Sentences with phrase «debts against your assets»

When there is a secured debt against your asset, the equity is the value of the asset after your unpaid debt amount is deducted.

The means test weighs your debts against your assets and income to determine your ability to pay off your debts.

Not exact matches

A legal business entity can protect your personal assets against liability for business debts.

If you have some assets, you might consider borrowing against them with a secured loan to consolidate your debts.

(a) Share of total Australian dollar assets (per cent), subcomponents are the share of liquid assets (b) While deposits with other banks are a store of liquidity, they do not contribute to the stock of liquidity held by the banking system as a whole, since the recipient banks will, in turn, need to hold additional liquidity against these deposits; consequently, they are excluded from this table (c) Includes Commonwealth Government Securities and securities issued by the states and territories (d) Includes notes and coins, Australian dollar debt issued by non-residents and securitised assets (excluding self - securitised assets)

Debt consolidation can simply be from a number of unsecured loans into another unsecured loan, but more often it involves a secured loan against an asset that serves as collateral, most commonly a house.

Mortgage lenders must weigh the borrower's income and assets against (A) the expected mortgage payments; (B) other expenses relating to the mortgage, such as home insurance and property taxes; (C) payments for other loans associated with the property, such as a second mortgage; and (D) all other recurring debt obligations.

Ignoring your tax debt will impel the IRS to use tough tactics against you, such as placing a tax lien against your property or levying your assets until your debt is satisfied.

By Paul Nicholson March 4 — The five - year long New York court case following the sale of Liverpool Football Club to Fenway Sports Group revealed this week former owner George Gillett Jr is still paying # 125,000 a month in debt repayments for a loan secured against the club, and that the new owners felt that due to the aging playing squad the # 295 million price was in fact an overpayment for the asset.

We may choose to offset Scotland's share of the value of UK assets against our inherited debt.

We need to reform the public sector borrowing requirement to free councils to borrow money against their assets to build council houses (i.e use the EU definition of Public Sector Net Debt).

As of September 30, 2008, our balance sheet had... $ 420m in short - term debt... $ 411m of which had been reclassified from long - term debt, due to our failure to comply with certain covenants and restrictions in the agreements governing our 2005 Notes and 2006 Notes... We do not currently have sufficient cash to repay this indebtedness if our debt is accelerated and if the noteholders instituted foreclosure proceedings against our assets.

A credit freeze protects you against identity fraud and gives a simple way to control your assets and debt.

Lenders will take into account your assets, income, credit score, the current value of the property, other debts and the total amount you want to borrow against your home.

Are there assets that you can sell or funds that can be borrowed against a lower interest rate to help repay the debt?

Unsecured debt is held by creditors that have no claim to your assets, unless they file suit against you (i.e. credit cards).

An unsecured debt is one that has no security against it (you have not used assets as collateral for the loan).

There are good reasons to borrow against your largest asset, but should it be used to pay down high - interest credit cards or for debt consolidation?

A debt consolidation company will usually look to secure larger loans against an asset such as your home (the interest payable on an unsecured loan will be much higher), which means that it will be at risk if you do not keep up with repayments.

The central banker also warned against taking comfort in statistics that show, on average, growth in Canadians» assets are vastly outpacing their debts, pointing to other countries whose banks made the «classic mistake» of lending based more on borrowers» assets than their liabilities.

There are so many other areas that are affected by non-payment of child support that can impact on your ability to clear the rest of your debt including the sale of your assets to cover the cost and liens on your assets to stop you borrowing against them to clear debt.

Loans secured against personal assets, such as a 401k account retirement or other liquid asset are not considered in the debt ratio.

Therefore, as the U.S. dollar appreciates against a local emerging market currency the debt service costs rise and make a risky asset even more risky.

To help protect against U.S. inflation, under normal conditions, the Portfolio will invest over 50 % of its net assets in inflation - linked debt securities.

It has been winding it's way through the courts since 2003 and it was filed by Andrew and Kelly Zimmerman against John and Richard Puccio (the defendants), Cambridge Credit Counseling Corp., Cambridge / Brighton Budget Planning Corp., Brighton Credit Management Corp., Cambridge Credit Corp., Brighton Credit Corp., Brighton Debt Management Services, Ltd., Brighton Credit Corp. of Massachusetts, Debt Relief Clearinghouse, Ltd., Cypress Advertising and Promotions, Southfork Asset Management Corp., and First Consumers Credit Management Corp..

Against this (unrealized) asset, I estimate there's $ 14.3 mio of cash (as of the last balance sheet, and adjusting for the subsequent placing), and debt of $ 36.5 mio.

