Sentences with phrase «debts over an extended period»

The agreement is between you and all of your unsecured creditors and allows you to pay back your debts over an extended period of time at an amount per week you can afford.

Chapter 13 is designed for individuals with regular income to repay a portion or all of their debt over an extended period of time.

Not exact matches

Debt interest costs are fully tax deductible as a business expense and in the case of long term financing, the repayment period can be extended over many years, reducing the monthly expense.

However, because their income rises rapidly they end up paying off their student debt over a slightly extended period of just 11 years.

This extended loan term will allow Seneca business owners the flexibility to reduce their monthly debt payments over a longer period.

The same applies to all payment delinquencies: if you can pay off debts that went to collection, and make on - time payments over an extended period, lenders will see that you've changed your ways.

If you select this debt relief restructuring option, Westgeest & Associates will work with you to develop a plan, a proposition, proposal: an offer to pay your creditors a portion of what they are owed, including any other term (s), condition (s) required to see, foster the proposal to completion over a period extending up to five (5) years, and present, negotiate and administer the plan with your creditors.

Debt interest costs are fully tax deductible as a business expense and in the case of long term financing, the repayment period can be extended over many years, reducing the monthly expense.

Sometimes, it's helpful to be able to extend payments over a period of two or more months, but it's also smart to pay off your debts as quickly as possible.

The key lies in taking full advantage of the pre-tax conversion and the use of «good debt» versus «bad debt» over an extended period of time, plus maximizing your leverage via an instrument that will pay a solid rate of return over time.

A Consumer proposal is a way to negotiate a debt settlement with your creditors by offering to pay back a reduced amount of your debt, either in a lump - sum payment or in monthly installments over an extended period of time.

If the debt is yours, but you will have difficulty repaying it, a debt collector may agree to extend your repayment period or allow you to make smaller repayments over a longer time.

The danger of solely focusing on debt repayment over an extended period is that it «may start that slippery slope of accumulating debt again,» because you haven't achieved the right spending balance.

Payday loan debt consolidation companies also might help you get into a debt management program where you pay off the amount over an extended period of time.

Even if you have lots of debt, an interested seller might finance the deal, take a payout over an extended period of time, and base the payments on future revenue.