Sentences with phrase «collect on that debt as»

Oyster Bay is seeking to collect on that debt as it faces what the state comptroller's office has called «severe fiscal stress.»

Not exact matches

But in the 1920s the Allies imposed an unpayably high reparations burden on Germany — largely to obtain the foreign exchange to pay the Inter-Ally arms debts that the U.S. Government insisted on collecting, rather than forgiving these debts as allies traditionally had done among themselves upon achieving victory.

We assume, manage and collect the financed debts, as well as provide clear, accessible reporting to keep you up to date on the process.

To simply take the property taxes levied today and add a debt service figure to it, as has been suggested by a local taxpayer watch group, ignores both the issuance over several years, as well as the debt that is scheduled to be retired in the coming few years, on which that tax will no longer be collected.

The Attorney - General is now bent on executing the judgement of the Supreme Court which went in favour of Mr. Amidu to recover the Ȼ51.2 million collected as judgement debt from Mr. Woyome through any means possible.

As much as I like romantic comedies and action adventures films, I love watching some scary movie late at night and then wandering around till dawn making sure the windows are shut and that creak I keep hearing isn't some spawn of Satan looking to collect on that gambling debAs much as I like romantic comedies and action adventures films, I love watching some scary movie late at night and then wandering around till dawn making sure the windows are shut and that creak I keep hearing isn't some spawn of Satan looking to collect on that gambling debas I like romantic comedies and action adventures films, I love watching some scary movie late at night and then wandering around till dawn making sure the windows are shut and that creak I keep hearing isn't some spawn of Satan looking to collect on that gambling debt.

As a former banker, Aaron was intrigued that so many people in his midst were toiling to collect on debts that his employer — the bank — had given up on and sold to debt buyers at huge discounts.

Your overdraft might also appear on your credit report if the bank writes off your debt, such as if the amount of your overdraft is negligible and not worth the time and expense involved in trying to collect it.

That means these consumers weren't just late on their payments — they were so late that the creditor hired a debt collector to collect the money or wrote the debt off entirely as a loss.

Yet they try to collect the full amount from consumers or will be «generous» as they «want to help you», and will offer a 50 % discount off of the old delinquent debt they bought for 5 % on the dollar.

Debt validation is forcing a debt collection company to prove that the debt collection company is abiding by the federal laws such as the Fair Debt Collection Practices Act (FDCPA), reporting accurate information, and maintaining all of the documentation required by federal laws to collect on a dDebt validation is forcing a debt collection company to prove that the debt collection company is abiding by the federal laws such as the Fair Debt Collection Practices Act (FDCPA), reporting accurate information, and maintaining all of the documentation required by federal laws to collect on a ddebt collection company to prove that the debt collection company is abiding by the federal laws such as the Fair Debt Collection Practices Act (FDCPA), reporting accurate information, and maintaining all of the documentation required by federal laws to collect on a ddebt collection company is abiding by the federal laws such as the Fair Debt Collection Practices Act (FDCPA), reporting accurate information, and maintaining all of the documentation required by federal laws to collect on a dDebt Collection Practices Act (FDCPA), reporting accurate information, and maintaining all of the documentation required by federal laws to collect on a debtdebt.

At the end of the process, the bankruptcy court issues a discharge that operates as a permanent injunction preventing creditors from seeking to collect on debts that were included in the bankruptcy.

Debt collectors get paid when they collect on delinquent accounts; either as a percentage of what they've collected or after purchasing the debt outriDebt collectors get paid when they collect on delinquent accounts; either as a percentage of what they've collected or after purchasing the debt outridebt outright.

As many of you probably already know, this means that you will have a debt collector calling and writing to you in an attempt to collect on the debt.

As soon as you file for bankruptcy, you are granted an automatic stay, which stops creditors from harassing you and trying to repossess, foreclose or collect on the debAs soon as you file for bankruptcy, you are granted an automatic stay, which stops creditors from harassing you and trying to repossess, foreclose or collect on the debas you file for bankruptcy, you are granted an automatic stay, which stops creditors from harassing you and trying to repossess, foreclose or collect on the debt.

This is not the case with third - party debt collectors, who purchase and profit on the right to collect debts that have been charged - off and written off as a loss by the original creditor.

So filing bankruptcy (depending on the debts owed) may not prevent certain actions by the IRS, lawsuits to collect support payments, certain types of criminal restitution actions, and loans from a pension account such as an IRA.

RIP - OFF ALERT: Debt - settlement firms are allegedly masquerading as law firms and collecting retainer fees with the promise of reducing credit card debt to pennies on the dollDebt - settlement firms are allegedly masquerading as law firms and collecting retainer fees with the promise of reducing credit card debt to pennies on the dolldebt to pennies on the dollars.

Lenders who have already filed to foreclose on your home are only temporarily stalled, and other debts such as mortgage liens can be collected after the case is concluded.

Lenders are prohibited from trying to collect on discharged debt, including by incorrectly reporting your loans as past due or charged off in order to coerce you into paying.

Some debts don't get removed from databases when payments are made to close them out, and as such some debt collectors try to collect on debts that were once in default, but paid off in a compromise.

