Sentences with phrase «bad debts you've incurred»

The refusal to acknowledge the bad debts incurred by banks during its property bubble plunged Japan into its «lost decade» and ended talk about Japanese global domination.

Not exact matches

The average person has only bad debt, debt incurred by purchasing liabilities like vacations, TVs, cars, and houses.

Capers said Shkreli used money in subsequent companies to pay off debts he incurred from a series of bad trades and to conceal lies he told investors in his hedge funds.

As always, once the consumption binge is over and the bad investments are made, the debt incurred to finance them still remains to be repaid.

On the other hand, bad debt is typically incurred to purchase things that arise out of want, rather than need.

This reflects the outstanding capital you've lent to businesses, minus any bad debts you've incurred.

After Katrina, researchers found that the worst - flooded residents relied on credit cards in modest amounts — incurring an average temporary increase of 15 percent, or $ 500, in new credit card debt.

Student loans are the only viable option for many potential college students, but that means incurring extra long - term debt at the worst possible time.

The most important consideration when buying on credit or taking out a loan is whether the debt incurred is good debt or bad debt.

However, if you lose the principal, in addition to the said above you would incur the loss as a personal bad debt, and not business.

Almost automatically, I started giving her the standard answer about how good debts are generally considered to be debts you incur to buy things that can go up in value — like a home or a college education — while bad debts are things like credit card balances, where you've borrowed money to buy things that will depreciate or go down in value, like most consumer goods.

It's important to know the difference between «Good vs. Bad» debt, and think through the implications before you intentionally incur ANY debt.

This could lead to incurring a lot of debt or even worse — bankruptcy.

Does he bear the risk in connection with either incurring a loss (for example due to bad debt, delays or damage due to equipment)?