Sentences with phrase «followed by the creditor»

Realize that in some cases, a payment that is 10 days late might still be reported — and that any payment that is 1 - 30 days late might be considered «30 days late,» depending on the policy followed by the creditor.

The answer depends on your own behaviors, as well as the policy followed by the creditor in question.

82 It should be noted at the outset that -LSB-...] the Commission took the view that, in order to establish whether there was a guarantee for individual claims, it was appropriate, after examining the national legislation and case - law (see first part of the second plea above), to begin by considering whether, in order to determine whether the procedure followed by a creditor of [the EICC] in order to settle its claim in the event of [the EICC] being in financial difficulty was comparable to that followed by the creditor of an undertaking subject to commercial law.

Not exact matches

If your bond issuer goes bankrupt, secured creditors like banks are paid first, followed by unsecured creditors like bondholders.

China remained the largest foreign creditor to the U.S., followed by Japan whose holdings dropped to $ 1.06 trillion, from $ 1.07 trillion in January.

Greeks have witnessed discussions shift from $ 1 billion in additional measures (last proposal put forth by the New Democracy - PASOK government following demands from creditors), to over $ 10 billion in additional measures last month, to today's «Greekment» according to which Greece will undergo harsher austerity (for next three years) than at any other point since the crisis began.

Citi Business News can confirm that the payment process for validated creditors of DKM Microfinance in Bolgatanga in the Upper East region has stalled, following a boycott by aggrieved creditors.

But his colorful yarn was followed by a withering cross-examination, in which he admitted embezzling $ 1 million, bank theft, stiffing hordes of creditors as a chronic deadbeat and a credit card fraud attempt that led to his arrest mid-trial.

The first thing an Identity theft victim should do is report the crime to the authorities followed by a series of interactions with the creditors and credit bureaus.

This procedure relies on using the required legal language and then holding the creditors and credit bureaus responsible by filing appropriate charges and providing the requisite evidence that the credit bureaus and creditors had notice but were negligent in following the law.

For instance, the following items would be unlawful to report by a creditor:

If your bond issuer goes bankrupt, secured creditors like banks are paid first, followed by unsecured creditors like bondholders.

Advertisements to creditors that include a fixed date for distribution a month or two from the advertisement date followed by payment of all debts that have come to light should do it.

If these actions reveal mistakes by creditors, follow up with the credit bureaus to make sure the inaccurate information has been removed.

You have to follow their plan by contacting creditors, keeping up with payments, abstaining from borrowing more money, cutting back on spending (if that is your reason for the debt), forcing yourself to put money aside for emergencies, and learning how to budget successfully.

Accordingly, your creditors are required by federal law to follow the terms of your repayment plan.

The act ensures that you are protected from legal actions by your creditors and means that your debt repayment follows a strict and monitored process.

This is an estimate of the total amount of payment you would make by reducing your debt by following your creditor minimum payments and not use any alternative approach to digging your way out of debt.

Additionally, you can not file again for 8 years (in case of filing Chapter 7 followed by another Chapter 7) so you're actually a «safe bet» for the creditors.

The TAVF approach is the same as that followed by private companies not seeking access to public markets for equities; businessmen seeking favorable tax attributes so that they can create wealth on a tax - sheltered basis; most creditors; and all investors who seek in the management of their own portfolios to maximize total return, rather than just invest for interest income and dividend income.

The Debt Restructuring Program, backed by the expertise of Golden Financial Services aims at reducing your debt repayments, followed by due negotiations with your creditor.

Creditors will report your history with a letter followed by a number.

(c) Except as otherwise provided by law, when any debt is paid in full before the final scheduled payment date, the debtor may do so without penalty, and the creditor shall refund or credit the debtor with not less than that portion of the finance charge which shall be due the debtor as follows:

Improve your odds and lower your chances of rejection by lenders and creditors by taking the following steps to have a healthy relationship with your credit.

My «Plan A» (currenty working on my «true» budget numbers) was to try to get my interest rates / balances negotiated down (would like to do this myself, if you can guide me to the «right» creditors to talk to), followed by «Plan B» consolidate remainder into 1 loan.

The bill, sponsored by Reps. Ron Lewis (R - Ky) and Robert E. Andrews (D - N.J.), would permit creditors to rearrange delinquent mortgages without the prospect of an income - tax punishment looming over their clients» heads the following year.

The Act contains the rules and guidelines to be followed by all stakeholders: the Licensed Insolvency Trustee, the debtor, and the creditors.

It follows that creditors of publicly - owned establishments are necessarily in a more favourable situation than creditors of persons governed by private law.

Cobbetts is set to face a creditor claim over unpaid tax bills from HM Revenue & Customs (HMRC) following its takeover by DWF.

Simultaneously, in Greece the imposition of financial memorandums by our creditors was followed by a huge increase in tax rates on enterprises, and in relevation with the capitals movement» controls, this created economic suffocation in their viability, as also in their general possibility of further development.

Your creditors can object to your request to discharge a debt if the debt was obtained or incurred as a result of any of the following types of misconduct: fraud; embezzlement or larceny; and any willful or malicious injuries you have caused others; or a divorce or separation (this does not include debts for child support and spousal maintenance, which are non-dischargeable by law).

Bankruptcy applications, including applications for sale and possession (and ancillary injunctive relief), applications for annulment (and rescission of an annulment order by a creditor following the bankrupt's failure to comply with the Insolvency Rules) and applications to set aside statutory demands.

Following the release of a short - seller report by Muddy Waters Research, and an internal investigation, Sino - Forest sought creditor protection under the Companies» Creditors Arrangement Act, R.S.C., 1985 c. C - 36 (the «CCAA»).

Next, any taxes that are due must be paid, followed by payments to creditors.

Afterwards, this may be followed by a series of negotiations and haggling until you and your creditor — and your buyer if one's already involved — would all be happy with the price set for your home.

As discussed more fully in the section - by - section analysis of § 1026.2 (a)(3) above, under current regulations, the receipt of the following information by the creditor or mortgage broker constitutes receipt of an «application»: (1) Borrower's name; (2) borrower's monthly income; (3) borrower's social security number to obtain a credit report; (4) the property address; (5) an estimate of the value of the property; (6) mortgage loan amount sought; and (7) any other information deemed necessary by the creditor.

In addition, for the reasons discussed in the section - by - section analysis of § 1026.37 (l)(3), the Bureau proposed to exercise its authority under TILA section 105 (a), Dodd - Frank Act section 1032 (a), and, for residential mortgage loans, Dodd - Frank Act section 1405 (b) to require creditors to disclose the following descriptive statement of the total interest percentage: «This rate is the total amount of interest that you will pay over the loan term as a percentage of your loan amount.»

As discussed more fully in the section - by - section analysis of § 1026.2 (a)(3), under current regulations, the receipt of the following information by the creditor or mortgage broker constitutes receipt of an «application»: (1) Borrower's name; (2) borrower's monthly income; (3) borrower's social security number to obtain a credit report; (4) the property address; (5) an estimate of the value of the property; (6) mortgage loan amount sought; and (7) any other information deemed necessary by the creditor.

Unless an exception applies, charges for the following services would not have been permitted to increase: (1) The creditor's or mortgage broker's charges for its own services; (2) charges for services provided by an affiliate of the creditor or mortgage broker; and (3) charges for services for which the creditor or mortgage broker does not permit the consumer to shop.