Sentences with phrase «debt liquidation»

• Interviewing applicants to determine financial eligibility • Counseling applicants on loan repayments and restrictions • Setting up payment plans for debt liquidation • Analyzing potential loan markets to find financial services promotion opportunities • Ameliorate financial situations by investigating negative credit histories and providing recommendations
In debt liquidation, a delay of a day can be the difference between a write - off and recovery.
The state - by - state jurisdictional regime also made legal debt liquidation practice on a national basis impractical (or effectively cost - prohibitive).
Technically, yes, you can file for bankruptcy regardless of how little debt you owe, as there is not a legal minimum debt requirement in the bankruptcy law for either a Chapter 7 (i.e., debt liquidation) or Chapter 13 (i.e., debt reorganization) bankruptcy.
The debt liquidation is called a discharge.
The massive debt liquidation particularly in banking, Wall Street and in insurance demands many more trillions of dollars.
Quantitative easing is making it worse by facilitating more public - sector borrowing and preventing debt liquidation in the private sector - both erroneous steps in my view.

Not exact matches

Toys «R» Us was optimistic at the start of its bankruptcy proceedings that it would only close a limited number of locations, but is now reportedly planning a liquidation of its U.S. operations after failing to find a buyer or reach a debt restructuring deal with lenders.
The 200 - year - old business went into compulsory liquidation at 0600 GMT after costly contract delays and a slump in new business left it swamped by debt and pensions liabilities of at least 2.2 billion pounds ($ 3 billion).
Toys «R» Us Inc. is making preparations for a liquidation of its bankrupt U.S. operations after so far failing to find a buyer or reach a debt restructuring deal with lenders, according to people familiar with the matter.
Upon liquidation, holders of such debt securities and preferred shares, if issued, and lenders with respect to other borrowings would receive a distribution of our available assets prior to the holders of our common stock.
In most cases, debt sits at the very top of the capital structure and in scenarios of liquidation or bankruptcy is first to be repaid with the assets of the debtor.
In many cases, the liquidation value of the assets themselves aren't sufficient to pay back the debt.
Accounting rules are designed to give the best estimate of liquidation value for debt investors, not to measure the capital used to generate returns, which is what matters to equity investors.
These transfers are done through bankruptcy proceedings, the liquidation of corporate or personal assets under distress conditions and (in the case of government debts) privatization sell offs.
The YC documents are probably fine in situations where the investor (i) wishes to purchase equity rather than convertible debt, (ii) is otherwise somewhat indifferent on terms other than percentage ownership of the company, liquidation preference and right of first offer in future financings, (iii) is investing at a fairly low valuation (i.e. a couple of million dollars), and (iv) is only investing a small amount (i.e. a couple hundred thousand dollars or less).
In a liquidation, preferred stock is senior to common stock, but subordinate to all forms of debt.
China Huishan Dairy Holdings, struggling under billions of dollars worth of debt, is preparing for provisional liquidation.
Because the company needs to value to its outstanding debts and assets during the liquidation process, it's pushing for a final conclusion to the SGEIS process.
The debtor obtains debt relief through judicially supervised reorganizations or liquidation of his or her assets for the benefit of creditors.
Chapter 7 (known as liquidation), wipes away debt by selling nearly all your possessions.
• Chapter 7 Bankruptcy — Also known as a liquidation bankruptcy, a Chapter 7 bankruptcy will discharge most debts in a few months after filing, but the record of the bankruptcy itself usually remains active on a credit report for 10 years.
An individual's value to his creditors at time of filing a consumer proposal comprises his assets valued at liquidation (auction) pricing (that may be a garage sale for your furniture and household goods, the wholesale cash buyer for your car, or the pawnbroker for your jewellery) after deducting exemption in prescribed, legislated amount (s) for car, household goods, clothing, tools of the trade, medical aids, home, life insurance, pensions, RRSP, etc., which amounts to little or nothing for the large majority of us, less than our debt in any case.
