Sentences with phrase «in default on payment»

Thank you very much for your response our advert company information is below, we have been hired to clear up a corrosive waste acid, since job was completed they have threaten to take legal action against our firm claiming that my company did not clear up the waste properly and since then there are still in default on payment.
The office advises borrowers to be prepared with information relevant to their dispute or complaint, such as the exact type of problem (s), whether they are currently late or in default on their payments, and whether they have made all of their payments on time.

Not exact matches

However, as a business owner, even if your personal assets are not leveraged, you are still responsible for ensuring payments are made in full and on time to avoid default through the personal guarantee of the owner (s).
If your credit scores haven't already plummeted as a result of late payments, missed payments, charge - offs, and defaults, when the bankruptcy is listed on your credit reports, you'll notice a large and immediate drop in your credit scores.
In other words, instead of skipping a handful of payments or defaulting on a loan, contact your creditors and lenders as soon as a problem arises and negotiate some form of resolution that's within your financial means.
Actual results, including with respect to our targets and prospects, could differ materially due to a number of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up of production of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing, increase promotion of a competitor's products over our products or reduce their inventory levels, all of which could negatively affect product demand; the risk that our investments may experience periods of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.
If your credit score hasn't already plummeted as a result of late payments, missed payments, and defaults, when the bankruptcy is listed on your credit report, you will notice a large and immediate drop in your credit score.
While the island has defaulted on small debt payments in the past, a default at GDB would be the most serious yet.
Loans that have been in default can be consolidated after three consecutive monthly payments have been made or if the borrower agrees to repay the consolidation loans under an income - driven repayment plan (where the payments are based on the income of the borrower).
In order to prevent the risk of default, do your research and plan ahead to ensure that you will have enough money coming in to always make your loan payments on timIn order to prevent the risk of default, do your research and plan ahead to ensure that you will have enough money coming in to always make your loan payments on timin to always make your loan payments on time.
The researchers at myFICO say that consumers who open several credit accounts in a short period of time are a greater risk to default on their loans or miss credit card payments.
Late payments, missed payments, or other defaults on your account (s) may be reflected in your credit report and / or consumer report.
They must supply information about the total amount of loans extended, the remaining balance, and the date of delinquency if you are past due on your payments or the date of default if you are in default.
The CFPB issued a consumer advisory in April 2014 warning borrowers of provisions that may lead to default even if the borrower is current on payments.
It's important to pay attention to changes in the credit quality of the issuer, as less creditworthy issuers may be more likely to default on interest payments or principal repayment.
If you do not make any payments on your federal student loans for 270 - 360 days and do not make special arrangements with your lender to get a deferment or forbearance, your loans will be in default.
If you are currently in default on a federal student loan and can not afford to make any payments toward your loan, you may benefit from a direct consolidation loan.
When negotiating with your debt collector, the law requires your collector to determine your payment amount based on your income; however, once you agree to a payment plan, you are required to make your monthly payment in order to rehabilitate your defaulted loan.
In short, home buyers who make smaller down payments (0 % — 5 %) are more likely to default on their loans.
A steady drop in the quality of the oil Venezuela exports, as well as default on payments to various refineries, have whittled away at whatever confidence was left in the Venezuelan government.
In the industry's slimy underside, firms push borrowers into default and foreclosure, even when they've been making payments on time.
In this context default is defined as either the halting of payments on U.S. Treasuries or, more likely, the «de facto» default that is implied when the Government has to print money in order to make the interest and principal paymentIn this context default is defined as either the halting of payments on U.S. Treasuries or, more likely, the «de facto» default that is implied when the Government has to print money in order to make the interest and principal paymentin order to make the interest and principal payments.
If the borrower misses any payments or defaults on the loan, these will also appear on the cosigner's credit history and may impact their ability to qualify for loans in the future.
These generally require you to pay more in the long run, but may be needed to keep you current on your payments and out of default.
Older borrowers are also more likely to have defaulted on loans (meaning they fell behind or failed to make payments), and many incorrectly believe their balances can be discharged in bankruptcy.
To approve your loan, lenders want to make sure that you will make your monthly loan payments on time and are not likely to default on your loan at any point in the future.
Most lenders allow borrowers to be late on one or two payments before serious consequences occur, but consistently paying loan bills late or missing multiple payments in a row can lead to default.
