Sentences with phrase «cancelling such debts»

So cancelling such debts was the way to preserve economic balance and stability.

Not exact matches

Any attempt to cancel some category of debt, say government debt or personal mortgages, would immediately drive those financial intermediaries holding such assets, e.g. banks, pension funds, investment trusts, into insolvency.
In such cases rulers cancelled debts that were owed.
Borrowers who work in a low - income school or in subject areas their state designates as in critical need, such as math and science, qualify to have a percentage of their Perkins debt canceled each year for five years until all of the debt is forgiven.
LEGO Education may prior to receipt of payment for such order, suspend or cancel any accepted order from a customer, which LEGO Education reasonably believes to be unable to pay it's debts as they fall due.
Paying off student loans takes years, so it's good to know options that can help you out.One such option is student loan forgiveness for federal employees.The government cancels out any unpaid debts of qualified employees.However,... [Read more...] about Student Loan Forgiveness for Federal Employees
Since debt consolidation loans are meant to be used to cancel outstanding debt, the interest rate charged for such loans tends to be significantly lower than the average rate of the outstanding debt.
Even those with a mortgage due on their home already can use the equity on their property to obtain a home equity loan with a low rate of interest and use the money to pay and cancel more expensive debt such as credit card balances, pay day loans, etc..
When the account in question does not have a history of delinquency, the debt may be excluded with satisfactory evidence the obligation was paid out of company funds (such as 12 months cancelled company checks).
The settlement also requires DeVry to cancel $ 20.25 million in debts owed to DeVry University by eligible students for things such as tuition, books and lab fees.
Interest is charged on outstanding amounts such as unpaid tax debts and shortfall amounts, but we can generally remit (reduce or cancel) interest charges where it is fair and reasonable in the circumstances.
In such cases, the IRS may either accept a smaller amount or cancel the debt entirely.
If you are putting a percentage of your income aside on a regular basis for some type of saving scheme, then you might need to consider canceling that saving plan until you have managed to reduce your debt to such an extent that you are able to cover your costs with your income.
In the event you do not fully meet a settlement obligation, we may, without further notice, take action, including but not limited to: liquidating or canceling the transaction; transferring securities or money from any other of your Accounts; liquidating securities from any such Accounts and applying the proceeds from such sales to your debt or liability to us; and purchasing or borrowing securities to make delivery.
However, this moral and legal obligation to pay just debts must be balanced by such considerations as the need for compassion and the call to cancel debts at reasonable intervals.Your pastor or minister may advise you on the interpretation of Scriptural passages and how they apply to Bankruptcy.
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