Ohio Acknowledgment by Debtor of Correctness of Account Stated

State:
Multi-State
Control #:
US-0036BG
Format:
Word; 
Rich Text
Instant download

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. In Ohio, an "Acknowledgment by Debtor of Correctness of Account Stated" refers to a legal document used to confirm that a debtor (a person who owes money) acknowledges the accuracy and correctness of an account statement provided by a creditor (a person or entity to whom the debt is owed). This acknowledgment is often required in cases where a debtor disputes the accuracy of the account statement. The Ohio Acknowledgment by Debtor of Correctness of Account Stated is typically used to settle disputes related to the amount owed by the debtor. By signing this acknowledgment, the debtor is essentially stating that they agree with and accept the accuracy of the account statement provided by the creditor. This acknowledgment can also serve as evidence in court to support the creditor's claim against the debtor. Keywords related to this legal document may include Ohio, acknowledgment, debtor, correctness, account stated, accuracy, dispute, settlement, amount owed, creditor, evidence, and court. It is worth mentioning that while the term "Ohio Acknowledgment by Debtor of Correctness of Account Stated" generally refers to a standard document used for this purpose, there may be variations or specific types depending on the particular circumstances or legal requirements. It is advisable to consult with an attorney or legal professional to ensure the appropriate form is used for a specific case.

In Ohio, an "Acknowledgment by Debtor of Correctness of Account Stated" refers to a legal document used to confirm that a debtor (a person who owes money) acknowledges the accuracy and correctness of an account statement provided by a creditor (a person or entity to whom the debt is owed). This acknowledgment is often required in cases where a debtor disputes the accuracy of the account statement. The Ohio Acknowledgment by Debtor of Correctness of Account Stated is typically used to settle disputes related to the amount owed by the debtor. By signing this acknowledgment, the debtor is essentially stating that they agree with and accept the accuracy of the account statement provided by the creditor. This acknowledgment can also serve as evidence in court to support the creditor's claim against the debtor. Keywords related to this legal document may include Ohio, acknowledgment, debtor, correctness, account stated, accuracy, dispute, settlement, amount owed, creditor, evidence, and court. It is worth mentioning that while the term "Ohio Acknowledgment by Debtor of Correctness of Account Stated" generally refers to a standard document used for this purpose, there may be variations or specific types depending on the particular circumstances or legal requirements. It is advisable to consult with an attorney or legal professional to ensure the appropriate form is used for a specific case.

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Ohio Acknowledgment by Debtor of Correctness of Account Stated