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Michigan Order Regarding Payment Plan/Discharge of Arrears

State:
Michigan
Control #:
MI-OAK-58
Format:
PDF
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Description

Order Regarding Payment Plan/Discharge of Arrears The Michigan Order Regarding Payment Plan/Discharge of Arrears is a legal document issued by a court in the state of Michigan. It sets out a payment plan and/or discharges arrears owed to a creditor. This document is commonly used in cases involving child support payments and other debts owed to creditors. There are two types of Michigan Order Regarding Payment Plan/Discharge of Arrears: 1. Payment Plan Order: This type of order is issued when there is an agreement between the creditor and the debtor to make a payment plan in order to pay off the debt. The payment plan must be approved by the court and will include the amount of the debt, the payment schedule, and the interest rates. 2. Discharge of Arrears Order: This type of order is issued when the court has determined that the debt can no longer be collected due to the debtor’s inability to pay. The order will state the amount of the debt that will be discharged and the date of the discharge. The Michigan Order Regarding Payment Plan/Discharge of Arrears is an important legal document and should be taken seriously. It is important to understand the terms of the order and to comply with the payment plan and/or discharge of arrears.

The Michigan Order Regarding Payment Plan/Discharge of Arrears is a legal document issued by a court in the state of Michigan. It sets out a payment plan and/or discharges arrears owed to a creditor. This document is commonly used in cases involving child support payments and other debts owed to creditors. There are two types of Michigan Order Regarding Payment Plan/Discharge of Arrears: 1. Payment Plan Order: This type of order is issued when there is an agreement between the creditor and the debtor to make a payment plan in order to pay off the debt. The payment plan must be approved by the court and will include the amount of the debt, the payment schedule, and the interest rates. 2. Discharge of Arrears Order: This type of order is issued when the court has determined that the debt can no longer be collected due to the debtor’s inability to pay. The order will state the amount of the debt that will be discharged and the date of the discharge. The Michigan Order Regarding Payment Plan/Discharge of Arrears is an important legal document and should be taken seriously. It is important to understand the terms of the order and to comply with the payment plan and/or discharge of arrears.

How to fill out Michigan Order Regarding Payment Plan/Discharge Of Arrears?

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Michigan Order Regarding Payment Plan/Discharge of Arrears