Examples
active report
Joe Smith, Chicago, IL, USA
Posted on: 1/1/2010
Author: Fred Jones
Initial amount owed: $1475.00
Status: Active
Explanation: I rented to Joe Smith an apartment. Joe wrote a deposit check and a pet check however I was not able to collect as the account was closed and I had to evict him from the apartment. TOTAL DAMAGES: $1475.00.
updating a report:three options
Option 1: A FULL payment has been received. Claim will be closed.
This option would be selected if the non-payer has paid the author the FULL amount due.
Charles Johnson, Kansas City, MO, USA
Author: Fred Jones
Posted on: 9/17/2010
Initial amount owed: $796.00
Status: A full payment has been received, claim has been closed.
Explanation: I sold a car to Charles Johnson. He was suppose to pay me $796 a month for 10 months. Charles failed to pay me the last payment.
Option 2: A SATISFACTORY payment has been received. Claim will be closed.
This option would be selected if you and non-payer have agreed to settle the claim for less than the original amount
Charles Johnson, Kansas City, MO, USA
Author: Fred Jones
Posted on: 9/17/2010
Initial amount owed: $796.00
Status: A satisfactory payment has been received. Claim has been closed.
Explanation: I sold a car to Charles Johnson. He was supposed to pay me $796 a month for 10 months. Charles failed to pay me the last payment.
Option 3: A PARTIAL payment has been received. Amount still owed $x.xx.
This option would be selected if the non-payer is still making payments on the amount due.
Charles Johnson, Kansas City, MO, USA
Author: Fred Jones
Posted on: 9/17/2010
Initial amount owed: $796.00
Status: A partial payment has been received. Amount still owed $296.00.
Explanation: I sold a car to Charles Johnson. He was supposed to pay me $796 a month for 10 months. Charles failed to pay me the last payment.
