In collection definition

In collection means a debt that has been placed with a collection agen- cy by a creditor or that is subject to more intensive efforts by a creditor to recover amounts owed from a borrower who has not responded satisfactorily to the demands routinely made as part of the creditor’s billing procedures.(2) Eligibility. A parent is eligible to receive a Direct PLUS Loan if the par- ent meets the following requirements:(i) The parent is borrowing to pay for the educational costs of a dependent undergraduate student who meets the requirements for an eligible student under 34 CFR part 668.(ii) The parent provides his or her and the student’s social security num- ber.
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In collection means, for purposes of TIV aid, a debt that has been placed with a collection agency by a creditor or that is subject to more intensive efforts by a creditor to recover amounts owed from a borrower who has not respond- ed satisfactorily to the routine demands of the creditor’s billing procedures.
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Examples of In collection in a sentence

  • In collection of data from various sources and its compilation in different usable formats can be done manually only if the size of the database is small.

  • In collection factoring, the factor pays the exporter (less a commission charge) when receivables are at maturity, regardless of the importer’s financial ability to pay.

  • In collection of defaulted student loans, the commission may initiate the license sanction process described in Iowa Code sections 261.121 to 261.127 to suspend, revoke or deny issuance or renewal of a variety of licenses held or applied for by any person who has defaulted on an obligation owed to or collected by the commission.

  • In collection of the Institute for hops, sorghum and medicinal plants in Bački Petrovac, there is 480 accessions of 202 MAP species of 38 families.

  • In collection of any indebtedness owed the University, the University shall also be entitled to all additional costs referenced in Indiana Code 21-14-2-11, as from time to time amended or recodified.

  • In collection of such expense, the Board shall be entitled to all costs of collection including interest at 12% per year from date of accrual, and attorney’s fees.

  • In collection of the Museum of Institute of Marine Biology, Vladivostok, Russia (together with paratypes).Type - Locality: R/V SRTM 8-459, station 52, 38°42'N, 129°42'W, depth 0-100 m, 22 September 1971.Paratypes.

  • Collection of Debt In collection of any indebtedness owed the University, the University shall also be entitled to all additional costs referenced in Indiana Code 21-14-2-11, as from time to time amended or recodified.

  • Yet, this increase in availability seems to also increase the withdrawal of the citizenry.

  • In collection of supply requirements, information is in different data formats, in different system and can be geographically distributed.

Related to In collection

  • Principal Collections means Collections of Principal Receivables.

  • data collection means the retrieval, validation and processing of metering data;

  • Interest Collections means, (i) with respect to any Loan Asset, all payments and collections attributable to interest on such Loan Asset, including, without limitation, all scheduled payments of interest and payments of interest relating to principal prepayments, all guaranty payments attributable to interest and proceeds of any liquidations, sales, dispositions or securitizations attributable to interest on such Loan Asset and (ii) amendment fees, late fees, waiver fees or other amounts received in respect of Loan Assets.

  • Deemed Collection Defined in Section 2.4(c).

  • Deemed Collections has the meaning set forth in Section 4.01(d).

  • Finance Charge Collections means Collections of Finance Charge Receivables.

  • Principal Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Liquidation Proceeds Amounts, including Insurance Proceeds, received in connection with the partial or complete liquidation of defaulted Mortgage Loans, whether through trustee's sale, foreclosure sale or otherwise or amounts received in connection with any condemnation or partial release of a Mortgaged Property and any other proceeds received in connection with an REO Property, less the sum of related unreimbursed Servicing Fees and Advances.

  • Shared Principal Collections means, with respect to any Transfer Date, either (a) the amount allocated to the Investor Certificates which may be applied to the Series Principal Shortfall with respect to other outstanding Series in Group One or (b) the amounts allocated to the investor certificates of other Series in Group One which the applicable Supplements for such Series specify are to be treated as "Shared Principal Collections" and which may be applied to cover the Series Principal Shortfall with respect to the Investor Certificates.

  • Investor Principal Collections means, for any Monthly Period, an amount equal to the aggregate amount of Principal Collections retained or deposited in the Principal Account for Series 2012-1 pursuant to Section 4.3(b)(ii) for such Monthly Period.

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Servicing Fees With respect to each Mortgage Loan and REO Loan, the Master Servicing Fee and the Special Servicing Fee.

  • Servicing Fee means the fee payable to the Servicer for services rendered during each Collection Period, determined pursuant to Section 4.08 of the Sale and Servicing Agreement.