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WHAT IS PRESCRIBED DEBT?
- May 2, 2019
- Posted by: Seedofpro
- Category: Corporate Wellness
No CommentsDo you have prescribed debt? Prescribed debt is an old debt that has not been acknowledged by the consumer or creditor/collecting agent by means of communication to the consumer over a period of three years. More specifically, a debt is prescribed if: You have not acknowledged the debt in the past three consecutive years, either
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