Bankruptcy

What Is a SLOC (Standby Letter of Credit)? A standby letter of credit (SLOC) is a legal document that guarantees a bank’s pledge to pay a seller if the buyer–or the bank’s client–fails to meet the terms of the agreement. A standby letter of credit allows international trade between businesses unfamiliar with and operating under …

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What Is Firstsource Advantage? A debt collecting agency is a Firstsource Advantage. They’re frequently shown as a ‘collections’ account on your credit record. When you neglect to pay a bill, this generally happens. If you have a group on your credit record, it will hurt your credit score (unless removed). Is Firstsource Advantage a genuine …

FirstSource Advantage – Can I Remove From My Credit Report? Read More

Who Is Johnson Mark LLC? Johnson Mark LLC is a collection firm that specializes in debt collection. They’re frequently shown as a ‘collections’ account on your credit record. When you neglect to pay a bill, this generally happens. If you have a group on your credit record, it will hurt your credit score. Is Johnson …

Johnson Mark LLC – Need Help With Credit Removal? Read More

What Exactly Is a Funded Debt? A company’s funded debt is debt that matures in more than one year or business cycle. This type of debt is so-called because it is maintained by interest payments made by the borrowing company during the loan’s term. Because the period exceeds 12 months, funded debt is also known …

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Scott & Associates Debt Collectors Have You Concerned? Scott & Associates P.C. is a Texas-based legal practice specializing in third parties’ debt collection. Consumer complaints have been filed with S&A alleging breaches of the Fair Debt Collection Practices Act (FDCPA), including threatening to take steps that are not lawful and using false or misleading language …

Scott & Associates Debt Collectors Have You Concerned? Read More