A signed statement, sworn under oath to be true and with the understanding that if the statement is found to be materially false, the person making the statement shall be guilty of the crime of perjury. … [Read more...] about DECLARATION UNDER PENALTY OF PERJURY
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DEBT CONSOLIDATION
The combination of several debts into one account. … [Read more...] about DEBT CONSOLIDATION
DEBT FORGIVENESS
When a debtor is permitted to write off a debt by a creditor, usually so that the debtor can restructure and provide future benefits to the creditor or as a compromise or settlement agreement. … [Read more...] about DEBT FORGIVENESS
DEBIT CARD
A bank card that combines the function of a standard bank/automated teller/ATM card and checking. It can be used to withdraw money from a bank or from checking, similar to an electronic check as products and services purchased can be withdrawn directly from a checking account. Debit cards are regulated by the Electronic Funds Transfer Act. … [Read more...] about DEBIT CARD
DEBT RELIEF AGENCY
A person or group of persons who provide advice and assistance to persons filing or considering filing for bankruptcy. Legal statutes govern the conduct and set requirements for debt relief agencies. … [Read more...] about DEBT RELIEF AGENCY