Nebraska Acknowledgment by Debtor of Correctness of Account Stated

• Category: Contracts - Acknowledgments
• State: Multi-State
• Control #: US-0036BG
• Format: Word; Rich Text

Description

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. The Nebraska Acknowledgment by Debtor of Correctness of Account Stated is a legal document used to confirm the accuracy and correctness of an account stated. This acknowledgment is typically signed by a debtor who has received a statement of their account from a creditor and is acknowledging that they have reviewed the statement and agree that it accurately reflects the amount owed. Keywords related to this document may include "Nebraska," indicating that it is designed specifically for use in the state of Nebraska. "Acknowledgment" refers to the act of confirming or admitting the truth or validity of something. "Debtor" refers to the person who owes money, while "creditor" refers to the person or entity to whom the money is owed. The purpose of the Nebraska Acknowledgment by Debtor of Correctness of Account Stated is to create a legally binding record of the debtor's acknowledgment that the account statement is correct. By signing this document, the debtor essentially agrees that they owe the stated amount and that they have reviewed the statement of the account, finding it to be accurate. It is important to note that there may be different types or variations of the Nebraska Acknowledgment by Debtor of Correctness of Account Stated. For example, there might be variations for different industries or types of debts, such as consumer debt, business debt, or real estate debt. Additionally, specific creditors or industry organizations may have their own versions of this acknowledgment that incorporate additional or modified clauses.

The Nebraska Acknowledgment by Debtor of Correctness of Account Stated is a legal document used to confirm the accuracy and correctness of an account stated. This acknowledgment is typically signed by a debtor who has received a statement of their account from a creditor and is acknowledging that they have reviewed the statement and agree that it accurately reflects the amount owed. Keywords related to this document may include "Nebraska," indicating that it is designed specifically for use in the state of Nebraska. "Acknowledgment" refers to the act of confirming or admitting the truth or validity of something. "Debtor" refers to the person who owes money, while "creditor" refers to the person or entity to whom the money is owed. The purpose of the Nebraska Acknowledgment by Debtor of Correctness of Account Stated is to create a legally binding record of the debtor's acknowledgment that the account statement is correct. By signing this document, the debtor essentially agrees that they owe the stated amount and that they have reviewed the statement of the account, finding it to be accurate. It is important to note that there may be different types or variations of the Nebraska Acknowledgment by Debtor of Correctness of Account Stated. For example, there might be variations for different industries or types of debts, such as consumer debt, business debt, or real estate debt. Additionally, specific creditors or industry organizations may have their own versions of this acknowledgment that incorporate additional or modified clauses.