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The Rule of seventy eight can be utilized by lenders to determine the amount of curiosity refunded. By understanding this calculation, borrowers can negotiate reasonable phrases for early repayment and guarantee they obtain an affordable refund.In terms of loan repayment, the Rule of 78 has long been a preferred method employed by financial establi
In the case of wages acquired prior to the submitting of your petition, but paid from the trustee (instead of with the debtor) once the filing in the petition, statements or the workers’ share in the work taxes (withheld revenue taxes and the workers’ share on the social protection or railroad retirement tax) acquire 3rd priority for the extent