Asked by Gibson Giteru on May 11, 2024
Verified
Person who has disappeared or moved to avoid payment of bills
A) third-party check
B) postal money order
C) Federal Trade Commission (FTC)
D) Fair Debt Collection Practices Act (FDCPA)
E) Truth in Lending Act (TILA)
F) validation notice
G) collection agencies
H) statute of limitations
I) skip
J) bankruptcy
Person
An individual human being.
Avoid Payment
The act of intentionally preventing or escaping the obligation to pay for a service or fee.
- Absorb information on maintaining ethical and compliant practices in billing and collections, especially regarding credit balance management and regulatory disclosures under the Truth in Lending Act and the Fair Debt Collection Practices Act.
Verified Answer
RV
REBECA venegasMay 11, 2024
Final Answer :
I
Explanation :
The term "skip" refers to a person who has disappeared or moved to avoid payment of bills or being found by creditors or debt collectors. This term is often used in the context of debt collection.
Learning Objectives
- Absorb information on maintaining ethical and compliant practices in billing and collections, especially regarding credit balance management and regulatory disclosures under the Truth in Lending Act and the Fair Debt Collection Practices Act.