Settlement fee definition

Settlement fee means a charge imposed on or paid by an individual in connection with a creditor's assent to accept in full satisfaction of a debt an amount less than the principal amount of the debt.

Settlement fee means any fee, obligation, or

Settlement fee means any fee, obligation, or compensation paid or to be paid by the consumer to a debt-settlement provider in consideration of or in connection with a completed agreement or other arrangement on the part of a creditor to accept less than the principal amount of the debt as satisfaction of the creditor's claim against the consumer.

Examples of Settlement fee in a sentence

• Virtual AccountSet-up fee Settlement fee Subject to individual agreements Subject to individual agreements 5 Bank does not charge the fee above the minimum according to its promotion.

• Virtual Account Set-up fee Settlement fee Subject to individual agreements Subject to individual agreements 5 Bank does not charge the fee above the minimum according to its promotion.

• Virtual AccountSet-up fee Settlement fee Subject to individual agreements Subject to individual agreements FCY Payments 1.

• Settlement fee We charge this fee when you repay your loan in full and the loan account is closed.

• Any Settlement Class Member who does not provide a timely written objection or who does not make a record of his or her objection at the Final Approval Hearing shall be deemed to have waived any objection and shall forever be foreclosed from making any objection to the fairness, reasonableness, or adequacy of the proposed Settlement, fee and Service Awards application, or the fee and expense award or Service Awards.

More Definitions of Settlement fee

Settlement fee means a charge imposed on or paid by an individual in

Settlement fee means any fee, obligation, or compensation paid or to be paid by the

Settlement fee means a fee payable by the Participant to the Finance Authority to compensate the Finance Authority for its Settlement Costs in circumstances where there has been a Loan Reduction Payment.

Settlement fee means any fee, obligation, or compensation paid

Settlement fee means a charge imposed on or paid by an

Settlement fee shall have the meaning set forth in Section 3.1.

Settlement fee means an amount that increase in Business Value, if any, understanding that, if the amount resulting from the calculations provided above is negative and less than zero, the Settlement Fee will be zero.