Sentences with phrase «by your creditor which»

However, unless a class action is brought, or the 3 credit agencies decide to put a notation on accounts that were dropped by creditors which then hurt fico scores, we are screwed.

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.

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.

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.

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.

At its worst, the 1,850 - room hotel and its 60,000 - square - foot casino was estimated by creditors to be worth at least US$ 360 million, thanks to its historic brand and high - profile location next to the MGM Grand (which was built on the Trop?s former golf course).

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.

The firm may not be willing to tell you, but your state society of CPAs can direct you to the appropriate state agency, which can tell you whether any formal complaints have been lodged against the firm, by either clients or creditors.

Simply by taking a responsible approach, paying what you can and working with your creditors, you can almost always keep your delinquent accounts out of collections, which will protect your credit and save you a fortune.

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.

So it needs to restructure its debts, and creditors are going to get their heads handed to them, and a bankruptcy filing is now the chosen mechanism by which to do this.

Five years of failed austerity policies in Greece and a total breakdown in trust between the leftwing Syriza alliance and the political leaders of its creditors climaxed in a national vote in which Greeks said no to the spending cuts and tax increases demanded by its lenders...

Its creditors have agreed to restructure some of this debt in return for equity, which will reduce the debt by $ 500 million.

When you identify the original creditor, please provide any other name by which I might know them, if that is different from the official name.

Apparently the present owner, Apollo Global Management, has reached a deal with Claire's creditors, which include at least four large capital management firms, by which the creditors will take control of the ailing retailer.

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.

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.

The framework of the deal, which you can read in this formal statement issued at the end of the latest conference, does make progress in helping Greece bring down its debt level by potentially inflicting losses onto official creditors.

FTI said the EziBuy proposal would deliver the best overall return to creditors and had less execution risk than the Cheadle DOCA, which is backed by SurfStitch's management team, led by Justin Hillberg, SurfStitch co-founder and creditor Lex Pedersen and other large shareholders.

A downgrade on debt issued by the United States would have less severe consequences than a default, which takes places when a government fails to pay its creditors.

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.

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.

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.

Greeks have witnessed discussions shift from $ 1 billion in additional measures (last proposal put forth by the New Democracy - PASOK government following demands from creditors), to over $ 10 billion in additional measures last month, to today's «Greekment» according to which Greece will undergo harsher austerity (for next three years) than at any other point since the crisis began.

The OTB plan, offered by Gov. David Paterson, calls for the New York Racing Association, which operates tracks including Saratoga, and other creditors to take over New York City OTB's phone and Internet betting operations.

«I say with all the strength at my disposal that a cheque drawn by Woyome in favour of the Economic and Organized Crime Office, which was not a party to the action or the judgment creditor, can not be a cheque in part payment of the unconstitutional monies ordered by the Court to be refunded to the Republic.

In addition to having the support of the Creditor's Committee, the labor unions representing OTB employees reached agreements earlier this fall which were ratified by their members.

Newsday has reported that Mehta secured the position, which paid $ 79,000 a year, despite a checkered financial past that includes a home foreclosure, two bankruptcy filings, a tax lien and lawsuits against him by creditors who allege that he owes thousands of dollars in unpaid bills.

For those who don't know, the Paris Club Refunds are monies legitimately belonging to states which were over deducted from the accounts of the states for the settlement of the debt owed by the country to the Paris Club of creditors under the scheme worked out by the Obasanjo administration.»

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.

You acknowledge that Section 1542 provides that: «A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH, IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR.»

The company reached a deal with creditors to enter Chapter 11 bankruptcy protection, which will cut their debt by $ 300 million.

A consumer proposal is approved if a majority of creditors (based on the dollar value of proven claims) vote yes after which it is approved by the Court.

Bankruptcy will not normally wipe out: (1) money owed for child support or alimony, fines, and some taxes; (2) debts not listed on your bankruptcy petition; (3) loans you got by knowingly giving false information to a creditor, who reasonably relied on it in making you the loan; (4) debts resulting from «willful and malicious» harm; (5) student loans owed to a school or government body, except if the court decides that payment would be an undue hardship; (6) mortgages and other liens which are not paid in the bankruptcy case (but bankruptcy will wipe out your obligation to pay any additional money if the property is taken back by the creditor).

You pay off your existing creditors with the new loan and thus, replace your multiple bills with a single loan, which you have to pay by making single monthly payments.

There is also the matter of FICO's chief rival, VantageScore, which is in use by about 10 % of creditors.

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.

With all the information they obtain from creditors, credit bureaus generate your credit report which includes a credit risk formula by which your lenders obtain your credit score.

«When a consumer is unable to meet their regular monthly debt payments, our agency as well as other (accredited agencies), may establish a DMP to help the consumer manage and pay off their unsecured debt by having the consumer deposit a monthly payment into a (trust account) which, in turn, is distributed to their creditors,» Hannah says.

Additionally, any payment on a debt which qualifies as one of the above payment can be taken back by the trustee and given to the rest of your creditors.

The lesson learned is that the only way to achieve an almost guaranteed long - term plan to get out of debt is generally to use bankruptcy or credit counseling, which is a defined process with known results, or to take all the creditor offers at the moment and develop a plan to meet those offers by altering life to do that.

Analysts and creditors will often use the current ratio, (which divides current assets by liabilities), or the quick ratio, (which divides current assets minus inventories by current liabilities), to determine whether a company has the ability to pay off its current liabilities.

Lastly, the Act provided a means by which debtors may dispute and validate the debt claimed against them by the debt collector and or original creditor.

The time begins from the day you fail to abide by the agreement or contract with the creditor, which typically means when you fail to make a monthly payment as required.

You might also want to set up your business as an S corporation or limited liability company, which can protect your personal finances from claims against your business by creditors.

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.

Debt settlement programs are usually provided by for - profit companies, which negotiate with your creditors to settle your debt for less than what you owe, paid in a lump amount.

Creditors value this type of borrowing and reward Sally by offering her more credit, increasing her credit limits, which permits her to spread her balances across several cards.

The type of data they provided is called customer management which helps the creditor provide new products to their customers without taking on additional risk by providing the creditor with their customer's credit activity and trends, The credit bureaus also provide data to help the creditors acquire new clients.