Legal Question in Credit and Debt Law in California
Accord
itwo parties agree on a written payment plan for a debt; when the first check is presented as agreed, then check is rejected by debtor (bad faith), does creditor still owe debt?
Asked on 8/01/08, 1:52 pm
1 Answer from Attorneys
Robert Mccoy
Law Office Of Robert McCoy
Re: Accord
Creditors do not owe debts, debtors do.
Answered on 8/01/08, 3:04 pm