Sentences with phrase «cover the debt of»

It's a near certainty with the island likely to record its first default on August 1st (the commonwealth failed to make the necessary deposit to cover debt of its Public Finance Corporation due August 1st), and with the governor's Economic Recovery Working Group expected to make reform recommendations by August 30th.
In other words, it's up to each school district, and by extension the community that agrees to its budget, to figure out how to cover the debts of kids who can't pay for meals.
A sole proprietor's personal assets are not protected and can be seized / forfeited to cover any debts of a failed company.
You can typically take out a debt consolidation loan that will cover debts of up to $ 100,000, a pretty hefty sum of money but it may leave you in a debt for the foreseeable future.
Quite a few have even found themselves filing for bankruptcy because they could not cover the debts of their deceased parents.

Not exact matches

And because of the softening in the market, they haven't been able to find a lender willing to issue them a HELOC large enough to cover their unsecured debt.
A report from MNP Ltd., an insolvency trustee, released in October found 42 per cent of Canadians said they don't think they can cover basic expenses over the next year without going deeper into debt.
«We note Valeant has more than $ 30 billion in total debt and approximately $ 3.8 billion due in 2018 - so the proceeds announced today would cover some but not all of what is due by year end 2018... Valeant has not indicated in its press releases if these deals are dilutive to EPS.
Debt allowed me to cover up a lot of mistakes, and it wasn't until the well dried up that I had to fix those problems and make my business successful.
That shade might include freedom from debts, a secure retirement or the ability to cover the cost of college for your children.
Stashing away other windfalls — gifts of cash, gambling winnings, an inheritance — enables you to cover unexpected expenses, pay off debt or save for retirement.
Lower interest rates, the report noted, could provide some cushion for debt servicing to vulnerable firms with an interest cover between 1 and 1.75 - comprising around 15 percent of the total debt of top 500 listed borrowers in fiscal 2015.
With more square miles (kilometers) than Manhattan, Boston and San Francisco combined, Detroit didn't have enough tax revenue to reliably cover pensions, retiree health insurance and buckets of debt sold to keep the budget afloat.
Majority - owned by Softbank Group, Sprint (s) has spent much of the past year looking for ways to raise money at the lowest possible rates to cover looming debt maturities of its own.
Vancouver paid off its debt in 2014 by selling the village's luxury condos, but a recent report by Business in Vancouver shows that taxpayers got stuck covering hundreds of millions of dollars of debt.
In our example of growth through acquisition, after covering costs, and after paying the debt you used to buy the business, you add cash flow to the bottom line.
Of course, often folks using these services for side - income must pay down debt or use the funds to cover other needs.
Moody's rates the debt of 19 retailers, or 13.5 % of the retailers it covers, as «speculative, of poor standing and subject to very high credit risk» or worse.
Those payments cover both the loan payment to the state and 90 percent of the annual debt service on bonds the city issued to build the arena, city Finance Director Todd Hurley said.
A cash - out refinance enables you to take some or all of that equity out and use it for say, home improvement, credit card debt repayment or to cover an emergency.
Our survey found that consumers accumulate credit card debt for different reasons, including spending above their means, bouts of unemployment and paying for the essentials that their income doesn't cover.
Debt leveraging inflates property prices, creating (6) hopes for capital gains, prompting buyers to take on even more debt in the speculative hope that rising asset prices will more than cover the added interest, which is paid out of capital gains, not out of current incDebt leveraging inflates property prices, creating (6) hopes for capital gains, prompting buyers to take on even more debt in the speculative hope that rising asset prices will more than cover the added interest, which is paid out of capital gains, not out of current incdebt in the speculative hope that rising asset prices will more than cover the added interest, which is paid out of capital gains, not out of current income.
The trio of ETFs, when they launch, will round out Franklin's bond ETF lineup, which already includes a variety of actively managed fixed - income funds covering short - duration U.S. government debt, municipal bonds and the investment - grade corporate debt.
The deduction for mortgage interest would be reduced to cover $ 500,000 of acquisition debt, down from $ 1 million, but interest deductions for existing loans would be grandfathered.
