Sentences with phrase «debts owed by»

You will likely be asked for documentation of earned and unearned income for you and your spouse, your last two years of income tax returns, and documentation of assets owned and debts owed by you and / or your spouse, as of the date you separated.

This is true even if the debt was incurred for purchase of an item that only one of the parties uses.For example, if a husband buys tools for his job, hobby, or sporting equipment on credit, that obligation is a community obligation, although the wife might never use those tools or sporting equipment.As with community property, generally, debts owed by one party prior to the marriage remain a separate debt of that party and do not become transformed into a community debt just because the parties got married.

Aside from replacing lost income, life insurance can also be used to pay off any debts owed by your estate.

The Respondents sued mainly to collect debts owed by the Appellant to the parents» estate, and it was a stretch to suggest there was a sustainable claim for an interest in land.

Rather, it may be one of many simultaneous debts owed by the bankrupt spouse, and will rank behind any secured creditors in priority.

Also, the court makes sure any debts owed by the deceased gets paid.

Debts owed by the parties before the marriage are considered to be their own separate obligations, therefore, these debts are unlikely to be an issue in divorce cases.

In your Affidavit of Financial Support, you'll want to cover information like: the name of the affiant (that is, the person making the affidavit); the name of the affiant's employer, if he or she is employed, what efforts the affiant has made to find employment; a list of all sources of income; the monthly deductions from the affiant's salary (for example: MediCare payments, income taxes, child support, health insurance and retirement contributions); the average monthly household expenses; any debts owed by the affiant; and a list of assets that the affiant owns or has some interest in.

In South Africa, after Apartheid, these are the debts owed by colonizers to their former subjects.

Earlier this month, the scale of debts owed by the biennial's previous 2016 edition came to light: CAD$ 200,000 to those involved (mostly artists and installers).

Backup withholding is the amount of money withheld by the Fiscal Service to satisfy debts owed by the taxpayer to the IRS.

The important thing is that you are NOT liable for debts owed by someone who lived in your house before you.

As is typical in a divorce, there were debts owed by each spouse and debts owed jointly.

This is not uncommon as a method of dealing with joint debts owed by a couple who can no longer repay these debts due to their divorce and a change in their financial circumstances.

fair market value of all assets owned by the deceased, minus funeral expenses, debts owed by the deceased, and assets passed to a surviving spouse

In recent years the debt buying industry has expanded dramatically, and attempts to collect «zombie debts,» — attempts to collect debts not owed, debts that were already paid or discharged, debts owed by someone else, or due to identity theft — have reached epidemic scale.

I guess they could try to garnish debts owed me by fifty different customers, but that would be a huge problem for them.

They will divide total debts owed by the current appraised selling price of the house to get LTV.

Banks usually collect debts owed by immediately withdrawing the amount of the debt from any deposits the debtor makes into his bank account.

In 2012, education chiefs in Birmingham refused to write off at least # 1.3 million of debts owed by schools converting to academies.

Local authorities have no financial liability and these days no historic liability for legacy debts owed by schools.

Grimm's also lifted his other huge financial burden — $ 421,788 in outstanding debts owed by his campaign as of mid-July, records showed.

Olawore said the immediate payment of the accumulated subsidy claims would salvage the banks from total collapse over the huge debts owed them by marketers, and avert the scarcity of petroleum products in the country.

A rising black hole of state - owned enterprise (SOE) debt, which together with the debts owed by government to the bulk oil distribution companies (BDCs) and the lack of adequate supervision of microfinance companies can potentially collapse the banking system.

The situation was attributed to the cut in gas supply from Nigeria Gas (N - Gas) to the Tema enclave following debts owed by the VRA.

Although he could not give the quantum of debts owed by the companies, he said the were being consolidated to enable the government to clear them within a period of three to five years from collections from energy sector levies.

His words: «We presented a memorandum to FEC to approve the verified sum of monies being debts owed by MDAs to distribution companies for electricity supplied to them since the beginning of this administration.

Debts owed by the Electricity Company of Ghana (ECG) and the Aluminium Company Limited (VALCO) to the Ghana Grid Company Limited (GRIDCo) are negatively affecting the operations of the company, the Chief Executive Officer of GRIDCo, Mr William Amuna, has said.

Government is returning to the financial market to raise GH cents 2billion to clear debts owed by collapsed UT and Capital banks, the Minority in Parliament has alleged.

In doing so, it will pursue all debts owed by its debtors to the greatest extent feasible.

Gecamines said on Tuesday that debts owed by Kamoto to Glencore and its subsidiaries at the end of 2017 topped $ 9 billion.

Officials in Washington, D.C., and San Juan have expected for some time that Puerto Rico would default Monday on debt owed by its Government Development Bank.

But the warning by the governor about a broad restructuring raised new questions about the government's willingness to pay the debt owed by Prepa and other government enterprises on the island.

The two announcements also acknowledge that «the function of digital tokens has evolved beyond a virtual currency» and point out use cases, such as representation of ownership or a security interest over a token seller's assets or property, or a debt owed by the seller.

(The balance is made up of debt owed by local governments and the Canada and Quebec pension plans.)

[177] The Fed also said that at the end of 2008, the debt owed by nonfinancial sectors was $ 33.5 trillion, including household debt valued at $ 13.8 trillion.

Upon filing the case, the company sought approval of an asset sale process pursuant to which Standard General would act as stalking horse and be permitted to credit bid its portion of the secured debt owed by the company under the 2013 credit agreement.

On Monday, Puerto Rico is expected to skip payment on $ 389 million in debt owed by the island's Government Development Bank to bondholders.

Are the poor of Tanzania, say, helped by forgiving debt owed by their government?

Anselm taught that God became a human being in order that a human being could pay the debt owed by humanity to God for sin.

It also worries about a $ 15 million debt owed by WGH to Wellard, which Balzarini has acknowledged might not be paid.

President Akufo - Addo has been touting the achievements of his government in stabilizing the economy, implementing the Free SHS and clearing a huge chunk of the debt owed by National Health Insurance Scheme in the past one year.

Earlier reports suggested that the President had ordered the PURC to increase tariffs to offset about $ 80 million debt owed by the Volta River Authority (VRA).

He added: «And writing off up to 100 per cent of the debt owed by the poorest countries.

Under the terms of the agreement, approximately $ 95 million in pre and post-petition debt owed by NYC OTB to the Committee members will be resolved.

He said it was baffling for the staff to accuse the CEO of mismanaging the hospital's resources when in just under 14 months in office he together with the board have managed to almost completely settle a 6 million debt owed by the facility.

Gordon Brown says the G7 is willing to write off up to 100 per cent of the debt owed by the world's poorest countries.

For those who don't know, the Paris Club Refunds are monies legitimately belonging to states which were over deducted from the accounts of the states for the settlement of the debt owed by the country to the Paris Club of creditors under the scheme worked out by the Obasanjo administration.»

The Ministry of Finance has given a strong assurance that Ghana's banking sector will remain strong and effective despite claims of imminent collapse due to the huge debt owed them by Finatrade, a commodities company.

As part of the settlement, GALOS will forgive about $ 1 million in debt owed by the parade, and GALOS» president, Carlos Velasquez, will reimburse the parade an additional $ 100,000.