Sentences with phrase «from specific debts»

According to Bankruptcy Basics, an overview of the United States Bankruptcy Code, a bankruptcy discharge «releases debtors from personal liability from specific debts and prohibits creditors from ever taking any action against the debtor to collect those debts.»

Not exact matches

Walden didn't get too specific when asked what he would demand from President Barack Obama and other Democrats in order to lift the debt ceiling.
At that time, the main data sources on consumer debt consisted of loan - level data sets on specific categories of loans, such as mortgages, as well as aggregated data on household sector debt from the Board of Governors» Flow of Funds statistical release.
In debt financing, most rounds have multiple caps (this fact, in addition to being common knowledge, is one we've heard from both founders and VCs who've spoken on background about this specific case).
In particular, $ 3.8 trillion worth of trust products, which local governments and property developers riddled with debt, used to raise money from the Chinese public have been stymied, with two specific types of trust products having reportedly had to delay payments as liquidity has dried up.
My debts are so extensive as to defy specific acknowledgment, but the range is from my own instructors here, my family, my present colleagues, this university and its students to men in the biblical field in scores of cities in this country, this hemisphere, and around the world.
You don't have to quote directly from the FDCPA or list the specific section of law that gives you the right to debt validation.
FHA loans require no minimum income requirement to qualify; however, state - specific debt ratios have been put into place to prevent borrowers from securing homes they can't afford.
To ensure that your personal assets are protected from your business debt, consult an attorney about this very specific issues.
The student loan forgiveness program allows for as much as $ 10,000 to be taken from the total student debt for serving with the Army National Guard, though this sum can vary depending on the term and specific details of the service.
You will need to look at things from the creditor's point of view to understand the way that they will react to the fact that you haven't paid your debt on specific accounts.
Some companies purchase blocks of debt from banks etc, but never get specific information about the accounts they purchased.
Get a free, no obligation quote from a certified debt counselor and see which debt relief option is best for your specific situation.
This essentially places cash payments from multiple mortgages or other debt obligations into a single pool from which specific securities draw in a specific sequence of priority.
The specific types of debt and timing of such debt that is dischargeable in a Chapter 7 or Chapter 13 bankruptcy varies from state to state, so you should seek professional help in determined if your debt can be discharged as a part of a bankruptcy.
Once you've done so, continue on with the snowflake strategy and targeting specific debts with income or savings from a particular project.
The court issues a bankruptcy discharge releasing the debtor from liability for specific debts.
The myth about taxes not being dischargeable in bankruptcy likely derives from the U.S. Bankruptcy Code, in which only certain tax debt for specific periods are dischargeable and only in certain situations.
Unsecured debts are also available from creditors, but unlike Secured Debt, unsecured debt does not have collateral or a specific asset which can be liquidated to repay the loan to the crediDebt, unsecured debt does not have collateral or a specific asset which can be liquidated to repay the loan to the credidebt does not have collateral or a specific asset which can be liquidated to repay the loan to the creditor.
Keep in mind, if the problem involves legal issues surrounding the debt, there is no substitute for specific legal advice from an attorney who specializes in consumer issues, is licensed in your state, and you have an attorney - client relationship with.
Second, once you've sent the collection agency a letter requesting validation of a specific debt, the collection agency can no longer contact you regarding that particular debt until they provide you with reasonable evidence that they do in fact have a right to collect the debt from you.
There are a wide array of possibilities from investing in high quality bonds from developed countries to low quality debt in specific regions.
From my view, both DMP and debt settlement service providers get it wrong when marketing and providing their specific debt relief tool.
He recommended that an investor create a portfolio of a minimum of 30 stocks meeting specific price - to - earnings criteria (below 10) and specific debt - to - equity criteria (below 50 percent) to give the «best odds statistically,» and then hold those stocks until they had returned 50 percent, or, if a stock hadn't met that return objective by the «end of the second calendar year from the time of purchase, sell it regardless of price.»
