Sentences with phrase «efforts during the repayment»

Not exact matches

As more fully set forth above, Debtor has made a good faith effort to repay the Student Loans, his current income and resources are such that he is unable to maintain a minimal standard of living even without making payments on the Student Loans and it is unlikely that Debtor's financial situation will improve significantly during the repayment period of the Student Loans.

This effort is meant ensure that student loan borrowers are protected from practices by student loan servicing companies during the repayment process that can lead to deeper debt.

During the liquidation effort, cash generated from operations and property sales would be used first to make required repayments of debt and other liabilities, and then distributed to common shareholders, the company said.