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