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Debt Destroy

When Is Debt Considered Debt?


celljagan Rep Points: 410
Posted on April 4, 2009 at 11:08 pm
when you borrow some amount fro mothers or from some companies, it becomedept. It comes out when we are not able to repay.

thinkingoutloud Rep Points: 355
Posted on April 4, 2009 at 11:33 pm
You accepted the obligation (aka "the debt") when you signed a contract for your space.  In that contract, you agreed to pay your rent in advance.  Of course, the owner is going to take it seriously.  It's a legal document and the terms are to be respected.  Unfortunately, they aren't negotiable based on whether or not interpretation tells you that he shouldn't be pressed for the money.  The owner has expenses for that building and the rent that he collects is almost certainly applied against those expenses.  If you don't pay your rent when it is due, the owner has every right to ask for it.

tenchi18ph Rep Points: 1,140
Posted on April 5, 2009 at 8:23 am
I think you must talk first to your landlord that you are paying 1 month in advance. Then tell him to give you payduration.

koreangal Rep Points: 2,330
Posted on April 5, 2009 at 10:10 am
Its considered debt after the day you are suppose to pay for what you have spent using your credit card. Even if its one day after the due date, its consider debt

ellie26 Rep Points: 160
Posted on April 5, 2009 at 12:59 pm
I think there is a misunderstanding here.  The deposit is not considered an advanced in payment but rather a security in case you decided to move out of the place without paying.  I think the term your landlord use is 1+1, meaning when you first rent the place, you are to pay a month in advance plus current month rentals.  Did your landlord mentioned about deposit refundable?  You should check with him about this. 

cakelover Rep Points: 245
Posted on April 8, 2009 at 12:06 pm
Whenever someone's borrows money or goods and promised to pay it on a certain period of time, then it's a debt. Once both parties agreed on some grounds of lending and payment.

arthamandiri Rep Points: 495
Posted on April 9, 2009 at 12:33 pm
A debt consider a debt from my opinion is a debt that do not have a productive , like we debt some money to use it as investment int stock for example. If the we get lost that mean our debt become a debt, but if we get profit , our debt can be a asset.