legal term

[flying_babyb]

whats this mean Amortization of Debt/Wage Earner?

 

[AshleyW]

whats this mean Amortization of Debt/Wage Earner?

Amortization of debt is paying off a debt in installments.

Wage Earner is probably referring to Chapter 13 bankruptcy.. basically your debt gets reorganized, and you go on a payment plan to pay off your debt.

Here's some more info on it:

http://www.expertlaw.com/library/bankruptcy/chapter_13_bankruptcy.html

 

[flying_babyb]

thanks, thats all I wanted to know. Just catching up with the family scum.