Sentences with phrase «case of business debts»

Not exact matches

In that case, your capital outlay could create a burden (in leasing fees, debt payments, or depletion of precious cash) great enough to sink the business.

In this issue, Inc. showcases a contingent of company builders who started their businesses with notably distinct — and in at least one case, debt - ridden — portfolios.

Debt interest costs are fully tax deductible as a business expense and in the case of long term financing, the repayment period can be extended over many years, reducing the monthly expense.

Unlimited liability: This means that in case the business runs bankrupt, the assets of the business owner will be sold to clear off the debts.

In that case, the new cable business, Scripps Network Interactive, got $ 325 million of the debt and E.W. Scripps, the new newspaper / broadcast entity, got $ 50 million of it.

In these cases, lenders are most likely to renegotiate the terms of the loan or write off the debt altogether — although this can severely affect you and your business» ability to receive future credit.

Speaking to BusinessDay from New York, where he is meeting with key US importers and distributors who handle the bulk of the 12 million cases a year the Griffith - based winery produces, Mr Casella hit out at recent reports, including one in The Wall Street Journal, that portrayed the business as mired in financial woes due to its first reported loss in 20 years and a breach of its debt covenants.

Debt interest costs are fully tax deductible as a business expense and in the case of long term financing, the repayment period can be extended over many years, reducing the monthly expense.

In these cases, lenders are most likely to renegotiate the terms of the loan or write off the debt altogether — although this can severely affect you and your business» ability to receive future credit.

In New York, Robins has found, «The court expects the lawyers to do the same amount of legal work whether the case involves a $ 5,000 consumer credit card debt or a $ 1,000,000 Chapter 11 [business bankruptcy] turnover action.»

In both consumer bankruptcy and business bankruptcy cases, the dischargeability of debts is one of the major issues that must be reviewed.

The money you borrow in this case to run the business would be considered consumer debt even though it would be under the auspices of doing business.

Low debt - to - equity ratio suits companies operating under volatile and unpredictable business environments as they can not afford financial commitments that they can not meet in case of sudden downturns in economic activity.

In this case, with their basic lack of fiduciary duty / intelligence in stacking up such an unsustainable mountain of debt, and then when faced with the looming end - result, their apparent inability to deal with or even recognize the bloody problem... You just can't run a business for growth when you're in this much financial distress.

In such cases, the lender must give careful consideration to the nature of the borrower's level of experience, and the amount of debt the business has acquired.

Many intangible factors should also be noted into the valuation in the case of Berkshire, such as its conservative accounting, its cash position / reputation / lender of last resort before Fed (therefore ability to make certain unique investments in preferred / debt, or easy financing for targeted companies such as Burlington), its portfolio of excellent businesses that each commands a huge premium if they were to be sold in the market, etc..

The stock is the longer asset, because the cash flows of the business in question potentially stretch far longer than the maturity of the corporate debt, at least in most cases.

The Administrative Office of U.S. Courts classifies a bankruptcy case as non-business or business based on the nature of debt.

If you form this type of entity, members of the company are not held personally liable for business debt or liability (in most cases).

As well as handling debt recovery matters for commercial businesses in the environmental, recruitment and software sectors, the practice also adept with vehicle finance cases, advising multiple international automotive brands as well as vehicle financiers on a full range of debt recovery issues.

Aaron Street: Yeah I mean I think this can be taken too far, so if you had an example like Brad where he only represents criminal defendants and therefore there's no risk of him having a conflict come through the site when he's getting actual information about actual cases, but you could see in a litigation, let's say a family law lawyer, if their website were trying to collect information to provide tools as both an intake and access to justice solution that you potentially run into tremendous conflicts of interest problems there and I think obviously any lawyer considering pursuing this for their firm should think through the implications of their particular situation, but I think what Brad's doing is awesome in the context of his criminal law practice and I think there are versions of a similar model that could be used in something like your debt collection defense practice or a small business startup practice or an estate planning practice, but that doesn't mean that it's a model that should be replicated by every lawyer in every practice.

In the first case, the person is liable for all the debts of the business, in the second case, providing they have fulfilled the legal duties as am owner / director (as applicable) they are not liable for the debts of the company.

Unfortunately, there are times when a business simply does not have sufficient income to reorganize its debt obligations, and a Chapter 7 liquidation is appropriate; the business closes its doors on the date of the bankruptcy filing, and the Chapter 7 that is appointed to the case liquidates the remaining assets to pay creditors on a pro-rata basis.

I ease my clients» worries by giving them clear paths to resolution in cases of debt relief, wills and trusts, business law for small commercial enterprises, nonprofit representation and tax law.

Recently, Orr & Brown obtained a jury verdict of over $ 500,000.00 on behalf of a local business client in a case involving complex legal issues, defeated a claim brought by a large materials supplier that a former corporate officer was personally liable for the debt of a defunct corporation based on a signed personal guaranty, and successfully negotiated a high - profile «business divorce» between 2 owners of a very lucrative and profitable North Georgia business.

Kristen's litigation experience includes representing individual and corporate clients in cases involving claims of breach of contract, consumer fraud, unfair trade practices, violation of federal and state credit reporting laws, violation of the Fair Debt Collection Practices Act, professional negligence, business torts, employment discrimination, wrongful termination, violation of wage and hour law, and violation of non-competition and confidentiality agreements.

Starting from the bottom: with regard to Argentina — there is no mention of the military junta in the mid-70s, nor the 30,000 (at the least) torture and killed, nor of the mothers and grandmothers walking for 20 or more years in silence protesting the killings in a Bueno Aires plaza, nor is there is mention of the billions of dollars of US military aircraft and other weapons (as well torturing equipment for sending high to low charges of electricity through various parts of the body (private parts though preferred, as they say), but sold to the junta in power which weighs heavily in the total external debt, nor of the wholesale and retail sale of government agencies or corporations, and of the rights of water (in the 1990s), and the default of the government on various debts and contracts: 40 or more cases before the courts and ICSID — seems the sanctity of the contract and personalty of the international organization is a barrier to putting an end these very crooked and immoral business transactions, etc..

Represented national financial institutions and loan servicers in consumer - initiated cases involving allegations of wrongful nonjudicial foreclosure practices, fraud, unfair business practices and violations of the Fair Debt Collection Practices Act, as well as claims arising out of Retail Installment Sale Contracts.

Life insurance can provide your family and business with financial stability in case of emergenceis to cover outstanding debts.

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Mr. Murtha has written and taught on the subjects and has successfully litigated cases in defense of consumers» rights, protecting them from the unfair practices of debt - collection agencies, creditors, automobile dealerships, banks, student loan companies and other businesses in both state and federal courts.

Complex cases with several special issues, such as multiple pieces of real estate, businesses, retirement and pension transfers, lump sum or periodic alimony, extensive debt, tax liability, college or special need expenses, as well as others, may cost more.