Sentences with phrase «debt limitations»
Further, income and debt limitations exist related to the different forms of bankruptcy, and there are always risks of losing your property during bankruptcy.
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P3 debt is not subject to debt limitations that the government may face and does not appear on its balance sheet.
Meanwhile, Chapter 11 has no debt limitations for applicants.
and subject to debt limitations — which, as of April 2016, were no more than $ 394,725 in unsecured debt (debt not backed by collateral, such as credit card debt) and $ 1,184,200 in secured debt (like mortgages and car loans).
Chapter 13 also is only available to debtors with regular income and subject to debt limitations — which, as of April 2016, were no more than $ 394,725 in unsecured debt (debt not backed by collateral, such as credit card debt) and $ 1,184,200 in secured debt (like mortgages and car loans).
Where the debt limitation covenant in a lending agreement with the bank is ambiguous as whether or not a particular form of financing counts against the limit — should we risk being sued by the bank if we think that we need that financing?