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Child Support Statement
I have a query regarding Child Support Account Statements. I intend to use a Promissory Note to discharge the liability of that debt. I haven’t yet attempted to do so as I’m making sure to get a full comprehension of the process.
The CSA statement of accounts all come with a tear-away payment slip at the bottom.
My question is: what do I do with the payment slip when using the promissory note process?
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2 Replies
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The tear away slip can be used to do an Accepted for Value process, however that process can’t have a default and liability clause with it whereas the PN process can.
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Thank you for your response. It is truly appreciated. However, your answer was already in the grasp of my understanding.
So I will clarify my question further.
Note: I am using the promissory note process, not the A4V money order process.Upon using a PN process on a statement that has a tear-away slip, what is the correct way to handle the slip?
Example 1: Do I leave it blank and leave it attached to the statement?
Example 2: Do I write on the slip in any way, ie: to void it or indorse it?
Example 3: Do I cut the slip off and add it to the envelope with the contract and PN being returned?
Example 4: Do I leave the payment slip omitted altogether? (Ie: cut it off, don’t write on it, and don’t add it with the completed contract and promissory note being delivered?)