Accounting / July 18, 2018 / Willow Mccoy
In most cases, the only way to determine the fair value of an ARO is to use an expected present value technique, where the probabilities of several possible outcomes are used. When constructing an expected present value of future cash flows, incorporate the following points into the calculation.
A credit judgment is an order to pay a debt, and after hearing your case, a judge can issue a judgment against you. You can initiate a debt repayment plan in court or immediately pay the debt to avoid a judgment. Judgments are derogatory, and this information stays on your credit report for seven years. Since your landlord will most likely report the breach of contract to the bureaus – which will cause your score to drop – avoiding a judgment is key to lessening credit damage after breaking a lease.
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