Sentences with phrase «difficulty meeting their debt obligations»

Not exact matches

Some of us may not be able to meet the requirements to file chapter 7 bankruptcy and in these instances Chapter 13 can be an extremely effective tool for recovering from financial difficulty and regaining control over debts and obligations.

Your options are determined by the amount of debt you carry and the difficulty you have meeting monthly payment obligations.

Already having difficulty making ends meet, his lower - than - average income makes it almost impossible for him to manage his debt - repayment obligations once his debts begin to accumulate:

If you have student loan debt and you're having difficulty meeting your financial obligations, you may be wondering, «Can I include my student loans in bankruptcy?»

Other more general MAPs Rule requirements that also are important for reverse mortgage advertising include not making a material misrepresentation regarding: (i) the potential for default under the mortgage, including misrepresentations concerning the circumstances under which the consumer could default for nonpayment of taxes, insurance, or maintenance, or for failure to meet other obligations; (ii) the effectiveness of the mortgage in helping the consumer resolve difficulties in paying debts, including misrepresentations that any mortgage can reduce, eliminate, or restructure debt or result in a waiver or forgiveness, in whole or in part, of a consumer's existing obligations with any person, or (iii) that the mortgage is or relates to a government benefit, or is endorsed, sponsored by, or affiliated with any government or other program, including through the use of formats, symbols, or logos that resemble those of such entity, organization, or program.