Sentences with phrase «case of debt default»

Related Posts Between University and Career is JobSTART101 How social media can break big banks Thanks for a great 2009 from Cube Rules Resume Tip: Why saying a proven track record of success is worthless 5 actions employees should take in case of debt default.

Not exact matches

In case of a serious default, one in which the U.S. postpones or suspends any debt payments, «Canadian yields could actually drop as a result of both the economic slowdown and safe - haven flows,» Shenfeld wrote in a recent research note.

In this case, it's perfectly acceptable to request that your lender reports the settlement as a paid - in - full account instead of a settled debt, or to remove the default label from your credit report.

Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.

Also, when you cash out your equity to pay unsecured debts, you are actually exposing yourself as you stand the risk of losing your property in case of default.

sorry this is a bit of the subject does anyone know what the situation with our overall debt is at the moment and what our repayments are i was under the impression that we are at about the # 245 million mark gross debt and about # 97 net debt are the stadium repayments lower now or something is the bonds interest dropped lower inprice we were paying something like # 20 - # 30 million in repayments but heard its down to about # 15 million per yr now i know we will have broken throught the # 300 million mark in revenue now i am guessing that contributes more to the transfer funds or if not what makes up the transfer funds in the club i.e deals or match day revenue plus cash in the bank which stands at a high level but must be just in case we might default on a payment we need heavy cash in hand to bail us out this side of the club really intrigues me as it is not a much talked about subject unless you are into that type of area of work or care about the general fianacial outcome of the club does anyone have more insight into our finances would be great to hear from anyone about this matter cheers gonerwineverything (because we are)

Both of those cases are still better than an open collection; that says to someone considering loaning you money that not only will you default, not only will they have to write it off, not only will the collections agency make less profit... the collections agency is unlikely to see ANYTHING from this bad debt and may not even agree to buy it.

Secured Debt A debt that protects the lender from loss in the case of default by securing it with valuable propeDebt A debt that protects the lender from loss in the case of default by securing it with valuable propedebt that protects the lender from loss in the case of default by securing it with valuable property.

Also, when you cash out your equity to pay unsecured debts, you are actually exposing yourself as you stand the risk of losing your property in case of default.

Therefore being a homeowner reduces the risk involved in the transaction for the lender because there is a property of significant value which can be sold to repay the debt in case of default even if they have to wait for a long legal process.

In case of default, the lender goes after the buyer who assumed the loan and — if that buyer can not pay off the debt — the lender then goes after the original borrower.

Secured debt has some form of collateral that the creditor can repossesses in the case of payment default.

In the case of default, creditors with unsubordinated debt would get paid out in full before the junior debt holders.

With unsecured debts, there is nothing «attached» to the extension of credit to be used as repayment in case of default.

In case of default, terms of collection of the outstanding debt should clearly specify the costs involved in collecting upon the debt.

In case of default, terms of collection of the outstanding debt should clearly specify the costs involved in collecting the debt.

represents the perfect hedge for the Euro debt crisis — if we sail through the crisis, the fundamental case I outlined remains, while if everything goes horribly wrong (increasing budget deficits, debt restructurings, defaults, Euro ejections / withdrawals etc.) that will be even more reason for investors to flee to German assets, the hard core of the Euro and Europe.

Although it's not a common practice, lenders of title loans can turn your case over to a collection agency if you default on payments, so read on to find out about what debt collectors can not do:

When junk grade default rates move up, it is typically for three years or so, and in this case, we have more low - rated debt as a percentage of the market than at any time in the past.

The primary consumer protection problem areas that have given rise to the States» actions include: (1) unsubstantiated claims of consumer savings; (2) deceptive representations about the length of time necessary to complete a debt relief program; (3) misleading or failing to adequately inform consumers that they will be subject to continued collection efforts, including lawsuits, and that their account balances will increase due to extended nonpayment under the program; (4) deceptive disparagement of consumer credit counseling; (5) deceptive disparagement of bankruptcy as an alternative for debtors; (6) lack of screening and analysis to determine suitability of debt relief programs for individual debtors; (7) the collection of substantial up - front fees so the debt relief company gains even if it fails to perform; (8) lack of transparency and information for consumers as to payment of fees, status of accounts, and communications with creditors; (9) significant delays in active negotiation or engagement with creditors, coupled with prohibitions on direct consumer communications with creditors; and (10), in the case of debt settlement companies, basing savings claims (and settlement fees) not on the original account balance, but on the inflated amount due (including late fees and default rates of interest) at the time of settlement.

Debt is not particularly the problem this time around, as the prior default rebased debt to a manageable level, but inflation is clearly understated in official statistics and threatening to get out of control, as is the case with some other key government and country ratDebt is not particularly the problem this time around, as the prior default rebased debt to a manageable level, but inflation is clearly understated in official statistics and threatening to get out of control, as is the case with some other key government and country ratdebt to a manageable level, but inflation is clearly understated in official statistics and threatening to get out of control, as is the case with some other key government and country ratios.

The rate of default in these cases fluctuates between 65 and 80 percent, and 87 percent of all defaults in Utah are in debt collection cases.

• 75 percent of debt collection cases default.

In the case discussed in the article, the District Court Appellate Division had ruled that a foreclosure and subsequent sale were invalid as a result of the foreclosing bank sending the borrowers a notice of default and acceleration of the debt before the bank had been assigned the mortgage.

Still, the case reveals the potential for Ontario's franchise legislation, the Arthur Wishart Act («AWA»), to prevent creditors and assignees of debt to obtain a defaulting franchisee's collateral.

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..

Ever since 2008, more and more cross border disputes I was instructed on were debt collection cases, and most of them were, not just some simple default in payments, but resulted from the financial crisis the whole world was facing, which made such disputes a lot more complicated than they should have been.

You go through the whole process of getting approved, and then the bank basically turns around and says, «well, we're a little nervous about all this debt (the loan), so you need to pay for private mortgage insurance, in case you default.»