In the process of collection definition

In the process of collection. ’ means collection of the loan is proceeding in due course either: (1) Through legal action, including judgment enforcement procedures, or (2) in appropriate circumstances, through collection efforts not involving legal action which are reasonably expected to result in repayment of the debt or in its restoration to a current status in the near future, i.e., generally within the next 90 days.
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In the process of collection. ’ means collec- tion of the loan is proceeding in due course either: (1) Through legal action, including judgment enforcement procedures, or (2) in appropriate circumstances, through collec- tion efforts not involving legal action which are reasonably expected to result in repay- ment of the debt or in its restoration to a current status in the near future, i.e., gen- erally within the next 90 days.
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In the process of collection means collection of the loan is proceeding in due course either:
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Examples of In the process of collection in a sentence

  • In the process of collection throughout, we have collected only the public posts and comments on them.

  • In the process of collection, measures should be taken to prevent and disperse.

  • When there will be taxation it is necessary to have the system of collection of tax by public authority.6 In the process of collection of tax, there is likely to be dispute.

  • In the process of collection of data, the researcher had a lot of problems and they curtailed the availability of information.

  • In the process of collection of economic resources and in the mobilization of economic resources the role of the male has seen high in the family.

  • In the process of collection of information from tribal villages of Chhatarpur District of Bundelkhand region of M.P, the support and suggestions provided by the Officials of Indian Tribal Heritage Foundation, Netherland, were valuable in undertaking this study.

  • In the process of collection, the format of the data is unified, and centralized interference is avoided as much as possible.

  • In the process of collection, the pinhole aperture selecting for light from the focal plane is adjoined to a fiber optical cable, coupling the APD to the microscope.To calculate the focal volume, the volume can be approximated as a cylinder.

  • In the process of collection of data, primary data and secondary data were used for this study.The source of the primary data was in the form of observational checklist and questionnaire designed to gather adequate data from building contractors, consultants and clients.

  • In the process of collection, follow the principle of facilitation-not judging, not defin- ing, and trying to ensure their neutrality and objectivity, and get along well with all parties.After collecting relevant information, the facilitation team began to promote solving some surrounding non-core issues.


More Definitions of In the process of collection

In the process of collection. – means that collection of a debt is proceeding in due course in a timely manner either through:
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In the process of collection means collection of the loan is proceeding in due course either: (1) through legal action, including judgment enforcement procedures, or (2) in
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In the process of collection means collection of the loan is proceeding in due course either: (1) through legal action, including judgment enforcement procedures, or (2) in appropriate circumstances, through collection efforts not involving legal action which are
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In the process of collection. ’ means collec- tion of the loan is proceeding in due course either:
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Related to In the process of collection

  • Collections means all cash, checks, notes, instruments, and other items of payment (including insurance proceeds, cash proceeds of asset sales, rental proceeds, and tax refunds).

  • 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.

  • Excluded Receivable means any Receivable (without giving effect to the exclusion of “Excluded Receivables” from the definition thereof):

  • Late Collections With respect to any Mortgage Loan and any Due Period, all amounts received subsequent to the Determination Date immediately following such Due Period, whether as late payments of Monthly Payments or as Insurance Proceeds, Liquidation Proceeds or otherwise, which represent late payments or collections of principal and/or interest due (without regard to any acceleration of payments under the related Mortgage and Mortgage Note) but delinquent for such Due Period and not previously recovered.

  • Administrative proceeding means a non-judicial process that is adjudicatory in nature in order to make a determination of fault or liability (e.g., Securities and Exchange Commission Administrative Proceedings, Civilian Board of Contract Appeals Proceedings, and Armed Services Board of Contract Appeals Proceedings). This includes administrative proceedings at the Federal and State level but only in connection with performance of a Federal contract or grant. It does not include agency actions such as contract audits, site visits, corrective plans, or inspection of deliverables.

  • Debt collection means the collection of unpaid tolls and applicable administrative fees by (i) 652 retention of a third-party debt collector or (ii) collection practices undertaken by employees of a toll 653 facility operator that are materially similar to a third-party debt collector.