+++

Dec 2021

Tariq Numan – [email protected]

Nov 2021

[email protected]
[email protected]
[email protected]

Oct 2021

[email protected]

Sep 2021

[email protected]

Aug 2021

[email protected]
[email protected]

Jul 2021

[email protected]
[email protected]
[email protected]

Jun 2021

[email protected]

May 2021

[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]

Apr 2021

[email protected]
[email protected]

Mar 2021

[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]

Feb 2021

Ogly Tilo – [email protected]
Lucas Smith – [email protected]
Link Trent – [email protected]
info jon – [email protected]
Leena Oommen – [email protected]
Delco Windows and Doors – [email protected]
rolland mercatonews – [email protected]
Sandy Kaimz – [email protected]
Jay Son – [email protected]
muhammmad Ahmar I iqdevelopers LTD – [email protected]
Habib Khan – [email protected]
Shafiq Butt – [email protected]

Jan 2021

Saqib Aslam
Muhammad Amir
[email protected]
Ali shaer
smith jack
[email protected]
[email protected]
[email protected]

Dec 2020

[email protected]
[email protected]
[email protected]
AMP Welding
Link Trent – [email protected]
[email protected]
Muhammad Tahir
Marlee Scott
Alan Rickman
jack harry

Nov 2020

[email protected]
abbas Ali
[email protected]
[email protected]
Liley Jonsian
[email protected]
Laim Williams
Aleyssa norah

Oct 2020

bisma ahmed
[email protected]
herson loyola

Sep 2020

[email protected]
Link Trent

Aug 2020

Umar Draaz – [email protected] for Alex Hughes – [email protected]

Jul 2020

Lizzy Marciano (Neadoo Digital Ltd.)
Nely Broad – [email protected]
Seo Lemoncat – [email protected]
Nathan Collins (Neadoo Digital Ltd.) – [email protected]
Mary Lange – [email protected]

Jun 2020

[email protected]
Emma stone – [email protected]

+++

More people owing money:

Mar 2023

[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
Eada Hudes – [email protected] (Digimagnet Inc. 2035 Sunset Lake Road, Suite B-2, Newark, Delaware Zip Code 19702 USA EIN 364882655)
[email protected]
[email protected]

Feb 2023

Emily Bronte, Articlish – [email protected] / 4522 18TH AVENUE BROOKLYN, NEW YORK / www.articlish.com and Jennifer Brooke [email protected]

[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]

Jan 2023

Dec 2022

Furqan Raza
[email protected]
Online VKK
Luis Pezzini
[email protected]
Amelia Amel
Shafqat Saleem
Faisal Malik
Travis Bard
GBOB
Necholas Philip
Tom Nobili
Delena Pierce
[email protected]
Patricia Turner
[email protected]

Nov 2022

Anderson
Uzair Chaudary
Isaac Paul
Arslan Imdad
Deniz Deinz
Akshya, Flive Consulting Private Limited, New Delhi
Ali Hassan
The Sharaf
Petra Maya

Oct 2022

April Talens – [email protected] + [email protected]
Atiya Naz – [email protected] and Kamran Muhammad yousaf – [email protected]
Mian Shani
MWST
Jhon Peter – [email protected], for gg poeker – [email protected]
Bareeraawan – [email protected]
John Max
Panem PR

Sep 2022

Jack King
Zain SEO
Kyla Frakes
Kartik Vashal

Aug 2022

JahazaIb Iqbal
Usama Ali
[email protected]
Muhammad Anees
Danielle Martin
Kristina Haley
Muhammad Anees
Zain Ali
Charles Smith

Jul 2022

Hui Yin
Hollie Atkinson
Hamza Malik
Emma Lakna
Juliane Burton
Tiny Ned
Muhammad Ahmad
Muhammad Ahmad
Wanda Harris
Talia Ryder
Rabia Rabi
[email protected]
[email protected]

Jun 2022

Mian Shani
Bill Archer
Mr. Dante S
Sawera SEO
Eric Mullins
Snazzy Designer
Elena Gardner
Home Rarity

May 2022

Sabrina Tracey
Tim Dexter
Ruman Fatima
Mea Davis
Poul Parthy
Lisa Smith
Umar Draaz
Ellie Bella
Peter Petrovski
The Dailyworlds

Apr 2022

Mary Robert
Adnan Bricks
Oliver Jack
Mary Robert
Abubakr Ashfaq
KH Nauman
Suraj Singh
Talat Munir
Max Well
Harika Tom
Zanib Ali

Mar 2022

Ali Haider
Momina Pari
M Suleman
Jefrey Toring
Dan Martin
Jeff Wilkins
Ali Ahmad
Jenifar Ural
Dan Martin

Feb 2022

Zara Zar
Mahfujur Rahman
Edward Nortan
Sophie Hall

Jan 2022

[email protected]
Salman Awan
Venarwa
SEO Services
Donald Sutherland
Rankmeup Services
[email protected]
Glenn Maxwell

Dec 2021

Glenn Maxwell
Arad Peter
Mughal Saab
Amdad Hussain
Jamshaid Ahmad

Nov 2021

Della Roye
Nick Lue
Annie Diszoca

Oct 2021

Jason Farrell
Neil Armstrong
Jasica Brown
Elizabeth Ella

Sep 2021

Kate Shurealia
Bijoy Hembram

Aug 2021

Nicole Heyman
Digvijay Rajdaan
clicktech tips
[email protected]

Jul 2021

Malaika Shehzadi
Andy Joseph
[email protected]
John Addison
Maleeha Rauf
Kiley Morrow

Jun 2021

Salman Awan
[email protected]
Olivia Alexander

May 2021

Iqra Waris
Owais Shah
[email protected]
Nancy Gregory
[email protected]