In July, PREPA defaulted on a $ 170 million interest payment to bondholders.
The U.S. territory, whose economy has been in recession since 2006, is expected to default on $ 1.9 billion of debt payments due on July 1.
The announcement comes as Venezuela faces acute financing problems after creditors and ratings agencies declared the government and state - run oil firm PDVSA to be in partial default for missing interest and principle payments on bonds.
This deposit acts as collateral in case you default on your payments.
Depending on your situation, you may even qualify to stop making payments altogether — without being classified as delinquent or in default on your student loans.
In a 2015 report, the CFPB said one loan servicer adopted this strategy as its default when it has no instructions from the borrower on how to distribute partial payments.
A key part of the government, the island's sole utility company, PREPA, defaulted on interest payments to bondholders in July of this year, Vox reports, leading to widespread power outages.
There may be additional relief available for borrowers in default on their federal student loans, including a temporary suspension of collections activities and additional flexibility for borrowers making voluntary payments.
If the student defaults on the loan, the cosigner will be held liable for the remaining loan payments, and his or her credit history may be affected (in addition to the borrower's).
They include: Forty - three percent of those with federal student loans are not making payments; and one in six borrowers is in default on $ 56 billion in student debt.
I'd say that the owner defaulting on payments and ensuing bankruptcy putting the team in control of the banks, whose goal was to minimize costs, not win on the ice, led to not being able to replace the aging core of the team via free agency, and the years of trading the first / picking late in the first / drafting players like Fistric with their first led to them not having a young core to turn to.
sorry this is a bit of the subject does anyone know what the situation with our overall debt is at the moment and what our repayments are i was under the impression that we are at about the # 245 million mark gross debt and about # 97 net debt are the stadium repayments lower now or something is the bonds interest dropped lower inprice we were paying something like # 20 - # 30 million in repayments but heard its down to about # 15 million per yr now i know we will have broken throught the # 300 million mark in revenue now i am guessing that contributes more to the transfer funds or if not what makes up the transfer funds in the club i.e deals or match day revenue plus cash in the bank which stands at a high level but must be just in case we might default on a payment we need heavy cash in hand to bail us out this side of the club really intrigues me as it is not a much talked about subject unless you are into that type of area of work or care about the general fianacial outcome of the club does anyone have more insight into our finances would be great to hear from anyone about this matter cheers gonerwineverything (because we are)
Please note that I'm NOT at all interested in finance technicalities (e.g. the story line about 3 separate payment systems that are hard to interconnect may be a technical excuse for why the default was possible / likely during prior month, but it has zero impact on legal situation).
David Cameron had come under pressure in Europe to assist with Greece's next 12 billion euro bailout, in a bid to prevent the country defaulting on its loan payments.
It's reminiscent of the housing market debacle — people buying houses that they couldn't afford with loans offering low payments right away but requiring a big balloon payment in the future (that they defaulted on).
In another twist, UKEF has, following a lot of pressure from the Jubilee Debt Campaign, just published information showing that overseas countries owe the UK millions of pounds as a result of defaulting on payments for weaponry bought by the likes of Egypt's General Mubarak and Iraq's Saddam Hussein.
Even worse, Reed advocates a default on the debt ceiling in a few weeks, which would cause major damage to our economy while threatening delivery of Social Security checks, Medicare payments and Veterans benefits.
The only allowable punishment for defaulting on the debt would be the refusal of service, and perhaps the confiscation of property in lieu of payment.
«If on reasonable notice an MP is unwilling to or unable to produce such statements, the payments concerned should in default be determined to be invalid and the MPs will be recommended to repay the whole of the allowance granted for the mortgage,» Sir Thomas wrote.
Since the crash, a down - spiral is underway in the $ 2.8 trillion municipal - funding system, in which local governments don't have the revenue to meet bond payments, they can't get new financing, municipal bond rates are rising, and, to worsen it all, crazy credit default swap deals have been foisted on localities.
«Statistically» this year to date, «only» 30 municipal issuers have officially defaulted on $ 1.5 billion in bonds, but thousands of government authorities are in de facto default on payments, and madly scrambling for re-negotiation, or forebearance, or blind hope.
The owner of the parking garages for the new Yankee Stadium is expected to default on a $ 6.8 million interest payment come April 1, which could result in a seizure by bondholders, Crain's reported.
(ii) within such period as may be specified in the guarantee or related agreements, the Secretary shall pay to the holder of the guarantee, to the extent provided under subsection (a)(2), the unpaid interest on, and unpaid principal of the portion of guaranteed portion of the mortgage with respect to which the borrower has defaulted, unless the Secretary finds that there was no default by the borrower in the payment of interest or principal or that the default has been remedied.
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