As you spend on your credit card, your debts will also begin to collect interest if you're unable to pay the whole balance back by the end of the statement or interest - free period.

Most debt collectors receive a certain commission percentage that depends on the amount of money that they collect — which means they want the rehab amount to be as high as possible.

Collection agencies may make the offer as soon as they assume responsibility for collecting on the debt.

The acceptance of the payment will serve as a complete discharge of all monies due, and the COLLECTION AGENCY agrees to consider the debt paid in full and agrees to not take further action to collect on the alleged debt.

As noted in this recent New York Times article, however, a number of creditors and debt buyers are allegedly attempting to collect on discharged debts.

How much of this debt would be suitable to report to credit bureaus could depend on the purpose of the reporting proposal, such as to collect more debts or simply to inform other potential creditors of the existence of tax debts.

This system collects information from your credit report on your previous credit experiences, such as your bill payment history, the amount and type of accounts you have, whether you are timely in paying your bills, collection actions initiated against you, outstanding debts and the seniority of your accounts.

I've collected on credit cards, utility bills, emergency room debt, auto deficiencies as well as almost any other type debt you can imagine.

I understand that the IRS has 10 years to collect on the debt, my question is can the IRS outright waive the loss of $ 250K as some sort of a collateral so that I can no longer use it as tax deductible in the future?

There is a process for the lender to dispute the claim of debt as unsecured, but if the petition is denied they can not collect on that debt.

Street Capital collects personal information from you, from your interactions with us and from other sources in order to make credit decisions about potential customers, to confirm identity and to prevent fraud, money laundering and other criminal activity, to understand customer needs, to determine suitability or eligibility of products and services, comply with applicable laws, collect on outstanding debt as well as to administer or service our products and services.

Filing for bankruptcy in Minnesota can be overwhelming: collecting information, completing paperwork, and navigating the bankruptcy process on your own can be just as stressful as being in debt!

If the debt shows as written off but will still show on your credit report for longer than a few months, collect all of the funds together to completely pay it off before making contact with the lender.

When I started to put together an article on credit card debt problems that so many people face, I decided to put all of my best ideas and thoughts down on paper and then collect other articles related to credit card debt so that you could use this article as a sort of one stop shop as you deal with credit card debt problems.

If you defaulted on student loans that you took out from a private lender, such as Sallie Mae, Navient, National Collegiate Student Loan Trust, then they will use their vast debt collection resources and teams of attorneys to sue you to collect the debt.

Lenders, who have already tried to collect their debts over a period of time and failed, write the debts off as losses on their income taxes.

The complexity of the student loan programs leads to confusion about who is collecting on a debt, and makes it easy for an independent collector to misrepresent itself as the government.

At this point all attempts to collect on your debts must cease as it is against the law.

As a result, unreliable records are used to collect or bring suits on debts that can not be substantiated, are inaccurate in amount, or may not be owed by the consumer.»

If the home is used as your primary dwelling, the creditor can only collect on the amount (after other primary debts like mortgages are paid) that is not exempted by the homestead exemption (a fixed dollar value in statute - currently $ 390,000), which makes forcing the sale of your home an unattractive one for the creditor.

Not so in Chicago where a two individuals represented themselves as Chairman and President of a management company, collected monthly fees from 250 unit owners in 40 condominium associations from 2005 to 2008 and used approximately $ 2 million dollars of those monthly fees to pay a personal debt of theirs on a development project.

For the most part, however, because enforcing debts against state governments is so difficult, transactions are structured as much as possible to prevent the need to enforce debts in that way through (1) legal limitations on governmental liability, (2) legislative budget rules requiring interest on debt and currently due principal payments to be made first, (3) third - party bonding of state and local governmental construction projects, (4) the creation of publicly owned corporations whose debts can only be collected out of the corporation's assets and revenues, and (5) avoidance of trade credit obligations by paying bills in cash.

«Forcing a debtor into bankruptcy as a means of trying to collect on a debt is prohibited by federal law,» said Brandon bankruptcy lawyer O. Reginald Osenton.

«These amounts provided for as bad debts are not written off, but continue to be monitored until collected or confirmed as uncollectible,» says a brief report on the issue to Convocation.

As your new salary starts to fill up your debit account, make sure you catch up on all the debt you might have collected along your job search journey.

KEY QUALIFICATIONS • Three years of collections and customer service experience • Highly skilled in collecting on Past Due customer accounts, including resolution of discrepancies • In - depth knowledge of different collection methods and severance process • A strong desire to continually elevate the performance of the business as a matter of satisfaction • Knowledge of Fair Debt Collection Laws.

If the trustees have to try and collect levies on their own it often leads to friction within the scheme as a neighbour and possible friend becomes the debt collector.

The question of whether an attorney is regularly engaged in debt collection is made by courts on a case - by - case basis, with courts looking at factors such as percentage of revenue generated by the debt - collecting activities; the volume of debt - collecting activities; and whether the attorney has an on - going relationship with a collection service.

It regulates collections made by third parties, such as attorneys, on behalf of another, but it does not apply to the activities of a creditor collecting debts on its own behalf or to the creditor's employees.