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This document addresses the enforcement proceeding against East 89th Associates, LLC for failing to renew the registration of its petroleum bulk storage facility, constituting a violation of New York Environmental Conservation Law and its corresponding regulations. The proceeding resulted in a default judgment due to the respondent\'s failure to appear and an associated penalty of $10,000.
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What is default summary report?
A default summary report is a document that summarizes the outstanding debts and defaults of a borrower, providing an overview for lenders and regulatory agencies.
Who is required to file default summary report?
Entities that have defaulted on loans or financial obligations are required to file a default summary report, including businesses and individuals.
How to fill out default summary report?
To fill out a default summary report, gather information on all defaults, including amounts owed, creditor details, and dates of defaults. Complete any required forms accurately and submit them to the relevant authority.
What is the purpose of default summary report?
The purpose of the default summary report is to provide a comprehensive overview of a borrower's defaults, aiding in risk assessment and decision-making for lenders and regulators.
What information must be reported on default summary report?
The default summary report must include details such as creditor names, amounts owed, dates of default, borrower information, and any relevant notes on the circumstances of the defaults.
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