An account stated must be based on the parties' mutual assent; it must appear, at the time of the statement, that indebtedness from one party to the other existed and that a balance was then struck and agreed to be the correct sum owing from the debtor to the creditor. There must be an exact, certain, and definite balance arrived at by the debtor and creditor.
Travis Texas Acknowledgment by Debtor of Correctness of Account Stated is a legal document commonly used in the state of Texas. It is crucial in debt collection and financial transactions, as it verifies the accuracy and correctness of the account stated by the creditor. This acknowledgment serves as an official declaration by the debtor, affirming that they have reviewed the account statement provided by the creditor and believe it to be accurate and complete. By signing this document, the debtor agrees that they owe the stated amount and that the creditor's records are correct. There are different types of Travis Texas Acknowledgment by Debtor of Correctness of Account Stated, including: 1. Individual Debtor: This type of acknowledgment is used when an individual is the debtor. It requires the individual's full legal name, signature, and date of acknowledgment. 2. Corporate Debtor: When a business entity is the debtor, a corporate acknowledgment is used. It involves providing the company's legal name, signature of an authorized representative, and the date of acknowledgment. 3. Joint Debtor: In cases where multiple debtors are involved, a joint acknowledgment is required. All debtors must sign the document, indicating their agreement to the correctness of the account stated. Keywords: Travis Texas, Acknowledgment by Debtor, Correctness of Account Stated, legal document, debt collection, financial transactions, accuracy, completeness, creditor, account statement, debtor, signed, individual, corporate, joint.
Travis Texas Acknowledgment by Debtor of Correctness of Account Stated is a legal document commonly used in the state of Texas. It is crucial in debt collection and financial transactions, as it verifies the accuracy and correctness of the account stated by the creditor. This acknowledgment serves as an official declaration by the debtor, affirming that they have reviewed the account statement provided by the creditor and believe it to be accurate and complete. By signing this document, the debtor agrees that they owe the stated amount and that the creditor's records are correct. There are different types of Travis Texas Acknowledgment by Debtor of Correctness of Account Stated, including: 1. Individual Debtor: This type of acknowledgment is used when an individual is the debtor. It requires the individual's full legal name, signature, and date of acknowledgment. 2. Corporate Debtor: When a business entity is the debtor, a corporate acknowledgment is used. It involves providing the company's legal name, signature of an authorized representative, and the date of acknowledgment. 3. Joint Debtor: In cases where multiple debtors are involved, a joint acknowledgment is required. All debtors must sign the document, indicating their agreement to the correctness of the account stated. Keywords: Travis Texas, Acknowledgment by Debtor, Correctness of Account Stated, legal document, debt collection, financial transactions, accuracy, completeness, creditor, account statement, debtor, signed, individual, corporate, joint.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés.
For your convenience, the complete English version of this form is attached below the Spanish version.