Sentences with phrase «as a creditor on»

In the end, they paid one last fee — $ 50 — to be listed as a creditor on their former tenant's bankruptcy case.

If your employer or landlord is a creditor, it must be listed as a creditor on the schedules and will receive notice of the bankruptcy proceeding.

If you have signed a promissory note, you'll need to list the lender as a creditor on your bankruptcy schedules.

However, covenant advisers are generally insolvency accountants and their analyses, largely based on the changes in returns available to the scheme as a creditor on an insolvency, will be different from the analysis of the ongoing business that has driven the restructuring.

Not exact matches

THE «for sale» sign will be swiftly put up on Great Southern's substantial land holdings as the receiver seeks to recoup money for the bank creditors

Further, if spouses own a house or a brokerage account as «tenants by the entirety» as opposed to owning them jointly, they may have some creditor protection depending on the state in which they reside.

Remember though, if you default on a secured loan then the assets or asset class you used as a security could be seized by the creditor in a Court procedure that could also put your company out of business, so there is some element of risk to consider with asset - based financing.

Getting behind on payments — and ignoring your creditors — could eventually result in a lawsuit, as in Nelly's case.

Its European creditors decided on Wednesday to suspend the implementation of short - term debt relief measures after the Greek government announced additional spending on pensions - an action that European partners deemed as «unilateral» and disrespecting the efforts agreed under the country's 86 billion euro ($ 89.75 billion) bailout program.

Kobayashi is sitting on another $ 1.9 billion of the tokens and will consider offloading those too as he raises cash to distribute to Mt. Gox's creditors.

President Cristina Fernandez's Peronist party is facing a tough battle to elect her successor as 30 percent inflation, a restriction on dollar purchases and a stubborn refusal to settle with creditors from its 2001 default erode support.

In what analysts and markets see as the final deadline, Greece has to reach a deal with creditors Saturday or it will fail to make a crucial debt payment due to the International Monetary Fund on Tuesday.

In other words, instead of skipping a handful of payments or defaulting on a loan, contact your creditors and lenders as soon as a problem arises and negotiate some form of resolution that's within your financial means.

Growing anger at the creditors» wishlist played out on social media under the hashtag #thisisacoup, as the drastic demands made were presented as the price to pay if Greece was to stay in the European union.

«While leaders on the ground in Michigan and the city's creditors understand that they must find a solution to Detroit's serious financial challenge, we remain committed to continuing our strong partnership with Detroit as it works to recover and revitalize and maintain its status as one of America's great cities.»

Noble said in a statement on Wednesday that its Restructuring Support Agreement (RSA) had been signed by creditors known as the Ad Hoc Group.

Meanwhile, in Detroit, the city initially classified its general obligation bonds as unsecured debt before settling with creditors for less than 100 cents on the dollar.

Greek equity markets ended the week higher, even as the news — which was all good on Monday after Tsipras made his first real concessions to creditors since becoming prime minister in January — became steadily more discouraging by the day.

Creditors refused to budge on the deadline, meaning Greece soon will join Zimbabwe, Sudan and Somalia as countries that failed to keep up with their payments to the IMF.

Current liabilities include notes payable on lines of credit or other short - term loans, current maturities of long - term debt, accounts payable to trade creditors, accrued expenses and taxes (an accrual is an expense such as the payroll that is due to employees for hours worked but has not been paid), and amounts due to stockholders.

In a debt restructuring (in bankruptcy court or negotiated privately), they might lose money on the debt, but as creditors, they get part or all of the equity of the restructured company.

Former Greek Prime Minister George Papandreou proposed calling a referendum on a private sector debt - restructuring plan agreed with the creditors as part of a second bailout package in October 2011.

Just as significant as the ratings downgrades may be the suspension on Friday of the creditor talks in Greece — whose debt S. & P. long ago gave junk status.

Greece Prime Minister Alexis Tsipras is preparing to pick up talks with creditors after euro - area finance ministers adjourned a meeting on Greece today as a breakthrough on the terms of aid remained elusive.

If parliament gives its nod, Greek voters will be asked to rule on two complex draft documents that detail a proposal by the country's creditors to unlock aid of as much as 15.5 billion euros for Greece in return for sales - tax increases and pension reforms.

The reference to a «voluntary approach» might be a not - so - subtle message that if Europe pushed too hard on this point, then the creditors could no longer accept the agreement as a voluntary one.

Credit Karma provides free credit monitoring to track its users» TransUnion credit reports on a rolling, daily basis and notifies them of any significant changes, such as if a new account is opened in their name or if a creditor registers a delinquency.

