outstanding debt

Any outstanding debt at the end of 40 years is written off by the government.

The process typically involves settling the debt for a lump-sum payment that is less than the full amount owed or an agreement where the company closes the card and minimizes the interest while the customer pays back the outstanding debt.

She added students expecting to return in the next academic year could not re-register with outstanding debt.

Moldovan testified that Hana asked him to establish a legal record that the money to pay off outstanding debt on the mortgage was a loan rather than a gift.

In late 2022, the Santos campaign said it paid the restaurant $8,000 in “outstanding debt.”