Sentences with phrase «default in payments owing»

While the application of the RPLA is relatively straightforward with respect to the enforcement of certain registered interests (such as condominium liens), it is not as straightforward when dealing with liens arising under certain agreements registered on title, for default in payments owing under such agreements (which liens are not specifically registered on title to the affected property).

Not exact matches

In another twist, UKEF has, following a lot of pressure from the Jubilee Debt Campaign, just published information showing that overseas countries owe the UK millions of pounds as a result of defaulting on payments for weaponry bought by the likes of Egypt's General Mubarak and Iraq's Saddam Hussein.

Default risk is the possibility that a company declares bankruptcy or a municipality becomes insolvent, and can not pay in a timely manner the principal and interest payment it owes under a bond indenture.

If you've missed many payments, you could end up in default and owe even more on your debt.

Additionally, if you owe between $ 25,000 and $ 50,000 and you have defaulted on a payment agreement in the past, you need to provide the IRS with some extra details when you apply for the new installment agreement.

There are other negatives to owing a large amount, being behind in payments or defaulting, as well.

Briefly, debt management involves a plan to pay off debt in a reasonable manner; debt settlement requires you to default on loans so that the debt - help organization can then attempt to negotiate payment of pennies on dollars owed.

Homeowners faced with owing more than their homes are worth have less incentive to continue making payments, and in some cases are choosing «strategic default» and walking away from a no - win situation.

If the borrower of a loan made under this part who has defaulted on the loan makes 12 on time, consecutive, monthly payments of amounts owed on the loan, as determined by the institution, or by the Secretary in the case of a loan held by the Secretary, the loan shall be considered rehabilitated, and the institution that made that loan (or the Secretary, in the case of a loan held by the Secretary) shall request that any credit bureau organization or credit reporting agency to which the default was reported remove the default from the borrower's credit history.

In the Market Lofts case, the shared facilities agreement specifically contemplated an unregistered lien arising in the event of default in payment of any amounts owing under the agreemenIn the Market Lofts case, the shared facilities agreement specifically contemplated an unregistered lien arising in the event of default in payment of any amounts owing under the agreemenin the event of default in payment of any amounts owing under the agreemenin payment of any amounts owing under the agreement.

If you die, your heirs will continue to owe the mortgage payments and would have to default on them before the private mortgage insurance kicks in.