Sentences with phrase «goes as creditors»

Not exact matches

Your creditors (check that, your LLC's creditors) can't «pierce the corporate veil,» as the phrase goes.»

In some cases, these retailers were able to come to an agreement with their creditors and restructure their debts without going through bankruptcy court, as the threat of bankruptcy motivates the creditors to negotiate.

Once the settlement is approved, the remainder of the $ 135 million that Univision paid will be released from escrow, and will go to Gawker's creditors and investors, including as much as $ 10 million to Denton himself.

What's left of any money from that sale would go to priority creditors, such as staff owed back pay and possibly students who paid tuition in advance, and then other unsecured creditors.

With days to go before Sunday's knife - edge referendum that the country's creditors have cast as a vote on whether it wants to keep the euro, the IMF revealed a deep split with Europe as it warned that Greece's debts were «unsustainable».

Thus, if lenders or creditors come after your business, they can go after you as well.

If an error on your credit report goes unchecked, lenders and creditors may deny you a claim as a result.

But it nonetheless underscores the lengths to which President Cristina Fernandez de Kirchner is going as her government battles with spurned creditors.

Hence, Hebrew slaves got to go home and creditors who took land or other assets as collateral had to return it.

As part of the bailout deal struck in July 2015, the proceeds of these sales must go into an independent fund to repay Greece's international creditors.

Estimates have gone up and down as to how many county employees will be laid off in order to (hopefully) balance this year's budget and begin to restore the confidence of creditors.

As an aside negotiations can get more unilateral, like in Argentina a few years ago: creditors were offered a take it or go f» yourselves and get zero type of arrangement; most accepted to suck it in and cope.

After negotiating all through last night, creditors and Najafi failed to reach an agreement that would have forced the Phoenix - based firm to keep the company operating as a going concern, Borders» lawyers said.

Your work is tied up as part of the company's IP, and you'll have to wait like every other unsecured creditor to see if it's going to be sold off (and to whom) in bankruptcy court.

The proceeds go toward paying the trustee, covering administrative fees and, if funds allow, repaying your creditors as much as possible.

We say seemingly, because if you owe more than one creditor, as is often the case, you must go through the process with each one.

While the debt may be gone in the eyes of the creditor as far as collection goes, the debt you have incurred with the creditor is still very much legally collectable provided the debt is still valid.

Another Murrells Inlet client that was in the early stages of planning for bankruptcy was pleased to learn that his large retirement plans are safe from creditors, even as they make plans to give up many of their real estate investments gone bad and get ready to be free of millions of dollars of real estate debt.

If you're served with court documents for a lawsuit regarding the debt, you may want to talk to the creditor as quickly as possible to keep from going to court.

Just don't go crazy with credit card applications, as each time a potential creditor pulls your credit, it creates a «hard inquiry.»

So you need to find out up front the monthly payment amount that is going to creditors and the portion of the monthly payment that is going to the agencies as fees.

Many bankruptcy law firms refer to the 341 meeting of creditors as «going to court.»

Otherwise when the creditors go after both of you, and your ex will be brought back in your life as well.

For example; if you have an account that has gone to collections, the original creditor may list the debt, as well as the collection agency.

«As long as you've given us feedback about your priorities and goals,» Amy says, «we're going to get your account set up, send dispute letters to the credit bureaus (and creditors, when applicable), getting all of that submitted within a 24 - hour turn around.&raquAs long as you've given us feedback about your priorities and goals,» Amy says, «we're going to get your account set up, send dispute letters to the credit bureaus (and creditors, when applicable), getting all of that submitted within a 24 - hour turn around.&raquas you've given us feedback about your priorities and goals,» Amy says, «we're going to get your account set up, send dispute letters to the credit bureaus (and creditors, when applicable), getting all of that submitted within a 24 - hour turn around.»

Our Fast Track Service upgrades include additional features such as creditor direct letters, debt validation, on going credit education and disputing incorrect personal info as well as inquiries.

Essentially, your creditors are agreeing to accept less money back in order to pay your IP (this is why there's no such thing as a cheaper or better IVA; even if your IP charged lower fees, the difference would go to your creditors, not to you).

If the Fund is going to invest in the securities of troubled issues, it has been and will be as a senior creditor, preferably a secured creditor.

A charge off means that the creditor is going to count it as a loss — but it doesn't mean that the issuer can't keep trying to collect.

Call your creditor if you are going to be late, they may have a solution such as putting the payment at the end of the loan, that will save your credit score.

When you choose «Debt Consolidation» as the purpose of your loan during the application process, it requires at least 70 % of the loan funds go directly to creditors.

Some of them don't need you to take any action, but others are important as they could be about what your creditor is going to do to collect repayments.

When your credit is re-aged, two things can happen: either your creditors will go back and mark all your payments as on time, or they'll mark every payment going forward as on time and leave the late payment marks in place.

Now having said that, if you do actually have an appreciable amount of equity in your property then we're going to suggest that we consider filing a consumer proposal; making an offer to the creditors to pay back part of what you owe but protecting the property as part of the deal.

You may count as a creditor to the company but in all likelihood, your money will be gone.

The simple action of swapping to StepChange Debt Charity has shaved over two years off the length of our plan as the money we were paying the management company now goes to our creditors instead!

As mentioned above, even a consumer credit counseling program, where you continue paying your creditors each month, can adversely affect your credit due to the «CCC» mark that goes on your credit.

Different creditors settle for different amounts, and, as time goes on, they may be willing to except even less on the debt to consider it paid.

The longer things go after the credit card company has started litigation in the court system the more likely it becomes that a creditor will refuse to participate in your debt settlement plan and you must settle a credit card account for more than you might want to or you will face a court hearing and its consequences such as garnishment.

The late fees were higher than the minimum payment which made it even worse, so I effectively gave up and let them go to «charge - off» then «collections» now back to only the original creditor as a «charge - off / sold to another lender».

Once you've deposited a healthy amount into that account (but far less than what you actually owe), the negotiation firm goes to the creditor and tries to get them to agree to accept that money as payment in full.

A debt collector could claim your payment as evidence you agreed to the terms set by your original creditor — and the settlement you worked so hard to get goes up in smoke.

What's your expectation as to how the creditors are going to react to this?

I underwrote many of those loans and know we did them as 80/20 piggies to borrowers without the financial savvy and wherewithal to make sound investment choices (Hell they could not keep their credit clean with FICOs from 525 - 630); plus the HUD 1 had most of the funds going to pay off creditors, especially credit card companies.

If you have a wage garnishment this means a creditor has most likely gone to court, received a court order, and been awarded a percentage of your earnings each month (a court order may not be needed for certain debts such as tax debt, child support payments, or federal student loan debts).

One clear sign of this lack of faith was the almost overnight retreat by foreign creditors from the German money market, selling their government bonds on a massive scale as they went.

As a last resort, you can declare a Chapter 7 business bankruptcy, turning over the business to the bankruptcy trustee who will sell its assets, go after any outstanding accounts receivable, pay owed taxes, and distribute any remaining funds to creditors.

In this case, the credit counseling agency acts as a go - between for you and your creditors.

The credit counseling team basically acts as a go - between to set up a repayment plan that works for you and your creditors.

If you think you are going to miss a mortgage or car payment contact your creditors as soon as possible and discuss your options.