Apr 2021

Gloriya Naydenova
Saqib Ali
Ada Scott
Mellisa More

Mar 2021

Kathy Bulk
[email protected]
Amanda
Maria Andreas
Maria Knol
[email protected]
Alex Gray

Jan 2021

[email protected]
Lisa Wilson
Helena Adams

Dec 2020

[email protected]
Zain saim
Author Marketers
Ahmad Yar

Nov 2020

~ * ~seoprofits ~*~
Shafiq Shafiq
[email protected]

Oct 2020

Aimée Carufel
Jasper Taxton
David Brown
Robert Smith

Sep 2020

WebTechHelp Help
Jakson Jake

Aug 2020

Jessica Chatt

Jun 2020

Ramish Bhatti
Evelyn Moore
Red Diamond

May 2020

Shannon Field
Bailiwick Oprartion

Apr 2020

Tanzeel Abbas

Mar 2020

[email protected]

Jan 2020

Aubry
Victoria Rowe
Kateryna Ponomarenko

Dec 2019

[email protected]
Action 1 Restoration of Albuquerque
[email protected]

Nov 2019

[email protected]
[email protected]
Jeffery Hayes

Sep 2019

Lucas Ryan
Ric Dean
Amanda Frisk
Martin William

Apr 2019

[email protected]

Feb 2019

John Jefferson (Odoxe Limited)

Oct 2018

Edward Win

+++

Debt Terms and Types

Loans, bonds, notes, and mortgages are all types of debt. In financial accounting, debt is a type of financial transaction, as distinct from equity.

The term can also be used metaphorically to cover moral obligations and other interactions not based on a monetary value. For example, in Western cultures, a person who has been helped by a second person is sometimes said to owe a “debt of gratitude” to the second person.

More debt payment chasing advice:

Chasing Debt Payment Advice

Principal

“Principal (finance)” redirects here. For the principal of a bond, see Bond (finance) § Principal.
Principal is the amount of money originally invested or loaned, on which basis interest and returns are calculated.

Repayment

There are three main ways repayment may be structured: the entire principal balance may be due at the maturity of the loan; the entire principal balance may be amortized over the term of the loan; or the loan may be partially amortized during its term, with the remaining principal due as a “balloon payment” at maturity. Amortization structures are common in mortgages and credit cards.

Default provisions

Debtors of every type default on their debt from time to time, with various consequences depending on the terms of the debt and the law governing default in the relevant jurisdiction. If the debt was secured by specific collateral, such as a car or home, the creditor may seek to repossess the collateral. In more serious circumstances, individuals and companies may go into bankruptcy.

Debt collection

Debt collection is the process of pursuing payments of money or other agreed-upon value owed to a creditor. The debtors may be by individuals or businesses. An organization that specializes in debt collection is known as a collection agency or debt collector.

Most collection agencies operate as agents of creditors and collect debts for a fee or percentage of the total amount owed. Historically, debtors could face debt slavery, debtor’s prison, or coercive collection methods. In the 21st century in many countries, legislation regulates debt collectors, and limits harassment and practices deemed unfair.

Debt collection has been around as long as there has been debt and is older than the history of money itself, as it existed within earlier systems based on bartering. Debt collection goes back to the ancient civilizations, starting in Sumer in 3000 BC. In these civilizations if a debt was owed that could not be paid back, the debtor and the debtor’s spouse, children or servants were forced into “debt slavery” until the creditor recouped losses via their physical labor. Under Babylonian Law, strict guidelines governed the repayment of debts, including several basic debtor protections.

In some societies debts would be carried over into subsequent generations and debt slavery would continue, but some early societies provided for periodic debt forgiveness such as a jubilees or would set a time limit on a debt.

Hard Money Lenders guide

When are Hard Money Loans Best Used?

The two main reasons are when you need to close or finish something quickly and when the financing cost is competitive enough to make it work.

A hard cash moneylender can be of assistance because having this can change the perspective and outcome of your projects—it could lead to a deal with a benefit or a completed project drawing rental pay.

Some of the most popular investment strategies are outlined below:

1 – Loans for Fix and Flips:

The well-established practice of “fix and flip credits” involves purchasing a property that requires renovation or repair, carrying out the necessary repairs, and then selling the property for a profit. This has been taught for a very long time, and will not stop in the foreseeable future.

Speed is a key factor in how productive this cycle can be. Time is money, as the saying goes. The key is taking care of business and sold. It’s important to approach quick cash assets, especially at the right price!

2 – Use in Business:

“Fix and Flip” is the same for any type of business property, including distribution centers, offices, shops, manufacturing facilities, and so on—the only difference is that these are business structures or offices rather than private ones.

Standards are the same everywhere. By either leasing or renting, you can enter, complete the work, and exit.

Larger aggregates are frequently in play as a result of these tasks’ business concept, which includes banks that can be exceptionally sluggish and desk work focused.They can also be expensive and rigidly organized.

With the right organization, a hard cash loan can look past this, see the potential, and assist the financial backer. Hard cash banks assist landowners in need of fix-and-flip advances as well as financial backers in need of hard cash arrangements.

3 – Funding for Transactions:

Every kind of land—private, commercial, and so on—can be subject to conditional financing. The purpose of this subsidy is to guarantee that other activities will take place.

Comments on this The best Hard Money Lenders article are welcome.

Prison Buildings and Law Courts

Building Articles

Prison building designs

Law Courts buildings

Legislation
ING Cedar Bank HQ, Cumulus Park, Amsterdam Zuidoost, The Netherlands
Design: Benthem Crouwel Architects and HofmanDujardin

photo © Jannes Linders
ING Cedar Bank HQ in Cumulus Park