Types of Liabilities
Some of the more common types of liabilities include the following:
- Installment debt
- Revolving charge accounts
- Education loans
- Checking account credit line
- Single payment notes
- Pledged asset obligations
- Contingent liabilities
- Alimony, child support and separate maintenance
- Debts on other real estate
- Interim financing
- Collections, delinquencies and judgments
- Employer-guaranteed mortgage