You can lower your mortgage payment or you can obtain a «cash out» refinance which replaces your mortgage with a new home loan that is
greater than the amount you owe on the house.
The lien covers only the property being sold and secures a payment amount that is never
greater than the amount owed by the buyer; and 4.
Not exact matches
If the value of your assets is less
than the
amount of debt you
owe, filing may be a
great option.
If you do not benefit from the full
amount of the Child Tax Credit (because the credit is
greater than the
amount of income taxes you
owe for the year), you may be eligible for the refundable Additional Child Tax Credit.
But sometimes the money you
owe the IRS is
greater than the
amount of money you make.
The student will not
owe tax when the funds are distributed to the extent the
amount distributed is not
greater than the student's qualified education expenses.
A consumer proposal is a formal offer to your creditors to settle your debts, usually for an
amount less
than what is
owing, but for a
greater amount than the creditors would receive if you filed for bankruptcy.
Your loans must be from specific lenders, the total
owed amount must be
greater than $ 10,000 and you must have graduated or not be currently enrolled in school.
If the
amount you
owe is
greater than the value of your assets, you might consider filing bankruptcy as a way of improving your financial situation.
Even if people can afford to make the payments, they're walking away from their homes, given that the
amount the
owe is now
greater than the value of the property, due to the market declines of the last few years.
If the
amount owed under the AMT is
greater than under the usual income tax calculation, you have to pay the difference.
When you refinance for an
amount greater than what you
owe on your home, you can receive the difference in a cash payment (this is called a cash - out refinancing).
In contrast, your payment history makes up a whopping 35 % of your credit score, and your
amounts owed is another 30 %, each of which is
greater than the cumulative weight of your length of credit history and your «new credit.»
Climate scientists, with their much more modest life styles, can't match Gore and DiCaprio in the carbon footprint department, but nevertheless their carbon footprints are much
greater than the average middle class individual
owing to their colossal
amount of air travel.
In truth, however, the
amount you are
owed will most likely be
greater than these black and white expenses.
If the total
amount owed to your first mortgage is
greater than fair market value of your property, you can eliminate the security interest to junior lienholders and treat them as general unsecured creditors in your bankruptcy plan (thereby possibly being able to pay them less
than 100 %).
In that case, you get the
amount you're
owed in R&D tax relief that is
greater than your tax liability back in cash.
Exchanges may, and the Federally - facilitated Exchange will, allow issuers to implement, a premium payment threshold policy under which issuers can consider enrollees to have paid all
amounts due if the enrollees pay an
amount sufficient to maintain a percentage of total premium paid out of the total premium
owed equal to or
greater than a level prescribed by the issuer, provided that the level is reasonable and that the level and the policy are applied in a uniform manner to all enrollees.
With this type of mortgage refinance, you are applying for and taking a new mortgage for an
amount greater than what you
owe on the home so that you can receive the difference in a lump sum cash payment.
According to real estate research firm CoreLogic, in the third quarter of 2015 about 8 % of residential homes with mortgages were underwater, meaning the
amount an owner
owed on the mortgage was
greater than the home's market value.
If you're thinking of selling your home, and you expect that the total
amount you
owe on your mortgage will be
greater than the selling price of your home, you may be facing a short sale.