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This can lead to valuation disputes that are socially costly in terms of professional fees, delays, and lost opportunities.
Complaints received from borrowers include difficulty in getting accurate information from servicers about how much is owed, confusion over fees, delays in having payments credited and difficulty in getting help when borrowers run into financial trouble.
Afghan bankers interviewed in Kabul said that much of the money that does get declared belongs to traders who want to buy goods in Dubai but want to avoid the fees, delays and paperwork that result from conventional wire transfers.
For quite a while, tensions have arisen with passengers who are stressed over new airline regulations and security, overcrowded airplanes, extra fees, delays on tarmacs, elimination of meals, fewer benefits and more restrictions.
There are no transportation costs, customs fees, delays, or logistical issues when cash is given, and relief workers are able to dedicate their time to coordinating vital emergency care instead of being distracted by sorting and storing piles of in-kind gifts.
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Deferred fee structures generally involve payment in something other than cash, or payment at a time in the future; there are two primary types: (a) payment of fees delayed until close of pending investment; and (b) equity (or other consideration) offered in lieu of cash.
The manufacturers fear unintended consequences if the bill were to succeed: added costs for research of copyrighted designs, legal fees and delays in getting their clothes into stores.
Mr Louis applied for a work permit, but the complex application process left him facing high legal fees and delays of more than six months, during which time he was unable to work.
Nick Higgs said an "endless pit of legal fees and delays" could mean some parts of the plan being mothballed.
"What's more, there is no independent complaints investigation procedure or ombudsman to adjudicate on malpractice - there are no questions over fees or delays.
The FCC is taking steps to enact reasonable time limits on state and local permitting processes, unreasonable fees and delays, and eliminate arbitrary requirements and moratoria on investment.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com