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2. How to negotiate debt with credit card companies - AOL

   www.aol.com/finance/negotiate-debt-credit-card...

   Lump-sum settlement. With this negotiation technique, you offer to settle your outstanding debt in one big payment, albeit for less than your balance. For example, you might owe $4,000 between ...

3. Goodwill letters: How to get late payments removed from your ...

   www.aol.com/finance/goodwill-letters-payments...

   A goodwill letter is a formal letter to a creditor or lender, such as a bank or credit card company, to request forgiveness for a late payment or other negative item on your credit report. In the ...

4. Acceptance credit - Wikipedia

   en.wikipedia.org/wiki/Acceptance_Credit

   Acceptance credit. An acceptance credit is a type of letter of credit that is paid by a time draft authorizing payment on or after a specific date, if the terms of the letter of credit have been complied with. The bank "accepts" bills of exchange drawn on the bank by the debtor, discounts them and agrees to pay for them when they mature.

5. Tax debt relief: How to resolve your debt with the IRS

   www.aol.com/finance/tax-debt-relief-resolve-debt...

   The IRS’s long-term payment plan setup fee is assessed as follows: Non-direct debit payments: the setup fee is $130 if you apply online. For mail, in-person or phone applications, this fee comes ...

6. Pay in lieu of notice - Wikipedia

   en.wikipedia.org/wiki/Pay_in_lieu_of_notice

   Pay in lieu of notice. In United Kingdom labour law, payment in lieu of notice, or PILON, is a payment made to employees by an employer for a notice period that they have been told by the employer that they do not have to work. Employees dismissed for gross misconduct are not entitled to be paid their notice, unless stated otherwise within ...

7. Letter of credit - Wikipedia

   en.wikipedia.org/wiki/Letter_of_credit

   As a result, this kind of arrangement would make letter of credit to be enforceable under the action assumpsit because of its promissory connotation. [27] A few countries have created statutes in relation to letters of credit. For example, most jurisdictions in the United States (U.S.) have adopted Article 5 of the Uniform Commercial Code (UCC).