Better it would be if the Fed, which is the main blower of bubbles through easy monetary policy, would pull back on policy when aggregate levels of debt in the economy get above 200 % of GDP, or, would allow us to go through recessions where there is significant pain, and liquidation of bad investments.
Downside Protection: Based on our analysis, subsequent to the transaction, if MediciNova is unsuccessful Avigen stockholders will receive a modest discount to the current liquidation value of Avigen (which we estimate to be approximately $ 1.20 / Share, net of debt and expenses), as determined by an independent auditor.
Chapter 7 bankruptcy, also known as a liquidation of assets, liquidates eligible assets to pay off as much of your outstanding debt as possible.
If the final decision involves asset liquidation, you will need to hand over all your assets or its cash equivalent in paying back your debt.
One advantage of this particular type is that, upon liquidation, a trust preferred's debentures generally rank as junior debt, ahead of a company's traditional preferred or common shares.
Aside from liquidation, they also have a shot at having their debts discharged.
Bankruptcy allows debt to be repaid through asset liquidation, a reorganization plan, and discharge.
A: The chapter of the bankruptcy code that provides for what is known as «liquidation» or «clean slate», Chapter 7, lets you discharge (wipe - out) most unsecured debts, such as credit card balances, medical bills, and even certain taxes.
Liquidation means your assets may be sold to repay your debt.
Chapter 7, also known as a liquidation bankruptcy, is when your property is sold to cover the debt.
Also called liquidation or straight bankruptcy, Chapter 7 bankruptcy cancels most or all of your debts.
In the event of a company's liquidation, common stockholders have lowest priority and receive assets only after bondholders, preferred stockholders, and other debt holders have been paid in full.
Chapter 7 Bankruptcy is considered a liquidation bankruptcy and nonexempt assets are generally liquidated and qualifying unsecured debts are discharged.
Although a liquidation case can rarely help with secured debt (the secured creditor still has the right to repossess the collateral if the debtor falls behind in the monthly payments), the debtor will be discharged from the legal obligation to pay unsecured debts such as credit card debts, medical bills and utility arrearages.
Sometimes called the Wage Earner's Bankruptcy, Chapter 13 allows those with enough income to repay all or part of their debts an alternative to liquidation.
Chapter 7 bankruptcy, also known as a liquidation bankruptcy, discharges your debts in a relatively short period of time.
Your historic cost basis in your Motors Liquidation Company debt is your basis in the GM stock and warrants received.
If we assume $ 3 mm in cash burn and $ 12 mm in liabilities (convert debt + misc liabilities + liquidation costs) at December 31, 2009, we are still left with a cash balance of ~ $ 4.4 mm per share ($ 33mm / 7.5 mm s / o).
When you lose millions of dollars when invested in a public corporation that at all times had a 40 % discount to your estimate of liquidation value, (and no debt with positive cash flow) it helps to have a sense of humor...
Deducting the $ 1.38 per share in liabilities (including $ 0.80 per share in debt) leaves a value in liquidation of around $ 134.9 M or $ 1.31 per share.
Dischargeable, unsecured debts which remain after the liquidation of the assets are generally discharged.
Chapter 7 is often referred to as «liquidation» bankruptcy because it will discharge most of your unsecured debt, including personal loans and credit cards.
The amount you'll have to repay in Chapter 13 depends on various factors including your income, expenses, types of debts, and liquidation analysis.
Net - net asset value: Companies, where the sum of the current assets (adjusted to reflect liquidation value) exceed the sum of all its short and long term debt obligations with at least 30 %, can be characterized as net - nets if the sum of this calculation exceeds the current market value / trading price.
Debt is cheaper than equity, given debtholders are paid first in the hierarchy of a hypothetical liquidation bankruptcy scenario.
Liquidation of bad debts must happen to clear the system.
Any onset of increased investor caution elevates risk premiums and, as a consequence, lowers asset values and promotes the liquidation of the debt that supported higher prices.
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