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Bills

A bill is a document requesting payment for an order previously supplied. Presentation of a bill is common practice on the part of restaurants, credit card companies, utilities, and other service providers. The bill for something is the total price of all services and goods received but not paid for, and is presented in the expectation of immediate payment by the due date.

When a bill is paid for, as a part of the transaction, the company will usually provide a bill confirmation.

Unpaid bills

If a bill is not paid on time, various sanctions against the debtor may be taken, including late fees being added to the bill, negative credit reporting, suspension of the services being provided, employment of a collection agency to collect the amount due, or in the most extreme cases, legal action. The total amount of the bill is usually called the balance due.

Under English law, a person who makes off without paying the bill, or who dishonestly secures a remission in the amount payable, commits an criminal offence under the Theft Act 1978.

In the United States and most other democracies, a person who does not pay a bill cannot be held criminally liable. Debt is strictly a civil matter, and the creditor is limited to taking civil action against the debtor.

Common reasons for failure to pay a bill on time or at all include disorganization, forgetfulness, health problems that leave the customer out of commission to make payment, dispute of the charges on the bill, or difficulty in affording the bill.

Debt-Consolidation-Management.com has provided this page for your reference purposes. Please visit Wikipedia for more information about a bill.


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Debt Consolidation image With a Debt Management Plan (DMP), Debt Consolidation is done without a loan. We call this type of Debt Consolidation without using a loan, a Debt Management Plan (DMP).

debt management plan imageConsolidating your debt using a Debt Management Plan (DMP) allows you enough room, in your budget, to pay off your debt. All your unsecured debts are consolidating into one payment, paid monthly. Click here to read more about our Debt Management Plan (DMP).

debt management plan imageBenefits

  • Consolidation of all your bills into one payment.
  • Reduce your interest rates.
  • Lower your monthly payments.
  • Get rid of Late payment fees.
  • Handle the collection calls.
  • 24 hour account access.

Debt Consolidation Management | Debt Consolidation | Debt Management | Debt Settlement Company | Debt Consolidation Options | Debt Settlement Program | Debt Consolidation Loans | Debt Management Plan (DMP) | Credit Counseling Agency | Credit Consolidation | Bankruptcy | Obama's Making Home Affordable