Sentences with phrase «is in debt beyond»

Bankruptcy and My Bills The underlying policy of bankruptcy law is that the honest debtor who is in debt beyond his or her ability to repay the debt should be given a fresh start through the discharge of debts in a bankruptcy proceeding.
The policy of bankruptcy law is that the honest debtor who is in debt beyond its ability to repay its debts should receive a fresh start.

Not exact matches

With the scandal set to hurt profits and as funding costs climb, the debt load will likely increase beyond 5 times Ebitda, Mizuho Securities USA said Thursday in a note to clients, adding its internal credit rating on BRF is now three steps below investment grade.
Military rule will certainly not improve the nation's 8 % - of - GDP budget hole or its 72 % - of - GDP debt load, which is already well beyond the point that pushed Argentina to default on its international debt obligations back in 2001.
Combined, the two have paid off $ 45,000 in debt themselves, and their tips go beyond incremental savings and other strategies that are easier said than done.
Beyond that both chains have invested in improving their beauty and wellness products and remodeled many stores, something that was hard for Rite Aid to do, struggling with all that debt.
Beyond these concerns, of course, we still need to fix problems that have been with us for some time during the crisis: unacceptably high unemployment, especially among young people; high levels of debt in many countries; and the need to complete the financial reform agenda.
Beyond their debts, they have a business model that is in trouble (brick - and - mortar retail) and they didn't invest enough to build a vibrant online brand... they have ceded that to others.
The draft proposal of Greece's creditors consists of two documents with the first called «Reforms for the Completion of the Current Program and Beyond» and the second document is called «Preliminary Debt Sustainability Analysis», the Greek government said in its proposed question.
Beyond finding that companies owned by Mr. Trump had debts of at least $ 650 million, The Times discovered that a substantial portion of his wealth is tied up in three passive partnerships that owe an additional $ 2 billion to a string of lenders, including those that hold the loan on the Avenue of the Americas building.
The IMF analysis states that «the dramatic deterioration in [Greece's] debt sustainability points to the need for debt relief on a scale that would need to go well beyond what has been under consideration to date — and what has been proposed by the ESM [the European stability mechanism ie by eurozone member states]».
The real issue that was not addressed in the budget is the absence of any economic engine to spur a recovery in growth in 2014 and beyond, The household sector is deep in debt; housing construction has stalled; companies lack confidence and are not investing; the federal and provincial governments are in serious restraint mode; and the export sector is weak and deteriorating.
Their idea of «normal» leaves out of account the fact that this financial sector has gotten rich by loading down the economy with debtdebt that is beyond the ability to be paid, resulting in Negative Equity.
As you can see in the chart below, one of the portfolio's strengths is the freedom it has to go beyond traditional sources of income and pursue nontraditional income sources — such as ETF exposure to bank loans, preferred stock, and emerging market debtin order to seek yield.
And there is no shortage of potential catalysts to move this rally in precious metals, both gold and silver, beyond the skepticism phase: military intervention on North Korea, government shutdown as the debt ceiling is reached in September, further implications of Trump's collusion with Russia, and the beginning of balance sheet reduction later this year by the Fed, to name just a few.
«What they're saying is that when it comes to debt and to the prospects for future debt, the U.S. is no «clean dirty shirt,»» before colorfully continuing «The U.S., in fact, is a serial offender, an addict whose habit extends beyond weed or cocaine and who frequently pleasures itself with budgetary crystal meth.
He explains his logic in this interview with the Athens News, on the occasion of publication of his latest book, The Bubble and Beyond: Fictitious Capital, Debt Deflation and Global Crisis, which can be purchased here.
With this guarantee, there was little incentive for these countries, beyond exhortation from other EURO countries, to control their deficits and debt or to implement structural changes in labor and product markets needed to make their economies competitive.
The indebted household is enrolled in an Income - Based Repayment plan for their student debt, which typically extend the repayment period significantly beyond 10 years.
Nor does it help much to give an accounting of one's debt to particular thinkers, since such an attention to one's relation to other minds in the intellectual community, whose life is continuous in time and beyond discrete place through the mystery of sign itself, violates the reality necessary to that community.
Jefferson was beyond bankrupt near the end of his life and in debt for the better part of it.
Rollo May has put us particularly in his debt by his insistence that an «ontology of human existence» is required even with the strict limits of psychological theory.16 But now we go beyond the general doctrine of man to the Christian answer to the religious question.
A Manhattan townhouse co-owned by the estranged founders of Two Boots, a New York City chain of quirky pizzerias, is being shopped in bankruptcy to pay off more than $ 5 million in debt as the restaurant grows beyond its roots in the gentrifying neighborhood.