Credit card debt is an unsecured debt (unsecured means it's not secured against an asset such as a car or a house) just like a personal loan or a store card.

A law that most Debt Collectors break is running a credit report against you to find out as much as they can to see if you have any assets.

It is legal to represent yourself in a bankruptcy, but experts don't recommend it, because a simple mistake can take away your legal protection against debt collectors, allow creditors to take away major assets or even result in criminal charges.

Ian Martin: Right, in most situations, so, typically like those that debts are what we call unsecured debts where they don't have any kind of lien registered against an asset.

Unsecured debt obligation, issued against the general credit of a corporation, rather than against a specific asset.

3.1 We will undertake a comprehensive review your current financial situation, including an analysis of your income (all the money that comes into your household), your essential and priority expenditure (things like rent or mortgage, gas, electricity, food, transport to work and any repayments towards loans that secured against an asset such as your home), unsecured debts (such as credit cards, overdrafts and personal loans) and assets (things you own that have a saleable value, such as property and cars).

If you have unmanageable debt, there are a number of options that may be available to you that will actually reduce your monthly repayments to a more realistic and affordable level, stop creditors taking enforcement action against you and protect important assets such as your home.

A personal loan is a type of unsecured loan, which means the debt isn't secured against any asset.

MIC sought to enforce this judgment debt against Naftogaz's assets in England by obtaining (i) a freezing order against Naftogaz in relation to its shares in a UK oil company; (ii) a default judgment against Naftogaz in the sum of such debt («English Default Judgment»); and (iii) a third party debt order requiring share dividends due to Naftogaz to be paid instead to MIC and also a charging order in favour of MIC in respect of such shares.

Usually, they have multiple debts or judgments against them, little or nothing in the way of assets, and they may file for bankruptcy to protect themselves from their malpracticed clients» lawsuits.

Accordingly, it challenges such conceptions by proposing that if one adopts non-absolutist and non-monolithic conceptions of sovereignty and legal personality, and that if one acknowledges that consent is the foundational basis for arbitration, then there can be no basis for supporting the proposition that an SOE can be held liable for the award debts of a state and its assets executed against in satisfaction of such debts.

For the most part, however, because enforcing debts against state governments is so difficult, transactions are structured as much as possible to prevent the need to enforce debts in that way through (1) legal limitations on governmental liability, (2) legislative budget rules requiring interest on debt and currently due principal payments to be made first, (3) third - party bonding of state and local governmental construction projects, (4) the creation of publicly owned corporations whose debts can only be collected out of the corporation's assets and revenues, and (5) avoidance of trade credit obligations by paying bills in cash.

Complaints against insolvent employers (i.e., an organization that does not have enough assets to cover its debts, or is unable to pay its debts as they become due) are still handled through the Ministry of Labour.

A Premarital Agreement isn't simply a guard against a tough divorce; having an agreement in place can protect specific assets and sort debts so you can enjoy a healthy financial situation and a healthy marriage.

Cary, North Carolina — based Contract Research Solutions filed for bankruptcy in Delaware on March 26, listing assets of $ 205 million against $ 248 million in debt.

After months of circling to try and avoid touching down in bankruptcy court, Memphis - based regional carrier Pinnacle Airlines filed for Chapter 11 in Manhattan on Sunday, listing more than $ 1.5 billion in assets against $ 1.4 billion in debts.

In respect of contentious matters, disputes dealt cover a variety of different types of claims, ranging from debt recoveries, guarantee claims, asset recoveries (often involving a range of jurisdictions) to complex breach of fiduciary claims against directors / third parties and claims relating to trust property.

Other situations can also cause delays, such as a complicated tax situation, the number of assets to be sold, debt disputes, or lawsuits against the estate.

To safeguard against the liability of handing debt over to your survivors in death, the right life insurance policy can financially protect your family in the event your debts outweigh your assets.

SALT is playing a pioneering role in providing investors with a secure opportunity to lend against a high - growth asset class through a fully - collateralized debt vehicle.

SALT also provides investors with an innovative and secure opportunity to lend against a high - growth asset class through a fully - collateralized debt vehicle.

If your misstatement comes to light during your divorce proceedings, the court can rule against you, particularly with regard to division of assets and debts.

Applicants» income, assets, savings, and debt against their monthly house payments will be more closely scrutinized.

Financed cars, boats, trucks, TVs, computers, and the like are a double whammy, as they are not assets that serve the goal of financial freedom, and the debts must be counted against their financial position.