Settlements Question #5

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Recurring Deductions generally occur on every check.  Examples of this would be Liability/Cargo Insurance, Bobtail/Deadhead Insurance and other similar items.  Escrow deduction is at the rate of $30.00 per week.

Remember with Escrow the deduction will occur only until the balance reaches a preset amount, usually $750.00, at which  point the deduction stops.  If the balance drops down below $750.00 the deduction will begin with the next settlement to bring the Escrow back up to $750.00


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