#Aplikasi Keuangan Sekolah Excel Gratis pdf#

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#Aplikasi Keuangan Sekolah Excel Gratis pdf#

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However, letвЂ™s say I want 20 new dining tables for my pizza parlor, the 20 dining tables for my business is business debt and that is considered a commercial debt. If I go out tonight and buy a new dining table for my kitchen at home and put it on my Visa card, thatвЂ™s consumer debt. The example IвЂ™m going to use is a dining table.

Now, letвЂ™s look at an item and see how the item could be a commercial debt or a consumer debt. An example of a commercial debt could be unpaid invoices for a bulk supply of sweatshirts to a retail shop or say I want to start a new pizza parlor and I go out and get a small business loan to start the pizza parlor, the business loan is commercial debt. Now, itвЂ™s even the case if the business is a sole proprietorship or partnership. Commercial debt is typically debt thatвЂ™s incurred between businesses. Or perhaps you have termites and you tent your house, money owed to the Exterminator- thatвЂ™s consumer debt. You go to MacyвЂ™s to buy new clothes for your infant and charge it to your MacyвЂ™s card, thatвЂ™s consumer debt. Consumer Debt is the money you owe as a result of purchases that you made for you or your family members. Consumer debt is sometimes called retail debt, and it is debt that is incurred by an individual in the course of their daily living. LetвЂ™s start with consumer debt, this is something we are all too familiar with.

In todayвЂ™s video, I will give you a brief very general overview of the two types of debt. You may be wondering what is the difference between commercial and consumer debt. Here at Greenbaum Law Group, we only take cases that involve commercial debt and do not take cases that involve consumer debt. Greenbaum Law Group is a commercial collection and judgment enforcement firm. Hi, my name is Parris Trimble and IвЂ™m an attorney here at Greenbaum Law Group. In this YouTube video, Parris Trimble breaks down the differences between Consumer Debt and Commercial Debt and gives us specific examples of each.