How to Write a Check Memo to Creditors as "Paid in Full" For a Contract?

Answer Writing "paid in full" on the memo line of a check is valid for full payment of a contract -- in certain situations. However, reports that debtors cannot randomly use the strategy to pa... Read More »

Top Q&A For: How to Write a Check Memo to Creditors as "Paid...

Does Chapter 13 pay creditors back in full?

Creditors receive all or part of the money they are owed in a Chapter 13 bankruptcy. Chapter 13 bankruptcy allows debtors to repay all or part of their debts following a court-approved payment plan... Read More »

How to Request That Paid Creditors Release Your Account From Bad Credit Reporting?

The three credit reporting bureaus (TransUnion, Experian, and Equifax) are required by law to report consumer credit accounts accurately, but the burden is on the consumer to provide verifiable inf... Read More »

How to Write a Memo?

The basic function of a memo is to solve a specific problem by making the reader aware of specific information. A memo can be written to persuade others to take action or give specific feedback on ... Read More »

How to Write a Permission Letter to Creditors?

If you engage a representative to contact your creditors, you must give permission in writing to do so. Laws exist to prevent creditors from releasing information to anyone but you. For a lender or... Read More »