Sentences with phrase «as creditors pay»

Over time, older late payments have less of an impact as creditors pay more attention to what's happening with your more recent payment history.

Not exact matches

Maybe you tried and failed to remove a negative comment, a late payment, or an account that was marked «Paid as agreed» (which might mean the creditor agreed to let you pay less than you owed).
In a traditional civil rehabilitation, once the court gives the green light, it typically takes six months for the plan to be finalized — meaning optimistically, creditors could begin to get paid, preferably in Bitcoins, as soon as late this year.
Known as debt settlement, it's a process by which consumers stop paying unsecured creditors, wait months or even years until creditors have given up hope of collecting, then offer to settle outstanding balances for mere fractions of the amounts owing.
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.
Once the settlement is approved, the remainder of the $ 135 million that Univision paid will be released from escrow, and will go to Gawker's creditors and investors, including as much as $ 10 million to Denton himself.
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.
He had paid cash for her house in Gainesville, valued at roughly $ 900,000, but he says one of his financial advisers took a loan out against it in his name without his knowledge — which left Hearn - Pearson as one of her son's largest creditors.
Just as debt deflation diverts income to pay interest and other financial charges — often at the cost of paying so much corporate cash flow that assets must be sold off to pay creditors — so the phenomenon leads to stripping the natural environment.
By displacing taxable profits, the business revenue that hitherto was paid out as income taxes is now used to pay interest to creditors.
What's left of any money from that sale would go to priority creditors, such as staff owed back pay and possibly students who paid tuition in advance, and then other unsecured creditors.
Interest: the cash paid to the creditor by the debtor until loan maturity calculated as (interest rate ÷ payment frequency) * outstanding principal balance
Indeed, even such a spectacular failure as that of Scotland's Ayr Bank did not ultimately prevent the bank's creditors from being paid in full, without need for any sort of bailout.
Because the homeowners only owes the original amount to the bank, the «extra» amount is paid as cash at closing, or, in the case of a debt consolidation refinance, directed to creditors such as credit card companies and student loan administrators.
It would not be included in your estate for other purposes, such as paying creditors, unless you named the estate as beneficiary or all your beneficiaries passed away.
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.
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.
Entrepreneur writer Diana Ransom suggests that if «you've personally guaranteed any of your business's debt — meaning, if a creditor or supplier can come after your personal assets if you default — make sure paying off those debts becomes a high priority as well.»
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.
You shall not compel him to serve as a slave: In the Mosaic law, if one chronically could not pay his debts, he would have to work off the debt as a servant of his creditor.
Their founder was Peter Waldo, a rich merchant of Lyons who, seeking salvation, in 1176 took to heart the advice of Jesus to the rich young ruler, paid off his creditors, provided for his wife and children, gave the remainder to the poor, began begging his daily bread, and traversed the countryside and the cities preaching the Gospel as he found it in a vernacular translation of the New Testament.
Harvey Norman is now at risk of losing its entire equity investment and some or all of its debt exposure if the receivers — Peter Anderson, William Harris and Matthew Caddy of McGrath Nicol — fail to find a buyer willing to pay a high enough price to repay National Australia Bank, which as secured creditor ranks ahead of Harvey Norman.
170 million is not enough to pay the creditors (that is 203 million as of Nov 2014) and the amount in SHORT TERM cash deposit (I have to emphasize that short term) is in fact 293 million.
Selling off the assets is seen as the only way to pay back creditors and there are some big items on offer.
If the DEBTOR fails to pay within 30 days of the date of judgment date (and files no appeal), the CREDITOR may request a SHERIFF»S EXECUTION from the COUNTY CLERK»S OFFICE giving the Sheriff's Department full authority to seize money or property as payment toward the Judgment.
However Samuels left owing # 21,946 «to invest» and did not use any of the money to pay off Ruddock's creditors as he once promised.
Saab GB - which is an separate company - issued a statement saying that it will continue to operate as normal and has «sufficient funding in place to meet all creditor obligations, and will continue to pay all employees, dealers and suppliers as normal.»
Be prepared to pay creditors as quickly as possible.
The proceeds go toward paying the trustee, covering administrative fees and, if funds allow, repaying your creditors as much as possible.
The second mortgage holder would be paid the same dividend by the trustee as all the other unsecured creditors.
But before contacting and dealing with creditors it is important that you learn how they look at you as a debtor and how they will react if you don't pay your bills.
If the policy names the estate as the beneficiary, the estate will pay off all creditors before distributing any remaining money to the heirs.
During your proposal to make full restitution, ask your creditor's representative if the debt can then be reported to the credit bureaus as being paid in full.
When you can't pay your creditors they want you to contact them as soon as possible to explain the situation.
The Fund is subject to the risks associated with investments in debt securities, such as default risk and fluctuations in the perception of the debtor's ability to pay its creditors.
As you can technically use the money for whatever purpose, you will still have to pay each of your creditors separately.
If you have good credit or property to use as collateral, the debt consolidator may advice you to get a debt consolidation or home equity loan to pay off your creditors quickly.
Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Creditors use harassment as a way to get you to pay.
Payment is made to Westgeest & Associates as administrator of the proposal, and the administrator uses the money to pay each of your creditors.
A debt management company will often charge up - front fees as a «set up» charge and is paid a kickback or «fair share» as a percentage of the surplus that is paid to your creditor.
You may tell the creditor you will pay up as long as they get rid of any interest that has been charged to the account.
A debt consolidator can help to get the creditors to report your bill as paid and thereby reducing its impact on your credit.
Monetary policy is loose, and as I have stated before, loose monetary policy typically ends in some excess, whether that excess is goods price inflation, or asset inflation, or perhaps a currency panic, where foreign creditors conclude that they will not get paid back in anything near the terms that they expected when they originally lent.
«When a consumer is unable to meet their regular monthly debt payments, our agency as well as other (accredited agencies), may establish a DMP to help the consumer manage and pay off their unsecured debt by having the consumer deposit a monthly payment into a (trust account) which, in turn, is distributed to their creditors,» Hannah says.
The last paragraph is the crux of the matter: with Apple Pay, you can add any card you want so long as you have the card's information, or have physical possession of it, but that's not enough to authenticate it: the creditor needs to verify that you added it.
Secured debts can not be negotiated, because a creditor simply will take your secured property as «settlement» if you are unable to pay.
Lenders are not concerned with whose idea the repossession was; they are concerned with the fact that a creditor had to take back merchandise rather than get paid as agreed.
Many times if a consumer is negligent in paying the bill due to whatever reason then the consumer now has 9 negative slow pays (if they have 9 accts reporting) on their credit which is DEVASTATING to their credit as opposed to if the accounts were consolidated into one account with the creditor.
The firm promised to return all payments to consumers that were not forwarded to creditors as well as pay costs and a civil penalty.
So when you are faced with a situation where you can't pay your creditors, you need to contact them as soon as possible to explain the situation and assure them that you will pay the account as soon as you can.
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