Sentences with phrase «debt contracts»

In contrast, divorce agreements finalize the liability of each spouse for debts contracted during the marriage.

Worse, debt contracts by «independent» authorities face fewer constitutional limits than borrowing by the state itself — which lets the slush - fund spending get even larger.

Bankruptcy law, however, also limits the enforceability of debt contracts, as lenders may respond to higher exemptions by raising the price of debt or rationing credit.

So creditors (initially headed by the palace and temples in Sumer as the major and paradigmatic creditors) developed debt contracts, with a fixed payment.

His work focuses on financial regulation, corporate law, contracts, and cross-border transactions and disputes, and his most recent article, «Boilerplate Shock: Sovereign Debt Contracts as Incubators of Systemic Risk,» examines the role of financial contracts in the Eurozone sovereign debt crisis.

In the face of large - scale economic shocks, enforcing debt contracts places an unbearable burden on debtors, who cut back their spending and send the entire economy into deep recession.

Student loan repayment and forgiveness programs help with debt contracted before enlisting.

Both Chapter 11 and Chapter 13 bankruptcy may allow you to modify secured debt contracts, discharge certain unsecured debts that can not be repaid over the term of the bankruptcy repayment plan, and to keep certain property needed to operate your business.

From what it says above that The following are exempt from the Homestead Law, the last one says «Debts contracted prior to the acquisition of the homestead.»

Additionally, a settled debt itself damages your credit score, because it shows you didn't fulfill your debt contract.

You will need a housing / debt contract to obtain a HPCDS contract, so the tender will open in October and run for 6 weeks.

Just as the prenuptial agreement addresses financial assets, there's the matter of determining who will be responsible for the debts contracted by each party prior to the union.

During the separation, both spouses are still liable for any debts contracted by either spouse, including personal debts contracted by one party without the knowledge of the other.