Among the wider group of MoneySavers, this site has a specific community of people in various level of debt (from bankrupts to limited credit card overspending) all working together and supporting each other to get debt - free.
When borrowing from financial institutions, you agree to repay your debt according to specific (if undecipherable) terms and conditions.
Loanable takes the awkward out of asking friends and family for money, by formalizing the process and enabling you to make smaller, specific requests from a group of supporters (i.e. Would you be willing to loan $ 500 with 25 other people, so that I can refinance my student debt?).
Upon each account being settled, a fee will be assessed specific to that settlement and collected from the special purpose account set up specifically to facilitate the debt settlement process.
Some people really use their cards for a specific thing just for travel and again, if you kind of know the limits and the parameters in which you can work, which you can effectively pay your bills without having lingering debt, there's nothing worse than seeing those bills from this year roll over into next year.
The 2012 BC Consumer Debt Study is the only B.C. - specific study to survey nearly 7,000 debtors from the area and analyzes key findings regarding debt levels, causes for overextension and financial standings after filing bankruptcy or a consumer propoDebt Study is the only B.C. - specific study to survey nearly 7,000 debtors from the area and analyzes key findings regarding debt levels, causes for overextension and financial standings after filing bankruptcy or a consumer propodebt levels, causes for overextension and financial standings after filing bankruptcy or a consumer proposal.
States are not equal in the international system and international law is frequently used by the North to discipline the South — in the specific case of the UNFCCC it's pretty easy to imagine that «non compliance» by a Southern country would lead to them being excluded from the finance and technology transfer that the North owes them for their climate debt... so why should those who have not caused climate change sign up to a scheme where the polluters always get off scot - free but they may have to pay a price?
Section 281 (5) provides as follows: «Discharge does not, except to such extent and on such conditions as the court may direct, release the bankrupt from any bankruptcy debt which --(a) consists in a liability to pay damages [of specific types]... in respect of personal injuries to any person; or (b) arises under any order made in family proceedings or under a maintenance calculation made under the Child Support Act 1991.»
The tribunal will deal with small claims up to a value of $ 25,000 for debts or damages, recovery of personal property, specific performance of an agreement relating to personal property or services or relief from opposing claims for personal property.
Decreasing Term Life Insurance is aimed at covering a very specific type of expenses - your debts (usually a mortgage or other amortized loans) when the amount owed decreases from year to year.
It differs from legal liability which is the obligation on an individual to pay their debts, or comply with specific instructions from a legal authority.
The Birla Sun Life Mutual Fund offers various mutual fund schemes ranging from sector - specific and diversified equity schemes, hybrid schemes, fund of fund schemes, monthly income funds to debt and offshore funds.
As many as 11 funds to choose from, ranging from 100 % debt exposure to 100 % equity exposure, with each of them catering to a specific risk appetite and investment goal (For Self - Managed Option):
In general, term insurance is a great tool for a specific need, like covering debt, or to replace income from the loss of a wage earner.
Term life insurance is used to protect your family from debt over a specific time period.
Income received by miners for other activities, such as for the provision of services in connection with the verification of specific transactions for which specific charges are made, will be exempt from VAT under Article 135 (1)(d) of the EU VAT Directive as falling within the definition of «transactions, including negotiation, concerning deposit and current accounts, payments, transfers, debts, cheques and other negotiable instruments.»
They take specific action, such as paying off debt (55 percent), paying bills on time (54 percent), keeping balances low on credit cards (28 percent), protecting credit card information from fraud / identity theft (20 percent), and not applying for or opening new credit accounts (16 percent).
Vacancy and bad debt losses - An allowance, often in the 5 % range but varying in specific locales, for vacancies in rental units and uncollectible rents from tenants.
The $ 27 million acquisition from Sacramento, Calif. - based Silver Lake Mall Ltd. was financed using a portion of JP Realty's revolving credit facilities, the assumption of approximately $ 13 million of property - specific debt and the issuance of 72,000 Operating Partnership Units of PDCLP.
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