Sentences with phrase «creditors reach an agreement on»
With debt settlement, you and your creditors reach an agreement on how much they will accept as full payment of your debt.
http://www.bankruptcyattorneynation.com/ Not exact matches
Greece and its creditors appear to be one step closer to reaching a final agreement on the restructuring of the country's huge debt pile, according to Eurogroup President Mario Centeno.
The biggest guarantee that Greece and its creditors will finally reach an agreement on its debt burden is the upcoming payment deadlines that will force through a deal, an IMF official has told CNBC.
In addition, this fall the E.U. reached an agreement that actually has a realistic shot of lessening Greece's debt load and putting that country on a path toward recovery by forcing losses on official - sector creditors.
Greece's economy fell back into recession in the first quarter, raising pressure on the government to reach an agreement with creditors over the next bailout payment.
A similar agreement was reached eight years later with the Paris Club of creditor nations (the last remaining Argentine debt still in default besides bonds held by holdouts) on debt repayment totaling $ 9 billion including penalties and interest.
Once an agreement has been reached between you and your creditors on a proposal amount, the monthly payment remains fixed for the duration of your proposal through its completion.
What are the benefits to reaching an agreement your creditors can settle on?
Also, you need the cash on hand to settle a debt, if you reach an agreement with the creditor.
The purpose of this meeting is to see if an agreement can be reached with a majority of your creditors that have voted on your consumer proposal.
Under Manitoba's new laws, debt settlement companies can only charge a fee if the creditor and debtor reach an agreement on a reduced payment, and their fees are limited to a maximum of 10 per cent of the debt owed.
They then turn around and distribute that money to your creditors on a regular basis according to the agreement that was reached with them.
Creditors wanted to make sure they would be paid and preserve their priority right on other creditors, while Saaten wanted to reach an amicable agreement swiftly in order to pursue their Creditors wanted to make sure they would be paid and preserve their priority right on other creditors, while Saaten wanted to reach an amicable agreement swiftly in order to pursue their creditors, while Saaten wanted to reach an amicable agreement swiftly in order to pursue their activity.