Sentences with phrase «common joint debts»

This is an option when two people, usually spouses or ex-spouses, have common joint debts.

Another common joint debt scenario may be a couple with a loan who have recently separated.

Not exact matches

A common misconception is that joint debts need to be handled individually by filing separate insolvencies.

While the most common approach when debts are substantially the same between spouses is to file a joint consumer proposal we have seen cases where:

If two people, such as a husband and wife, have common debts, they may file a joint consumer proposal, provided their debts (excluding mortgage) do not exceed $ 500,000.

It is important to keep in mind that when you open a joint account with your spouse, you are accepting responsibility for that debt whether you live in a common law or community property state.

Common examples of joint debt between two people are a home or credit card where both spouses applied for the loan or a tax return that was filed jointly.

Sometimes called joint debts, common examples would include joint credit cards, or a loan that you both signed as co-borrowers.

The parties have accumulated certain community, joint and common property and debts during the coverture of the marriage which should be equitably divided.

Such factors include, but are not limited to: the Company's ability to meet debt service requirements, the availability and terms of financing, changes in the Company's credit rating, changes in market rates of interest and foreign exchange rates for foreign currencies, changes in value of investments in foreign entities, the ability to hedge interest rate risk, risks associated with the acquisition, development, expansion, leasing and management of properties, general risks related to retail real estate, the liquidity of real estate investments, environmental liabilities, international, national, regional and local economic climates, changes in market rental rates, trends in the retail industry, relationships with anchor tenants, the inability to collect rent due to the bankruptcy or insolvency of tenants or otherwise, risks relating to joint venture properties, costs of common area maintenance, competitive market forces, risks related to international activities, insurance costs and coverage, terrorist activities, changes in economic and market conditions and maintenance of our status as a real estate investment trust.