Not exact matches
If your business fails and is unable to make the loan payments, whatever personal
assets posted by the owners as collateral can be
seized by the bank,
including houses, vehicles, investment accounts, etc..
Yet, even with all increasing red flags that suggest that
assets held within the global banking system could be devalued, frozen, or
seized, or all of the aforementioned,
including warnings of possible negative interest rates applied to commercial and corporate bank accounts in the near future from big global banks like the Royal Bank of Scotland, most of us go about our daily lives without giving a second thought about taking preventive actions to prevent such mind - blowing and negatively impacting life - changing events from happening.
In light of the new revelations, if no criminal prosecution is possible, the government could at least
seize his UK
assets,
including his medal collection, and strip him of his British citizenship to spend the rest of his days in Belize.
If an individual declares a Chapter 7 Bankruptcy, most any
assets,
including any businesses owned, may be
seized to repay creditors.
After the acquisition, ReliaMax
seized control of FUTR's core
assets, which
include borrower servicing contracts, intellectual property, brand capital, and important team members.
That
includes garnishing your wages,
seizing your
assets, and any other method of collecting the judgement.
In a bankruptcy, insolvency practitioners» powers
include the court - sanctioned ability to: interview under compulsion; search and
seize property associated with fraud; obtain freezing orders on
assets; overturn transfers of
assets to third parties; obtain passport orders to prevent bankrupts from leaving the country; and order the delivery up of records.
According to the Financial Times, in December 2014, Brazilian police indicted 33 people and
seized R$ 600 million in
assets from six companies
including German engineering firm Siemens and French train maker Alstom following an investigation into collusion to win contracts to build the rail system.
seize objects and
assets, conduct secret surveillance (
including the interception and monitoring of mail or telecommunications), monitor bank accounts and conduct dawn raids.
However, the Public Prosecutor has coercive measures at his disposal and may, for instance, issue search warrants,
seize objects and
assets, conduct secret surveillances (
including the interception of mail and telecommunications), monitor bank accounts and conduct dawn raids (see question 4).
If you are at fault, the court may
seize your
assets to pay awarded damages,
including your future earnings.
The DHS further
seized Costanzo's cryptocurrency
assets including bitcoin, ethereum and dash, and software pertaining to the tech.
Leonov disagreed, stating that despite the murky legal status of cryptocurrencies in Russia, there is no reason for it not to be
included in the group of
assets which can be
seized by a creditor.
This
includes taking money directly from a parent's earnings or bank account,
seizing property and other
assets, or through the courts, sending someone to prison.
The debtor may be prevented from transferring any property he or she wishes to sell, and MEP may
seize assets including vehicles, shares and bonds;