I actually wasn't sure whether only debt issued over Government bond is in the scope of this question so I just decided to add arbitration to my answer - for the layman that is some form of debt and proper legal advise is beyond my capabilities.
«How we can possibly be giving a billion pounds a month when we're in this sort of debt to bongo bongo land is completely beyond me,» he declared in a public meeting.
Charlie Rangel was found guilty on some counts in recieving perks and he's paid his debts, but not to the extent some others as Cheney, Bush, etc have recieved during their years while in office.This is behind Mr.Rangel and I hope people will look beyond this and not be so critical of someone like him that is for the people, he's not one the minions of corporations that his republican counterparts are.
Hands on Banking is a free, bilingual financial education program that provides practical lessons in areas such as managing your cell phone bill, saving and paying for an education beyond high school, living on your own, including the money basics of housing and transportation; creating a budget and living within your means, buying a car, opening bank accounts, establishing, building and managing credit; and avoiding debt problems, according to Wells Fargo.
Illinois» public school districts are roughly $ 20 billion in debt, a staggering figure fueled in part by decades of special deals in Springfield that have given districts exemptions so they can keep borrowing beyond limits set by law.
China's economy is in the toilet and going down as we speak not to mention FCA's ship is beyond hope floundering in a sea of excess debt and about to find its way straight to Davey Jones Locker... So so much for ever seeing a Maserati that isn't a rebadged something else..
«Don't you know,» she replied, «that the best way to live is beyond your means, and the best way to die is mired in debt?»»
So, you went out with your credit card in your wallet and started buying stuff that you would pay in the future, refinancing month after month until you got the awful surprise one day that your debt was beyond your possibilities.
Prospective homebuyers whose loans are deferred for at least 12 months beyond the closing date can generally proceed without having that debt count in their DTI ratio calculation, provided the deferment isn't related to financial hardship.
Equity — The monetary value which an owner has in real estate that is above and beyond the debt owed on it.
They also have the ability to invest beyond the equity market in «less liquid» investments, such as distressed debt, can hold short positions in merger / arbitrage situations or to hedge market risk, and are willing to hold a up to 15 % in cash.
Students and adults alike have been swept away in the world of credit cards by living beyond their means, and some of the most common student credit card mistakes leave students with thousands of dollars in credit card debt.
It's an apt description for the rising debt - to - income levels currently seen in Canada and a new survey by Manulife Bank highlights there's a high price to our debt dependency — a cost that goes far beyond the low interest rates you see posted online.
Unfortunately, the common result is that people accumulate debts that are beyond their means to repay in full.
BB «Dear Steve, I'm in approximately $ 80,000 of credit card debt with an unfortunate and sudden drastic change in finances due to situations beyond my control.
This December, instead of focusing completely on buying presents, feasting with your loved ones, and popping champagne, it's a smart idea to steal just a few moments away from the festivities to assess your student loan debt and ensure you're on track to a secure financial future in 2016 and beyond.
In natural disasters of the magnitude of Harvey (think 2005's Hurricane Katrina) special bond programs can be created that offer incentives to investors that go beyond traditional debt issuances, such as general obligation bonds.
If you're getting calls, emails, or even letters about your debt arriving at your workplace, this could put the nail in the coffin — beyond your student loans and credit score alone.
You can also show up in court and defend the debt, for example, by proving that the account is beyond the statute of limitations.
I wish I could say that I was in debt up to my eyeballs, living crazily beyond my means, gone bankrupt, or was totally financially inept so my story could be much more dramatic and compelling.
Beyond that there are debt transactions in order to own assets, or purchase products and services.
Mark Kantrowitz, considered the leading expert in the country on student loan debt, is convinced the benefit will be available to a lot of members of the Class of 2016 and beyond.
If you have credit card bills that are far beyond what you can pay out each month, then you should look into alternative options such as refinancing loans, debt consolidation loans or enroll in a debt management plan.
However, if your debt is mounting so that it is beyond what you earn on an annual level, you could be in trouble.
Be aware that the new tax law changed the rules on deductibility of home equity debt in 2018 and beyond.
Going beyond a budget may be necessary if you're looking to get out of debt — that's where a debt management plan might come in handy.
But yes I agree, the 40 % is a challenge, but maybe that's much of the western world is in debt, because we choose to live beyond our means - purchasing cable TV, having the best car and choosing lifestyle over good financial planning!!
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