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UNITED STATES OF AMERICAFEDERAL TRADE COMMISSION WASHINGTON, D.C. 20580May 1, 2000 Richard T. de Mayo, Esq. President and Chief Executive Officer TSYS Total Debt Management, Inc. P.O. Box 6700 Norcross,
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Court holds that interest is the legal process by which a court establishes and enforces a creditor's claim to a debtor's property.
Creditors who have obtained a court judgment against a debtor are required to file court holds that interest.
Court holds that interest is typically filled out using a standardized form provided by the court or jurisdiction where the judgment was obtained.
The purpose of court holds that interest is to ensure that a creditor's claim to a debtor's property is recognized and enforced by the court.
The court holds that interest form typically requires information such as the creditor's name, the debtor's name, the amount of the judgment, and a description of the property being claimed.
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