Sentences with phrase «by creditors in»

Represent Republic of Argentina in litigation over attempts to execute judgments obtained by creditors in connection with distressed debt.

Assisted in advising on the validity of debentures challenged by creditors in the context of an administration (as a pupil)

Homestead exemption laws prevent the sale of a borrower's home by their creditors in satisfaction of a debt.

So, the TrueCredit score is another «educational» score that is NOT used by creditors in evaluating you for credit.

Liability protection doesn't work in that direction because you're the owner of the LLC, and so the assets of the LLC are still considered yours and their value of the LLC as a whole would be considered by creditors in cases of bankruptcy.

The opitons include making payments as requried by the creditors in question, negotitating directly with the creditors to find a reasonable schedule for repayment, a consolidation loan, credit counselling, a consumer proposal, or even the filing of a bankruptcy.

Secured debts get their name from the fact that the loan is secured by collateral — the mortgage on your home, for example — that can be seized and sold by your creditors in the event that you default on your payments.

If you are using one of the free credit score reporting services, such as those from Credit Karma and Credit Sesame, then you know what you get isn't FICO scores that were developed by Fair Isaac Corporation and are by far the widely used scores by creditors in determining a borrower's credit worthiness.

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.

I have analyzed every dischargeability lawsuit (adversary proceeding) filed by a creditor in Rochester and Buffalo since 2007, and have identified those creditors most likely to ask for a debt to be excepted from discharge see my blog January 2, 2011.

(2) Subject to any agreement between them, the creditor shall be entitled to be indemnified by the supplier for loss suffered by the creditor in satisfying his liability under sub-section (1), including costs reasonably incurred by him in defending proceedings instituted by the debtor.

Income from pensions, annuities or part - time employment may not be excluded by a creditor in evaluating a consumer's creditworthiness.

Not with standing any agreement to the contrary between a debtor and a creditor, any charges made or incurred by a collection agency or incurred or made by a creditor in employing a collection agency or agent to collect the debt shall be deemed not to be a part of the amount owing by the debtor and shall not be recoverable by the creditor or by the collection agency or agent acting on behalf of the creditor..

The answer depends on your own behaviors, as well as the policy followed by the creditor in question.

However, consumers may not understand that a third - party loan originator will be paid by the creditor in connection with the transaction, and thus, the disclosure of such compensation may aid consumer understanding of the transaction.

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.

Through the deal, Ten's biggest creditor has thwarted a takeover by a consortium led by Lachlan Murdoch — co-chair of CBS rival and fellow Ten creditor News Corp (nwsa)-- that was widely expected after Ten entered administration in June.

«The fact that you have a bankruptcy where the only asset that it owns goes up by 5,000 %, that's pretty unprecedented,» says Daniel Kelman, a lawyer and Mt. Gox creditor who spent a year in Tokyo working on the case.

Have your credit application form reviewed by an attorney specializing in creditors» rights to make sure it is in line with your state's regulations.

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.

The writedown came late in the quarter after a Dec. 22 decision by Portugal's central bank that effectively wiped out certain Banco Espirito Santo creditors.

Iron ore miner Pluton Resources has settled proceedings against junior secured creditor Rizhao Port Group Logistics, which includes the removal of receivers appointed by Rizhao in disputed circumstances last month.

In a mellifluous baritone, Thicke promises Cambridge can persuade creditors to reduce their outstanding balances by substantial amounts.

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.

If approved by a federal judge, the bankruptcy would force Detroit's thousands of creditors into negotiations with Orr to resolve an estimated $ 18.5 billion in debt.

If this is not done, and the corporation's financial stability is put in jeopardy by the payment of dividends, the directors can, in most states, be held personally liable to creditors.

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.

In the case of more traditional financial institutions, creditors have to abide by the Credit Practices Rule, which states that any financial institution, auto dealer, retailer or credit union must advise consumers about their legal obligations and more.

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.

Jacobs worked on Globalstar, one of the earlier satellite communications projects that never made it big, went bankrupt in 2002 and later was revived by creditors.

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.

A creditor shall allocate the entire amount paid by the consumer in excess of the minimum payment amount to a balance on which interest is deferred during the last 2 billing cycles immediately preceding the expiration of the period during which interest is deferred.

Loans held in portfolio by the creditor and its affiliates would also be excluded from the amount.

The Lehman failure was significant because it was the first time in the crisis that losses were incurred by creditors of a major financial institution.

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.

The company, one of the oldest firearms manufacturers in the country, will be owned by creditors including JPMorgan.

Tsipras has also insisted that debt relief must form an important part of the package, but a statement by Eurozone leaders on Monday said only that further measures might be taken provided Greece adhered in full to the reforms demanded by its creditors.

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».

And, if there is something you feel requires additional information to describe an extenuating circumstance or otherwise provide context to something negative on your report, additions made to the Fair Credit Reporting Act in 1996 allow you to add a 100 - word statement to any of the reports that include an item you dispute but wasn't removed because it was verified by the creditor.

Controversial reforms Greece promised to pass into law by Wednesday include reforming the VAT system, overhauling pensions and signing up to plans that ensure immediate spending cuts in the event of breaching creditor - mandated budget targets.

Often, business owners can optimize cash flow by negotiating longer payment cycles with creditors and encouraging debtors to pay in shorter time periods.

The relief, the IMF, says must be provided by European creditors while the IMF is repaid in whole.

Money can enter the company via investment by the owners or shareholders, or investment via creditors in the form of loan.

Savers / creditors load tangible capital assets and real estate down with debts that in many cases are not repayable except by transferring ownership to creditors.

The closing of the doors took place in a very low - key way: there was no formal declaration of any capital controls, but the Korean banks could obtain foreign exchange only by going to the central bank, so the central bank could strengthen the banks» bargaining position vis - a-vis the creditors by simply not making foreign exchange available to them.

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.

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.