Sentences with phrase «at alternatives to bankruptcy»

Not exact matches

Tesla's sudden change in fortune stands in marked contrast to Fisker Automotive, a competing alternative car company now on the verge of bankruptcy and at the center of controversy over $ 192 million in federal funding that it's unlikely to pay back.

When is bankruptcy the best or only route — and when is it better to look at alternative solutions?

It's often looked at as an alternative to Chapter 13 bankruptcy.

Often, just looking at the alternatives can provide you with enough fortitude to start confidently looking around the bankruptcy ultimatum.

At LoanMart, we offer an alternative to these traditional lenders that will probably turn you down as soon as they see the word bankruptcy.

If your budget shows that you can't afford to do it yourself, you need to look at other bankruptcy alternatives, such as debt consolidation, credit counseling, Chapter 13 Wage Earner Plan, consumer proposal or if all else fails, personal bankruptcy.

At this meeting they will explain all of your options and most people discover that they have an alternative to bankruptcy.

At that time, it would be wise to consult with a trustee in bankruptcy to put these alternatives into perspective given your specific circumstances at the timAt that time, it would be wise to consult with a trustee in bankruptcy to put these alternatives into perspective given your specific circumstances at the timat the time.

But it makes no sense at all to force a struggling student - loan debtor into an IDR as an alternative to bankruptcy relief when it is evident the debtor will never be able to repay his or her student loans.»

If you're considering debt settlement as an alternative to bankruptcy, it's important to look at the nature of your debts and make yourself aware of what can and can't be settled through the PCA debt

If you're considering debt settlement as an alternative to bankruptcy, it's important to look at the nature of your debts

If you're considering debt settlement as an alternative to bankruptcy, it's important to look at the nature of your debts and make yourself aware of what can and can't be settled through the PCA debt settlement program.

Before you consider bankruptcy, you may want to look at whether any of the alternative options might be better for you.

The primary consumer protection problem areas that have given rise to the States» actions include: (1) unsubstantiated claims of consumer savings; (2) deceptive representations about the length of time necessary to complete a debt relief program; (3) misleading or failing to adequately inform consumers that they will be subject to continued collection efforts, including lawsuits, and that their account balances will increase due to extended nonpayment under the program; (4) deceptive disparagement of consumer credit counseling; (5) deceptive disparagement of bankruptcy as an alternative for debtors; (6) lack of screening and analysis to determine suitability of debt relief programs for individual debtors; (7) the collection of substantial up - front fees so the debt relief company gains even if it fails to perform; (8) lack of transparency and information for consumers as to payment of fees, status of accounts, and communications with creditors; (9) significant delays in active negotiation or engagement with creditors, coupled with prohibitions on direct consumer communications with creditors; and (10), in the case of debt settlement companies, basing savings claims (and settlement fees) not on the original account balance, but on the inflated amount due (including late fees and default rates of interest) at the time of settlement.

When most debtors find themselves at the end of their rope, they can often be compelled to file for bankruptcy however, it is important to be aware of the alternatives, as bankruptcy is not always the best solution to get out of debt.

When debt has become so burdensome that you may have to file for bankruptcy it's worth your effort to look at alternatives before taking that final step to discharge debt.

«A consumer proposal is a great alternative to bankruptcy for many debtors» says Douglas Hoyes, a Trustee at Hoyes, Michalos & Associates.»

Obtain credit counseling with an approved agency at least 180 days before filing for bankruptcy to determine the best option, bankruptcy or another alternative.

Aimed at debtors, it has information on filing for bankruptcy, alternatives to bankruptcy, facing foreclosure and dealing with creditors.

They are also skilled at finding alternatives to filing an Arizona bankruptcy if that would be a better option for your current needs and is within your best interest.

Many creditors will accept a somewhat smaller repayment if the alternative is to force you into bankruptcy and get nothing at all.