District of Columbia Acknowledgment by Debtor of Correctness of Account Stated
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How to fill out Acknowledgment By Debtor Of Correctness Of Account Stated?
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FAQ
DC Code Section 48-904.01(a) states that it is illegal for an individual to knowingly make or sell controlled substances. Furthermore, it is just as illegal for an individual to possess controlled substances for the purpose of making or selling controlled substances.
The District of Columbia's general consumer protection law, which prohibits a wide variety of deceptive and unconscionable business practices, is called the Consumer Protection Procedures Act or ?CPPA.? It is codified at DC Official Code §§ 28-3901 to 28-3913.
In finance, consumer protection laws seek to prevent predatory lending, housing discrimination, securities fraud, privacy violations, and other unethical practices.
§ 28?3502. Special promise to answer for debt or default of another.
§ 28?3801. This subchapter applies to actions to enforce rights arising from a consumer credit sale or a direct installment loan.
Account stated refers to a document summarizing the amount a debtor owes a creditor. An account stated is also a cause of action in many states that allows a creditor to sue for payment.
Debt collection. (a)(1) This section applies to conduct and practices in connection with the collection of obligations arising from any consumer debt (other than a loan directly secured on real estate or a direct motor vehicle installment loan covered by Chapter 36 of this title).
With respect to a consumer credit sale or direct installment loan the agreement may provide for the payment by the consumer of reasonable attorney's fees not in excess of 15% of the unpaid balance of the obligation.
