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A claim is liquidated when the amount and time of payment is fixed . If acknowledged by the debtor , although not in writing ,
A claim is liquidated when the amount and time of payment is fixed . If acknowledged by the debtor , although not in writing , the claim must be treated as liquidated . To liquidate means "to make the amount of indebtedness or an obligation clear and settled in the form of money. Note : Compensation cannot take place where one claim is still the subject of litigation , as the Same cannot be deemed liquidated
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