Sentences with phrase «in a lump sum payment»

With debt settlement services your creditors will not get paid on a monthly basis, but rather in lump sum payments at the time when settlements occur.

This credit does not have monthly payments of a set figure, but instead is due all at once in a lump sum payment of the full amount owed.

You may elect to take your reverse mortgage payout in lump sum payments, monthly installments, a line of credit, or a combination of these.

However, the borrower is constrained to receiving all of their money in a lump sum payment and therefore pays interest on the entire payment.

When death occurs, the death benefit will be paid out to the beneficiary, generally in a lump sum payment.

The value built up during the accumulation period can be distributed in a lump sum payment or income payments during the payout period.

You receive the money you are borrowing in a lump sum payment upfront.

This policy will also pay off your mortgage, directly to the mortgage company in a lump sum payment usually.

You may elect to take your reverse mortgage payout in lump sum payments, monthly installments, a line of credit, or a combination of these.

When death occurs, the death benefit will be paid out to the beneficiary, generally in a lump sum payment.

Creditors are paid in lump sum payments when enough money accumulates in their trust account and only after clients approve of settlements.

Creditors are not paid on a monthly basis, like with consolidation services, but rather paid in lump sum payments.

Loveless chose to take his winnings in a lump sum payment of $ 29,552,283, according to the state Gaming Commission.

This may take place either at the beginning of the year in a lump sum payment or at the beginning of each semester, as funds are disbursed to the institution.

Baroness Deech's Divorce (Financial Provision) Bill does not seek to put a cap in lump sum payments.

Protection policies that provide a benefit for a specific event, usually in a lump sum payment, and investment policies where the objective is to grow capital on regular or single premiums.

Another form is the option to use the cash value of the policy to prepay the remaining balance of premiums due in a lump sum payment.

The funds can be received in a lump sum payment, monthly payments, as a line of credit or a combination of these options, and homeowners will stay in the comfort of their own home all without making monthly mortgage payments.2

Creditors are not paid by monthly payments but rather in lump sum payments when enough money accumulates in the client's trust account.

Please note that in this example the couple would also have the option of paying to the trustee the $ 20,000 (or a negotiated sum) in a lump sum payment to prevent the home being sold.

I can either pay $ 2495 in a lump sum payment, or $ 997 over 3 x monthly installments.