Sentences with phrase «event of the debtor»

It should be noted that some community property states do have educational loan exemptions, and some private lenders discharge student loans in the event of the debtor's death.

Not exact matches

Debt transactions can also include security features tied to certain assets of a debtor providing an even greater level of security to creditors in the event of default or bankruptcy.

Other important facets of debt investments include any covenants required of the debtor, events of default, recourse, prepayment provisions, fraudulent conveyance, underlying security, and many others.

If you are trying to find bad credit loans in Toronto, Mississauga, Brampton and the rest of the GTA, Addison Credit offers financing to debtors with poor credit, newcomers to Canada, and borrowers with a history of repossessions, bankruptcies, and other negative events.

Meeting of creditors — an event every debtor must attend about 3 — 4 weeks after filing bankruptcy.

a) Where the debtor has carried on business during the year immediately preceding the date of the initial bankruptcy event [filing the consumer proposal];

A signed agreement by a buyer or borrower, permitting a creditor to collect a certain portion of the debtor's wages from an employer in the event of default.

In the event of failure to pay a debt, the debtor must understand the nature of the debt, prepare for likely consequences and seek out possible solutions.

The debtor / client doesn't like THIS turn of events - and without warning, after receiving too many demanding calls - abruptly quits the program.

A signed agreement by a buyer or borrower, permitting a creditor to collect a certain portion of the debtor's wages from an employer in the event of default, or as method of repayment.

The beneficent U.S. Bank would make the cardholder's minimum credit card payment for up to twelve months should any of the first five events befall the unfortunate debtor.

If the debtor is entitled to a refund and the creditor refuses to refund within a reasonable time, not to exceed 60 days, after written demand, including the filing of a legal action, the debtor shall recover a penalty of five times the amount of the actual economic damages not to exceed the finance charge, but in any event not less than one hundred dollars ($ 100).

If the debtor is entitled to a refund and the creditor refuses to refund within a reasonable time, not to exceed 60 days, after written demand, including the filing of a legal action, the debtor shall recover twice the actual economic damages not to exceed the finance charge, but in any event not less than one hundred dollars ($ 100).

In the event of the renewal, refinance, or payment in full of the credit transaction, the debtor shall be entitled to a refund or credit of any unearned portion of the account maintenance fee under subsection (c) of Section 5 -19-4, as of the date of such renewal, refinancing, or payment in full.

About four - in - ten college - educated student debtors possess total debts exceeding the value of their assets, hence asset liquidation will not entirely meet their outstanding debts in the event of job losses and other unforeseen economic shocks.

I'm at Cooper Union today to liveblog the The Artist as Debtor: A Conference about the Work of Artists in the Age of Speculative Capitalism event.

Thus, the creditors of publicly - owned establishments are necessarily in a more favourable situation than creditors of persons coming within the scope of [general French bankruptcy law] which, in the event of insufficient assets on the part of the debtor person or entity, may see their claim cancelled.

This is true on both the debtor and creditor side of restructuring, insolvencies, reorganizations and other challenging events.

• The snowball, the debtor whose indebtedness was only going to get worse, perhaps as the result of a major health event.

It outlines terms stating the debtor was to deliver 10K at signing of the promissory note, then monthly payments of 2K per month up to 27.5 K. Page 2 clearly states Debtor was / is responsible for obtaining title insurance if the event he chose to make paydebtor was to deliver 10K at signing of the promissory note, then monthly payments of 2K per month up to 27.5 K. Page 2 clearly states Debtor was / is responsible for obtaining title insurance if the event he chose to make payDebtor was / is responsible for obtaining title insurance if the event he chose to make payments.