Sentences with phrase «debtor gets the relief»

Not exact matches

But the relief is usually temporary, and the debtor is out getting new credit, on top of the existing debt consolidation loan.

Some of the offerings of debt relief companies are help with getting a second mortgage, refinance, home equity loan, etc. on your home to help consolidate debt into a lower interest loan, in addition some of them will even provide credit counseling and actually negotiate lower payments with your debtors.

Although it may be difficult for some to get their finances back on track during that time frame, forbearance provides a temporary relief for many debtors.

Nonprofit debt consolidation is debt relief services that are offered by credit counseling companies to help debtors get out of debt and repair their damaged credit.

In fact, several debtors have gotten bankruptcy relief from their student loans even though their circumstances were less dire than either Nailor's or Martish's.

When debtors begins to consider bankruptcy, it usually doesn't take too long for them to discover that Chapter 13 offers many of the same protections and debt relief of other bankruptcies, without requiring those who owe to get rid of all their property.

Both in a secured and unsecured loan, a debtor can get relief from having to think about several other loans.

It represents an opportunity for a debtor who can no longer afford to pay his or her debts to get legal relief that is granted by the courts.

One of the more important reasons a debtor might want to consider reopening a bankruptcy after it has been discharged is to get relief from a creditor whose debt has been already discharged.