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3 answers

Why would it be? When you purchase something, unless it is defective or doesn't do what the seller claims, you have agreed to pay the amount. Partial payment could cost you much more, if the seller decides to settle the matter in small claims court.

2006-11-12 01:54:32 · answer #1 · answered by briang731/ bvincent 6 · 0 0

Part payment - the word itself connotes that it is NOT full consideration paid as per the contract/agreement. Unless the creditor waives off or agrees to take the 'part payment' and gives a discharge to you, the part payment will be a partial payment of consideration and your liability will stand reduced to that extent (subject to factors like rate and mode of appropriation of your payment towards interest and principle etc).

2006-11-12 10:55:20 · answer #2 · answered by goodcitizenz 3 · 0 0

Not without the prior agreement of the creditor. Or as part of a Chapter 13 bankruptcy in the US.

2006-11-12 09:54:15 · answer #3 · answered by thylawyer 7 · 0 0

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