Sentences with phrase «secured debt allows»

Secured debt allows the borrower to shift the lender's focus to the liquidation value of assets rather than the borrower's creditworthiness.

Not exact matches

In March 2018, SES secured an eight - year EUR 500 million Euro Bond at a low annual coupon of 1.625 % which allows SES to refinance an upcoming debt maturity at more favourable terms.

«Put simply, despite being offered full payment for the secured part of his debt in accordance with the financial plan approved by the Football League, this morning Mr Gaydamak has demanded a very significant upfront cash payment in order to allow the deal to proceed by releasing his security.

Secured cards let you make purchases online, reserve rental cars, and buy plane tickets, but they don't allow you to go into debt.

«An electrical apprenticeship is a rigorous and academically demanding training programme which lasts longer than a first degree, but allows the apprentice to secure skills which are in high demand and to earn while they learn without accruing any student debt.»

TIFIA interest rates are lower, which will result in financing cost savings of approximately $ 100 million, and TIFIA - secured loans have allowed LACMTA to maximize debt capacity.

They are also used by folks who need lower payments at the beginning of their proposal, to allow them to catch up on their secured debts (mortgage, cars, etc).

You must pay your secured debts in full with interest while the court will typically allow you to pay unsecured creditors only what you can afford.

Chapter 13 allows you to repay secured debts, even if you're behind on payments, without having your property seized.

A: Secured debt is debt that allows a creditor to make a claim on an asset (i.e. home, real estate or car).

-LSB-...] 13 bankruptcy allows for the «cram down» of auto loans and other secured debts.

Secured Debt Consolidation Loans, a form of financial relief, allow you to use property, such as a home, or other forms of real estate properties, as collateral to secure the loan.

Both Chapter 11 and Chapter 13 bankruptcy may allow you to modify secured debt contracts, discharge certain unsecured debts that can not be repaid over the term of the bankruptcy repayment plan, and to keep certain property needed to operate your business.

If a debtor does not reaffirm the debt, the amended Code allows a secured lender to repossess collateral, even if the debtor is current on payments.

In Alberta most financing agreements allow the secured lender to pursue you for the full balance of the debt and any sales / collection costs less any proceeds from the sale of the asset in question.

In a Chapter 7 case, the most common type of personal bankruptcy, the court doesn't allow an individual to keep their assets, but most exemptions allowed under state and federal law are large enough to cover a secured debt such as a house mortgage a car loan.

Filing Chapter 7 bankruptcy may allow certain unsecured debts to be discharged, but secure debt, such as a car loan, will not be discharged.

It's a good idea to get a secured credit card after completing your debt management plan, as this allows you to steadily build your score back up.

In a chapter 13, you make a 3 or 5 year plan that allows you to make payments on all secured debts, and on part or all unsecured debts.

FHA loans allow debt - to - income ratios that exceed 54 %, but a credit score of 640 is generally needed to secure the loan.

In the first purpose, by extending the loan through securing the debt, the creditor is relieved of most of the financial risks involved because it allows the creditor to take ownership of the property in the event that the debt is not properly repaid.

But this situation still exists, and chapter 13 is the only bankruptcy chapter that allows a debtor to remove a second mortgage as a secured debt.

Confirm with your loan provider that your program allows for pre-payments to secure your debt elimination strategy.

If a debtor's current net monthly income (based on the last six month's average), less one - sixtieth of secured payments and priority debts, less allowed expenses permitted by the IRS and certain other allowed expenses, is greater than $ 100 per month, the trustee or any creditor can request that you be required to file under Chapter 13.

Secured debts are generally not allowed on DMPs, meaning you will still need to manage your mortgage and car payments separately.

Not only can you eliminate your liability on most debts through bankruptcy, but bankruptcy laws allow us to reduce the interest rates on some secured loans through a Chapter 13.

A secured debt is one that allows the lender, bank or credit card company — to take your asset if you stop making the agreed upon monthly payments.

However, it gives the bank a tangible piece of security (like an insurance policy) to secure your debt, which usually allows you to borrow significantly more cash than through an unsecured loan due to added lender's confidence.

Your debt problems will be handled through a registered consumer debt consolidating office to secure you the best possible services that allow you to consolidate your credit card loans & debts into one low payment.

Bankruptcy allows you to eliminate your credit card debt without increasing your secured debt or risking your home.

While typically secured debts can not be eliminated through bankruptcy, you can explore a Chapter 13 bankruptcy option, which allows you to reorganize your debt and potentially completely eliminate your unsecured obligations or pay a percentage of them.

Chapter 13 bankruptcy is often called «reorganization» because it allows the court to order and secure your debts in a 3 - 5 year repayment plan.

Negotiated secured and unsecured debts of closed medical practice to allow the physician to avoid personal liability.

Allow home owners to shed excess mortgage debt by filing for bankruptcy, marking their home to market, securing replacement financing for new market amount under terms set by court, and treating the remaining amount as unsecured debt.

«Securing new debt or bringing in a new equity partner provides cash to reinvest, while allowing them to retain ownership of the real estate, which bolsters their balance sheet and credit worthiness.»

Whether you are seeking a simple program to increase your rate of return on your investments, looking to buy one of our homes for your residence, sell your house to us for any reason or want to be involved with us as a debt or equity partner; we will always allow our experience to give us the advantage to help in our work to secure your future.