When TIME's cover story was published, millennials were in the fourth year of the «jobless recovery,» facing high unemployment, mounting debt, and an eroded social safety net.
The Bloomberg Barclays U.S. Corporate High Yield Bond Index covers the universe of fixed - rate, non-investment-grade debt.
I would be happy generating 5 - 10k of passive income to reinvest to cover other expenses / debt payments such as my mortgage principle.
If you don't have money set aside for medical or health emergencies — or some type of critical illness insurance plan that covers all costs upon diagnosis — you may end up struggling with medical debt for years to come.
Huge amounts of money have to be laid out for construction, tracts, and equipment, and getting enough money from ticket sales to cover the debt servicing costs is problematic.
A general rule of thumb says it's safe to stop saving and start spending once you are debt - free and your retirement income from Social Security, pension, retirement accounts, etc. can cover your expenses and inflation.
If you can avoid paying interest altogether, you can save money and use your credit card rewards to cover the cost of other bills and debts.
For graduates right out of school who are underemployed or are in low - salary fields, their monthly paycheck is often not enough to cover their living expenses and their debt.
The program will cover all aspects of Crowdfunding including equity, debt / lending, rewards, pre - sale / product, causes, and emerging online models such as royalty streaming.
The World employee said the company had had no choice because Sutton didn't hold up her end of their agreement, Sutton recalled, and then the employee made an offer: If Sutton's available wages in her account hadn't covered her total debt to World after 30 days, the company would unfreeze her account and allow her to start a new payment plan.
A lot of times people might consider borrowing from a lower debt to cover a higher debt or borrowing from a TFSA to make a payment.
then here comes more debt than is even remotely serviceable, which they are able to get away with because of the bankers covering the «brand name» firms.
For those who choose debt financing, remember that you may start repaying a loan in as little as 30 days, so you'll probably have to pay out - of - pocket before your business revenue can cover the monthly payment.
This is a percentage - based comparison between the amount of money you earn each month, and the amount you spend to cover your recurring debts (credit cards, car payments, mortgage payments, etc.).
The country will need to cover a large share of its remaining refinancing needs for the year in October, when more than 20 billion euros in debt comes due.
She knew her attorney husband of 25 years was moving money around to cover some debts.
This is a numerical (percentage) comparison between the amount of money you earn each month, and the amount you spend to cover your recurring debts — such as student loan payments.
Out - of - control spending has increased the US debt to over $ 20 trillion with the US paying $ 73.9 million to China every day just to cover interest on debt owed.
The short take is: We are talking about trillions of dollars that aren't covered in the official budget, most of which hits the treasury market like any other form of debt.
The interest that the Fed earns on all of its debt securities — less a relatively small amount to cover the Fed's own operating expenses — gets paid into the General Account of the US Treasury.
The company has enough cash to pay off all of its debt and cover more than half of the market capitalisation.
It might happen when we get our first paycheck and realize how many times we need to divide it to cover all of our expenses — and also put some savings aside and pay down any student debt, and, oh, don't forget the 401 (k).
We are going to cover the following topics: how blockchain can overcome piracy leaving everyone happy, Citigroup has started headhunting bitcoin pros to join its AML group, a popular computer game predicted the invention of bitcoin back in 1990, JPMorgan, NBC and others test blockchain debt issuance, EU Parliament approves tougher rules on prepaid cards and cryptocurrencies.
Also, the ECB announced that it would buy up to 40 billion euro of covered bonds, but that should not be a big deal for covered bonds are the best collateral so many banks will probably not be running for funding posting the highest rated debt.
That means that each partner is equally responsible if the business falls apart and creditors can take possession of their assets (like their homes and cars) to cover any unpaid debts.
It might seem counterintuitive, but before you even think about tackling any debt, make sure you have some money socked away to cover necessary living expenses in case of an emergency.
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