Solving the mystery of probate recovery

Article Abstract:

Creditors should master probate recovery to ensure collection of debt from the estates of deceased customers who have not completed payment of their debts. This approach is important because of the amount of debt left by customers who die has reached new heights and is expected to grow further. The probate process, which starts with the death of a customer, serves as a court that supervises the accumulation and distribution of assets. Regardless of the existence of a will, creditors are recognized first by the probate before the heirs, with priority creditors taking precedence over unsecured creditors. Creditors should be well-versed in probate laws and procedures, and to create a staff with knowledge on the probate process.

Methods, Management, Consumer credit, Collection (Accounting), Bad debts

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The Recovery of Nuclear Power Plant Decommissioning Costs by Public Utilities

Article Abstract:

The recovery of nuclear power plant decommissioning costs from customers is analyzed. A fair allocation of costs among customer generations must be achieved. A reliable estimate of decommissioning costs must be developed. Consideration must be given to salvage value, storage, future employee disability, and other possible health costs. The accounting profession must consider technological advancements.

Nuclear power plants

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Replacement Decisions under the Accelerated Cost Recovery System

Article Abstract:

Equipment replacement is examined under the accelerated cost recovery system (ACRS) and under asset depreciation range (ADR) system. ACRS' generally accepted use is questioned because it does not stimulate capital investment. Faster replacement is not achieved under ACRS without higher cost.

Depreciation

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