Sentences with phrase «ever repay all of your debt»

When you start declaring that you are bankrupt, what you are saying to your creditors is that you can not possibly ever repay all of your debt.

Not exact matches

There's no new theme to it, just more riffs on the old one of a self - reinforcing spiral of slower growth in China crushing the economies of its raw material suppliers, while an appreciating dollar makes it ever harder for emerging market companies and governments to repay the debts they gleefully took on when the Federal Reserve was giving away dollars for free.
For millions of Americans, a mortgage is the biggest debt they'll ever have to repay.
But today it would appear that investors are willing to continue to support a system that is literally floating on the debt of governments that have no hope of ever repaying their issuance.
With credit card debt to pay off and student loans to repay, many buyers wonder if they'll ever save up enough down payment (typically, 3 - 20 % of the purchase price).
Already Buhari has started giving excuses for the abysmal performance.He attributed the quagmire to drop in the price of oil globally and cleverly laid the blame on the doorsteps of all Nigerian accusing them of relying solely on oil.All renowned rating agencies including fitch continue to downgrade Nigeria ever since Buhari took over and it is projected that Nigeria will not be able to repay its debt obligations.Fitch for instance downgraded Nigeria's longterm foreign currency issuer default rating to B + from BB - and longterm local currency IDR to BB - from BB.The general position expressed by almost all the Briton wood institutions is that Nigeria's fiscal and external vulnerability has worsened under Buhari and it is projected that the government's general fiscal deficit could grow up to 4.2 % by the end of 2016 after averaging 1.5 % under the previous regime.A recent capital importation report by Nigeria Bureau of Statistics confirms that, last year, the country recorded total inflow of capital into the economy stood at $ 9.6 billion which was a 53 % drop from previous year and the lowest recorded total since 2011.
In these hard economic times, too many Metro Vancouver, Fraser Valley, Lower Mainland people, and British Columbians who lived free of financial crisis until now, find themselves facing the shame of debt they can not repay after taking out too much easy credit just to live, pay for necessities such as housing, food, medicine, etc., a reflection of our ever growing senior and minimum wage population funded with insufficient pensions and facing rising living costs without corresponding increase in earnings.
Discharge, on the other hand, is granted wen serious qualifications are met; these can include improprieties done on the part of your university, or other things that make it unlikely that you will ever be able to repay your debt.
Considering the low likelihood that such bad debt will ever be repaid, debt buyers make their money by taking over these obligations for a fraction of their face value and aggressively going after consumers for payment using letters, calls and lawsuits.
With no interest ever deals, the repayments are high enough to repay the debt over the term of the loan.
But Bowman doesn't stand a chance of ever repaying those loans now that he's been denied admission to the New York bar, because five appellate judges viewed Bowman's hefty debt and inability to repay it as evidence of a «lack of general character and fitness requisite for an attorney.»
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