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U.S. DEPARTMENT OF HOMELAND SECURITY U.S. COAST GUARD CG-950 Rev. 01-07 APPLICATION FOR PERMIT TO CARRY EXCURSION PARTY FORM APPROVED OMB NO 1625-0057 An agency may not conduct or sponsor and a person is not required to respond to a collection of information unless it displays a valid OMB control number. The Coast Guard estimates that the average burden for this report is 5 mins. You may submit any comments concerning the accuracy of this burden estimate or any suggestion reducing the burden...
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What is excussion form?
An excussion form is a legal document used in certain jurisdictions to formally document the relinquishment of a party's right to seek recourse against a specific obligation or debt, usually after a debtor has defaulted.
Who is required to file excussion form?
Typically, the creditor or entity seeking to enforce the debt is required to file the excussion form to formally acknowledge that they have exhausted all remedies to collect the debt before proceeding with any legal recourse.
How to fill out excussion form?
To fill out an excussion form, the filer must provide pertinent details such as the debtor's information, the nature of the debt, steps taken to collect it, and any relevant dates, followed by the signature of the creditor or legal representative.
What is the purpose of excussion form?
The purpose of the excussion form is to formally document and declare that a creditor has made sufficient efforts to collect a debt, ensuring that legal protections are upheld and preventing unjustified collection actions.
What information must be reported on excussion form?
The excussion form must report information such as the debtor's name and address, description of the debt, dates of collection attempts, any outstanding amounts, and signatures from the creditor or their representatives.
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