With days to go before Sunday's knife - edge referendum that the country's creditors have cast as a vote on whether it wants to keep the euro, the IMF revealed a deep split with Europe as it warned that Greece's debts were «unsustainable».

When this happens and as debt levels rise relative to debt servicing capacity, at some point the major stakeholders — including businesses, creditors, household savers, workers and so on — became uncertain enough about how this gap will be allocated that they take steps to protect themselves from this uncertainty.

And as part of the structural transformation of society urged by creditors, governments are to deregulate (or simply not put regulatory authorities in place) the sectors being privatized on credit.

To compound this problem, mall owners are now starting to mail in the keys to financially troubled malls: More mall landlords are choosing to walk away from struggling properties, leaving creditors in the lurch and posing a threat to the values of nearby real estate... [as] some of the largest U.S. landlords are calculating it is more advantageous to hand over ownership to lenders than to attempt to restructure debts on properties with darkening outlooks (LINK).

If an error on your credit report goes unchecked, lenders and creditors may deny you a claim as a result.

Importers and individual traders still have to mobilize foreign currency through their own means and mostly on the parallel markets as the central bank is failing to enable payments to international suppliers and creditors and this has stoked up inflation, say economists.

On January 15, 2015, Target Canada Co. and the Additional Applicants listed below (collectively, the «Applicants»), together with the Partnerships also listed below (the «Partnerships», and collectively with the Applicants, the «Target Canada Entities») commenced court - supervised restructuring proceedings under the Companies» Creditors Arrangement Act, R.S.C. 1985, c. C - 36, as amended (the «CCAA»).

Just as creditors want to see that you can make on - time payments, and that you can keep from utilizing too much of your available credit, they also want to observe your ability to handle different types of credit accounts.

And inasmuch as creditors insist on protecting themselves from inevitable default by possessing collateral, it is natural that most of the economy's debts are owed on its largest asset: land and buildings.

The New York Times on June 28 quoted Puerto Rico Governor Alejandro Garcia Padilla as saying that the U.S. territory can not pay its roughly $ 72 billion of debts and that creditors will probably have to make significant concessions.

A crucial vote looms on Friday in the long - running saga of Detroit's bankruptcy, as a clutch of creditors decide whether to approve a restructuring plan that would cut the cash - strapped city's $ 18 billion of debt.

On the other hand, according to the Measures for the Administration of Securities Investor Protection Fund 《 證券投資者保護基金管理辦法 》, the functions of China Securities Investor Protection Fund (CSIPF, 中國投資者保護基金) include «indemnifying creditors as required by China's relevant policies in case a securities company is subjected to compulsory regulatory measures including dissolution, closure, bankruptcy and administrative takeover by China Securities Regulatory Commission (CSRC) and custodian operation» or «other functions approved by the State Council».

The announcement comes as Venezuela faces acute financing problems after creditors and ratings agencies declared the government and state - run oil firm PDVSA to be in partial default for missing interest and principle payments on bonds.

Moreover, talks appeared to stall over the weekend as major creditors left Athens without the deal they needed for the meeting of European finance ministers on Monday.

The Althing's proposal spells this out in clear legal terms as an alternative to the neoliberal idea that economies must pay willy - nilly (as Keynes would say), sacrificing their future and driving their population to emigrate in what turns out to be a vain attempt to pay debts that, in the end, can't be paid but merely leave debtor economies hopelessly dependent on their creditors.

If one were to believe that Bitcoin's performance is linked to the situation in Greece, then yesterday's proposal «should» diminish the uncertainty and exert downward pressure on Bitcoin as the deal between Greece and its creditors seems closer now than it was a couple of days ago.

Hollande said debt changes are a question for future years, as the priority shifts to Greece's down - to - the - wire negotiations with creditors over aid that expires on June 30.

Greek Prime Minister Alexis Tsipras has interpreted the results as strengthening his position versus creditors in negotiations, but it is possible that Tsipras may be more conciliatory on the margin given the dire circumstances facing Greece and its banking system, and the desire of the majority of Greek voters to stay in the eurozone.

Sales tax on catering may be the largest difference between Greece and its creditors as they negotiate rescue arrangements this week, according to two European Union officials.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

He said creditors should commit to discussing debt changes as a «second step» after an agreement on Greece's budget, economy and near - term financing is achieved in coming days.

Discover personal loans are a good choice for debt consolidation, as you can pay off your creditors directly and the interest rates on the loan are fixed.

Selling off the assets is seen as the only way to pay back creditors and there are some big items on offer.