Sentences with phrase «debt incurred by»

Corporation: An entity in which individual owners are not directly responsible for any debt incurred by the company.

Either spouse or partner may be held liable for a debt incurred by one of them or their dependent child for necessaries.

Normally a debt incurred by a person and still outstanding on death is deducted from the estate in calculating IHT.

Consumer debt is defined: 8) The term «consumer debt» means debt incurred by an individual primarily for a personal, family, or household purpose.

Without a solution to the crippling level of medical debt incurred by the average American suffering a serious illness or injury, no bankruptcy reform will eliminate the crises that drive these victims into filing bankruptcy.

This means that the carbon debt incurred by building the structure has a relatively brief period of utility, before the structure is demolished and another structure built, incurring additional carbon debt.

Although we agree that it would be appropriate for research and consumer purposes to recognize all educational loan debt incurred by students attending GE programs, we disagree with the comment that limiting loan debt under the cap would invalidate the D / E rates measure.

(3) The Secretary excludes any loan debt incurred by the student for enrollment in programs at other institutions.

Comments: One commenter stated that loan debt incurred by a medical school graduate increases because interest accrues while the student is in a residency period and that this additional debt would affect D / E rates.

However, the Secretary may include loan debt incurred by the student for enrollment in GE programs at other institutions if the institution and the other institutions are under common ownership or control, as determined by the Secretary in accordance with 34 CFR 600.31.

This fund was established in 2002 by retired USC Law Professor William McAninch to help alleviate the high debt incurred by young lawyers dedicated to serving the public.

Title 11 USC 101 (8) defines consumer debt as debt incurred by an individual primarily for a personal, family, or household purpose.

In reality, spousal debt in the United States depends on the type of state you live in, namely, whether it is a community property state or common law state.4 In a community property state, you are not responsible for any debt your spouse incurred before marriage, but are jointly responsible for debt incurred by either of you going forward.

As the price of tuition and the costs of living have risen, so has the amount of debt incurred by the student populations.

Average debt figures derive mostly from the average student loan debt incurred by college students.

The good news is that the average student loan debt incurred by a borrower is only hovering around $ 26,000.

Consider, for example, that the average debt of a graduating college student in the United States is almost $ 20,000, which is approximately the same debt incurred by one in five students who drop out!

Instead of an inheritance, he was left with a market stall heavily burdened by usurious debt incurred by his grandfather that could not be erased.

NEW ORLEANS — Restrictive health - insurance policies and the high debt incurred by medical students will adversely affect the way health care is provided to children, a panel discussing the future of pediatrics said here last week.

Soon his expenses, including the debt incurred by his wife's funeral, overwhelm him.

A spokesperson for Cox said he was talking about debt incurred by state and local governments, not personal debt like credit cards or auto loans.

He noted that there was no clarification whether the over $ 335 million debt incurred by previous BOST administrations had been cleared.

The Deputy Governor assured the workers of the commitment of government to her financial obligations to the workers adding that, the current administration inherited a huge debt incurred by previous administrations.

All the debt incurred by Wendy Long's campaign to Casale's firm was incurred between the primary and general elections, he said.

The rise of non-denominational churches that no longer require seminary education, significant financial debt incurred by students who are headed into a profession that will not necessarily empower them to pay it off, the rising possibility...

We believe that he was sent by His Father and our Father (God) to come to earth and to pay the debt incurred by all of us, as we are all imperfect.

Rhode Island is on the hook for $ 113 mln of debt incurred by a failed videogame venture it backed.

The market debt incurred by the federal government was largely the result of financing ongoing operations, unlike that of the Crown corporations.

The average person has only bad debt, debt incurred by purchasing liabilities like vacations, TVs, cars, and houses.

The refusal to acknowledge the bad debts incurred by banks during its property bubble plunged Japan into its «lost decade» and ended talk about Japanese global domination.

This includes renouncing all foreign debts incurred by the Imperial regime:

It also said that debts incurred by the Southern states from the war or loss of slaves can not be paid.

The remainder will be paid by New York City, federal tax dollars and tolls and fares and debts incurred by the Metropolitan Transportation Authority.

But the state Chairman of the APC, Anselm Ojezua, told our correspondent on the telephone that the data released by the DMO also included debts incurred by previous administrations under the PDP, adding that the loans taken by the state government had been directed at capital projects and other activities aimed at boosting the state's economy.

Biofuels from waste avoid the carbon and energy debts incurred by more common examples such as ethanol from corn or diesel from soy.

All the debts incurred by a company are not direct liabilities of its shareholders or directors, and it is limited to a fixed amount of shares held by its members.

If you live in a community property state: Alaska, Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin the surviving spouse is responsible for debts incurred by the account holder during his or her marriage — even if the surviving spouse did not cosign.

By contrast, ownership by a sole proprietor or partnership carries unlimited personal legal responsibility for debts incurred by the business.

Consumer advocates are concerned that the FTC proposal does not provide for legal action or other sanctions against debt collectors that «step over the line» in attempting to collect debts incurred by deceased borrowers.

Know that surviving family members do not have to pay for debts incurred by a criminal who has stolen the identity of their deceased relative.

Debts that the court declares as nondischargeable because of protest from the creditorâs end (debts incurred by fraud or other scams).

Here, each partner is personally liable for the business debts incurred by other partners.

The owner will be liable for debts incurred by the business.

However, note that the protection isn't perfect, and in certain circumstances you may become personally liable for the debts incurred by the business.

You will be required to pay out of your own pocket for any debts incurred by your business.

Despite the New York judgment, Pamela then brought proceedings in the Chancery Division in London in her personal capacity, against herself in her capacity as executor of the estate, for debts incurred by Mrs C before her death and for expenses incurred in the administration of the estate.

The missing income combined with the debts incurred by the mortgage, car and credit card payments as well as the funeral itself represents a terrible financial burden on the family that is only compounded by the idea that the insurance company will not pay due to the means of the death.

Debts incurred by the couple are their responsibility, and they must try to work together to mend the marriage.

In the ten states with community property rules, both spouses are responsible for most debts incurred by one spouse during the... Continue reading →

Sometimes it is not easy to prove community waste, so the innocent spouse should file for divorce promptly and thus minimize his or her responsibility for the debts incurred by the other spouse.