Sentences with phrase «joint liability»

Another common problem is that partial discharge of a joint consolidation loan under any of the discharge programs (other than death discharge) does not eliminate joint liability for the remaining balance.

The issue of joint liability is one that varies widely from state - to - state.

[33] Also relevant to consider is the fact that a well - funded party, such as MoTH, faces higher risk with joint liability when other potentially liable parties have less means or no means with which to satisfy a possible judgment.

Mr. Schäuble, a member of Ms. Merkel's conservative Christian Democratic Union, told The Wall Street Journal last week that «as soon as we have a joint EU fiscal policy, we can consider joint liability» for governments» borrowing.

IRS Publication 972 and Form 8857 will give you more information about whether you may be eligible for relief from joint liability arising, for example, from unreported income your spouse neglected to mention.

In other areas of administrative penal law there is only an indirect joint liability of the corporation for fines imposed for offences committed by the managing director or other «persons in charge» (section 9 Administrative Penal Code).

SB 459 also imposes joint liability on a person who, for money or other valuable consideration, «knowingly advises an employer to treat an individual as an independent contractor to avoid employee status.»

married Couples have a legal duty to support one another, and may have automatic joint liability for things like medical bills and shelter.

Federal laws restrict issuing credit cards to anyone under 21 unless the applicant has the independent ability to repay debt or has an adult co-signer who accepts joint liability for the account.

If you have a co-signer, that person takes on joint liability for any card debts you incur.

Joint liability is known as «joint and several» liability and sets the standard that the IRS can pursue both spouses for any tax due as a result of the return both separately and jointly, even if the taxpayers are later divorced.

This is especially true when it comes to mortgage payments, making it more difficult to separate yourself from your former spouse and your joint liabilities.

Filing separately may bring some advantages, such as no joint liability and potentially lower taxes depending on your situation, but could also cause you to lose out on possible credits and deductions.See note1

Under very limited circumstances the IRS can grant various types of relief that either eliminates the joint liability or reduces the amount of tax you are responsible for.

Incidentally, regardless of the ownership structure, everyone on the mortgage has joint liability.

These listings may also include consumer disputes, whether the credit is individual or joint liability, the cosigner or guarantor, secured accounts, and any charge - offs (when the creditor writes off your account as a loss).

Even if your divorce decree assigns responsibility for a joint liability (i.e., a joint auto loan) to your now ex-spouse, that does not mean the creditor will let you off the hook.

Also, even if PacifiCare did share joint liability for mother's health care (which it did not), the fees claims under the «tort of another» doctrine failed because the doctrine only applies when the party seeking fees bears no fault, which could not occur under PacifiCare's joint liability theory.

In Cattley, a third party to a successfully mediated dispute obtained disclosure of what took place in the mediation because, so she alleged, she was potentially at risk of joint liability with the paying party in the mediation, and needed to ascertain what part of the global settlement sum was truly attributable to the cause of action against the paying party in respect of which she risked joint liability.

There is no joint liability for costs and a party is not obliged to pay the proportion of other claimants» costs if those claimants do not or can not pay.

Joint liability must include any fees paid at any point in recruitment process.

They argued they should be involved in all three proceedings because if the doctor who was named as the defendant in the first medical action «has any joint liability for the plaintiff's injuries then there will be no or minimal compensable loss that can be claimed in the solicitor's action.»

JOINT LIABILITY The New Law also introduces joint liability when multiple companies carry out a breach of competition law.

Details vary by jurisdiction, I will use NSW, Australia as an example: Initial ownership on death Liabilities Any joint liabilities (loans, credit cards etc) automatically pass to the survivor (s).