Liquidating loan definition dating girls amman jordan

A receiver may be appointed to oversee such distribution of assets.

Debt is a term that relates an amount of money that is owed by one party to another.

Liquidated debt can also mean a debt that has been settled or paid up entirely.

Therefore, if you owed a ,500 credit card debt, and paid the debt off in full, the debt would then be considered liquidated.

When a fixed dollar amount is known for that debt -- meaning the debt is clear and undisputed by either party -- the debt is known as a liquidated debt.

This differs from an unliquidated debt, in which a dollar amount is unknown.

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