Sentences with phrase «by creditors for»

The liability protection they're talking about is the limited liability enjoyed by shareholders in a corporation, who put nothing more at risk than the money they invest — whereas sole proprietors and partners can be pursued by creditors for everything they're worth.
Since non-profit credit counselors are dependent on funding by creditors for this debt management plan and creditors set the terms and control which credit counseling agencies can participate, the creditor calls the shots and pulls the strings.
Although there are some debt reduction and financial planning programs that can help a person reduce the total amount that they owe to creditors, many of the promises that debt reduction companies make can lead to deeper debt, being sued by creditors for large amounts of money, or even having criminal charges levied against the person.
This option is more ideal than having your remaining assets seized by creditors for their benefit.
Activity is reported by the creditors for each consumer whether it is positive (ie: pays on time) or negative (ie: missed payments).
Determine which inquiries to address; soft inquiries made by a creditor for the purpose of extending an offer of credit do not affect your credit rating.
However, FHA does recognize that collection efforts by the creditor for unpaid collections could affect the borrower's ability to repay the mortgage.
«Refund anticipation loan fee» means the charge, fee or other consideration charged or imposed directly or indirectly by the creditor for the making of or in connection with a refund anticipation loan.
'' (11) The address to be used by the creditor for the purpose of receiving billing inquiries from the obligor».
(4) A debtor's performance of an obligation under or in respect of a security agreement is an acknowledgment by the debtor of liability in respect of a claim by the creditor for realization on the collateral under the agreement.
Point banks are any continuously maintained accounting balances, often in the form of basis points, credited to a loan originator by a creditor for originations.
Under the subheading «Services Borrower Did Shop For» and in the applicable column as described in paragraph (f) of this section, an itemization of the services and corresponding costs for each of the settlement services required by the creditor for which the consumer shopped in accordance with § 1026.19 (e)(1)(vi)(A) and that are provided by persons other than the creditor or mortgage broker, the name of the person ultimately receiving the payment for each such amount, and the total of all such itemized costs that are designated borrower - paid at or before closing.
Under the subheading «Services Borrower Did Not Shop For» and in the applicable columns as described in paragraph (f) of this section, an itemization of the services and corresponding costs for each of the settlement services required by the creditor for which the consumer did not shop in accordance with § 1026.19 (e)(1)(vi)(A) and that are provided by persons other than the creditor or mortgage broker, the name of the person ultimately receiving the payment for each such amount, and the total of all such itemized amounts that are designated borrower - paid at or before closing.

Not exact matches

She walks away from her house and can not be sued for any shortfall due to the creditor protection afforded by her bankruptcy.
If your situation is really dire and your business is filing for bankruptcy, you might take advantage of a protection - from - creditors loophole offered by the state in which you own your home.
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.
Moreover, it's being prepped for a counter-strike under the leadership of former Sun Media boss Paul Godfrey, who now heads Postmedia, a company forged by the recent $ 1.1 - billion creditor acquisition of Canwest's distressed newspaper assets.
The creditor, SQN Capital Management, said Tuesday's order by U.S. «The outcome we want is for...
The ruling by U.S. Bankruptcy Court Judge Steven Rhodes, who is overseeing the historic case, came more than two months after the start of a hearing to determine whether the 1,165 - page plan was fair to creditors and feasible for the city to implement.
Last - minute opinion polls indicated a knife - edge result, with voters narrowly favouring Mr Tsipras's call for a No vote to reject a last - ditch bailout offer by Greece's creditors, even though it has already expired.
Warren Buffett learned that the hard way this summer, when Elliott used its financial might to successfully block Berkshire Hathaway's bid for energy company Oncor, by buying up company debt and pledging to exercise its creditor veto right.
Most noteworthy, the company works for you by negotiating with your creditors to reduce the amount that you owe.
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.
Working on behalf of lenders, other creditors, management, and shareholders themselves, our seasoned and compassionate professionals help find the best solution for your organization and the people impacted by challenging situations.
Athens has agreed to sell off state assets worth $ 50bn, with the proceeds earmarked for a trust fund supervised by its creditors.
This two - part system is designed to exploit the role of equity in reducing the risk appetite of banks by requiring them to have more equity in their capital structure, and the role of uninsured debt by making it more desirable for creditors to monitor bank management.
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.
The second piece of information a credit report provides is about credit inquiries by creditors, whether soft (when you get pre-approved for a line of credit) or hard (when you apply for a line of credit and the creditor pulls your credit report).
Its creditors have agreed to restructure some of this debt in return for equity, which will reduce the debt by $ 500 million.
A Chapter 11 bankruptcy may keep creditors at bay for a little while but Claire's problems run very deep and are shared by dozens if not hundreds of retail / service chains worldwide.
ATHENS, Greece (AP)-- Greece's left - led government submitted to Parliament late Wednesday a new package of creditor - demanded tax hikes and reforms worth 1.8 billion euros ($ 2 billion), which it hopes to have approved by lawmakers in time for a meeting of European officials next week.
Tokens or «numeric characters» referred to in the document acquired for the purpose of exercising the rights certified by the marker» will be classified in terms of how credit «calculations with different debtors and creditors» and «other income and expenses».
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.
In retrospect, the scheme was clumsy because the manipulation of the gold price was accomplished by the exchange of physical gold for dollars held by foreign creditors who saw the writing on the wall.
On approval, the amount that's ultimately repaid to your old creditors is determined by the credit limit you're approved for on your new card.
Assuming none of these situations apply, creditors are usually «out of luck» for any debts that can't be paid by the value of your estate.
Debt settlement services are mainly offered by for - profit companies that offer to negotiate a settlement with your creditors for a fee.
Credit pulls for loans will affect your credit score in time, but the effects of a credit pull will vary by creditor type.
Greece would have no means for funding, and could end up leaving the Eurozone, not because it was specific strategy on the part of the government or even on the part of the creditors, but again, almost by accident.
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 country is $ 70 billion in debt, schools are closing by the hundreds, and infrastructural services — like the overburdened electricity system — have been overlooked in order to make way for debt payments to Wall Street creditors, according to Juan Cartagena, President and General Counsel of LatinoJustice PRLDEF, a public interest law firm.
Obliging budget deficits to be financed by private creditors seemed to offer a bonanza: being able to collect interest for creating electronic credit that governments can create themselves.
Moreover, covenant - lite loans — high - risk instruments issued by junk - rated borrowers, with few protections for creditors — made up 72.5 % of that total, a record.
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.
This type of credit check is typically done by creditors when they want to see your entire profile in order to approve or decline you for credit when you are applying.
«Christianity is not being attack the devil is a liar / people today will sue by association, irs is coming after me in 2011 after i left my business partner in 2008 he did nt pay them or others creditors they do nt care if you do nt owe it they want the money i own another company, a person give me a bad check for 100.00 he got a attoney in n / c trying to sue me for 4000.00 there was no voilation, but everyone i spoke to said it would be cheaper to offer and settlement / he owed the debt he bouced the check, why should i pay, so its about the mighty green but all liars will have their part in the lake of fire, he without sin cast the frist stone
The Structural Adjustment Programs (SAP) designed and imposed by the global creditor institutions is a typical instrument to create a favorable atmosphere for globalization, which ultimately affects developing countries.
Mr Manos said on Wednesday he would not block a bid by a company related to L Capital to take full control of Jones the Grocer's Australian operations in return for paying off the entity's debt to external creditors.
«It is neither in the interests of the club nor its unsecured creditors for such a ransom payment to be made, particularly where the payment is being demanded by one of the authors of the club's current circumstances.
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