Sentences with phrase «by a creditor as»

That is crucial, because an involuntary debt revamping would be seen by creditors as a default — a step Greece and Europe are trying hard to avoid.
But «good» credit is often defined by creditors as a FICO score between 680 and 739.
Once an account is declared by a creditor as charged - off, it will typically be sold to a collection agency.
The only minor set - back of enrolling in a debt consolidation program is that your credit report will be flagged by your creditors as participating in a credit counseling / debt consolidation program.
Your credit report will be marked by your creditors as being enrolled in a debt consolidation program.
Debt settlement is a process used by both creditors as well as the debtor to negotiate a resolution of existing money owed by law in order to avoid bankruptcy and the additional adverse effects on the debtor's credit rating it can bring.
The sum of all charges, payable directly or indirectly by the person to whom credit is extended, and imposed directly or indirectly by the creditor as an incident to the extension of credit.
Consumer Proposals are almost always accepted by creditors as they will provide a better return than if you opted to declare a personal bankruptcy.
For those assets and debts you are going to transfer to the other person or change from joint to individual, amend the account and title before the divorce is final, that way you aren't relying on your ex-spouse to make payments on a debt that is still classified by the creditors as joint.

Not exact matches

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.
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.
The economist - who once described the austerity imposed by Greece's creditors as «fiscal waterboarding» - said his new MeRA25 party would revive the economy through debt restructuring and other measures.
Junior creditors led by Appaloosa Management remain the biggest hold - outs in the CEOC bankruptcy, and have said they have as much as $ 12 billion in claims against Caesars Entertainment and its private equity backers, Apollo Global Management LLC and TPG Capital LP.
Some of McClendon's creditors want a say over how the stake will be disposed of by his estate, viewing the basketball team as one of his few assets of value, according to a copy of a transcript from a May 13 hearing in probate court.
Noble said in a statement on Wednesday that its Restructuring Support Agreement (RSA) had been signed by creditors known as the Ad Hoc Group.
And, he says, Hunter and his army of retail investors did nothing that hasn't been repeatedly done by investment bankers, bondholders and hedge funds during other CCAAs, such as the restructuring of Hamilton steelmaker Stelco, where self - serving parties threatened the future of thousands of workers in order to turn a profit after buying voting power from scared creditors.
She said there often is a triggering event — such as a lawsuit filed by a creditor — that makes people realize how much trouble they're in.
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.
Under the plan, as described by the D.C. - based broker - dealer Height Securities LLC, Puerto Rico will hold off some payment to these creditors, meaning the unpaid amount comes to about $ 270 million in GDB debt.
By displacing taxable profits, the business revenue that hitherto was paid out as income taxes is now used to pay interest to creditors.
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.
Negotiations between creditors and government officials over the $ 9 billion owed by the Puerto Rico Electric Power Authority, known as Prepa, have been taking place for more than a year.
Interest: the cash paid to the creditor by the debtor until loan maturity calculated as (interest rate ÷ payment frequency) * outstanding principal balance
Tsipras did manage to win a concession that the fund should be managed from Greece, not Luxembourg, as envisaged in a German plan, but the rules will be drawn up by Greece's creditors — the troika that Tsipras vowed to throw off, but only succeeded in renaming as «the institutions».
Toward creditor nations, however, America relates as the world's most Highly Indebted Military Power by refusing to raise its own interest rates or taxes, or to permit key U.S. industries to be sold off.
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.
Economic polarization between creditors and debtors is aggravated by tax cuts for the wealthy and a reclassification of financial and real estate returns as capital gains or various forms of untaxed «reserve» funds.
Regional bourses sagged in the aftermath of the vote, led by Hong Kong and Tokyo which were down 3.17 percent and 1.58 percent respectively by lunchtime Monday as investors retreated while they watch Greece's creditors plan their next move.
With little by way of investment or industry, and with generally poor demographics, Greece's overall economic viability remains in doubt, as does its capacity to carry through the drastic reforms that its creditors have exacted as the price for a third bailout, especially as resistance hardens to the measures and onerous oversight insisted upon by the international lenders.
Despite the palace's role as the major creditor, it protected debtors by debt amnesties that undid the polarizing effect of interest - bearing debt.
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.
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».
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.
According to a report to creditors by the administrators of Stay in Bed Milk & Bread, which traded as Aussie Farmers, directors appointed advisers in mid-2017 to help the group raise pre-initial public offering funding.
Japan is nearly as a large a creditor to the United States as China, each owning about 1 / 6th of the US debt that is held by foreign countries.
Ending what has been a tumultuous six - month long negotiation process, last week the Greek Parliament approved the first package of austerity measures required by Greece's creditors as part of the «Greekment» reached in the early morning hours of 13 July 2015 in order to initiate talks on a Third Fiscal Adjustment Programme (or «Memorandum») and avoid Greece's expulsion from the Eurozone.
They can't easily run from that without suffering severe consequences, both parties are caught in this game and the build - up of debt is just as beneficial to the creditors (and encouraged by them) as it is to the debtors.
When reporting credit card expenditures, campaigns are advised by the Board of Elections to note the expenditure in full to the creditor (e.g. AMEX), and where applicable to itemize purchases with a sum of $ 0.00 but then to describe the merchant and cost as a memo in the Explanation line.
The looter (the incumbent Government) who had been declared to have unconstitutionally looted the monies for the «lootee» (now styling itself as a judgment creditor for the money it looted for the lootee) opposed my application with the support of the lootees both by affidavit.
But his colorful yarn was followed by a withering cross-examination, in which he admitted embezzling $ 1 million, bank theft, stiffing hordes of creditors as a chronic deadbeat and a credit card fraud attempt that led to his arrest mid-trial.
Greek Finance Minister Euclid Tsakalotos attends a session of Parliament in Athens on Wednesday as lawmakers prepared to vote on reforms demanded by eurozone creditors in exchange for a new bailout.
A committee that includes two of Harvey Weinstein's accusers as well as talent agency WME has been formed to represent creditors owed money by The Weinstein Company, according to a bankruptcy court document obtained by TheWrap.
As far as I'm concerned, it's time for them to prove they have a clue by filing their new business plan / reorganization plan instead of holding their hand out for more money while telling their creditors to bend over and trust them not to kick them in the rear agaiAs far as I'm concerned, it's time for them to prove they have a clue by filing their new business plan / reorganization plan instead of holding their hand out for more money while telling their creditors to bend over and trust them not to kick them in the rear agaias I'm concerned, it's time for them to prove they have a clue by filing their new business plan / reorganization plan instead of holding their hand out for more money while telling their creditors to bend over and trust them not to kick them in the rear again.
The second mortgage holder would be paid the same dividend by the trustee as all the other unsecured creditors.
Keep in mind that collection agencies are hired by the creditor and their only goal is to collect the money owed (or as much of it as they can) as quickly as possible.
Governed by the same law as bankruptcy, a consumer proposal stops all collection and creditor actions as soon as you file.
If you default in the future, the creditor may pursue any remedies allowed by state law, such as repossession or obtaining a money judgment.
Providing many of the same benefits as filing bankruptcy, including creditor protection and elimination of overwhelming debts, by choosing a consumer proposal, people with severe debt problems gain several advantages over other forms of debt relief the most significant of which is dramatically lower monthly payments and avoiding bankruptcy.
Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Creditors use harassment as a way to get you to pay.
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