Sentences with phrase «lack of debt service»

In other words, Grandpa purposely didn't deal with the mortgage lien on the property as grandpa was in fact the mortgagee which by causing a default benefits his personal interest as the mortgagee by creating a barrier to reinstatement for lack of debt service and the excessive accrued interest.
The borrower was unable to obtain bank financing due to credit circumstances and lack of debt service coverage on the units.

Not exact matches

Critics contend that a lack of direction could plague small governments who are trying to beat back debt obligations while at the same time providing services to their populations.
What passed for Soviet Marxism lacked an understanding of how economic rents and the ensuing high labor costs affected international prices, or how debt service and capital flight affected the currency's exchange rate.
While Portugal's central bank said Banco Espirito Santo SA, the nation's second - largest lender, is protected after its parent missed debt payments, Moody's Investors Service downgraded a company in the group citing a lack of transparency and links to other companies.
Of the three major ratings agencies, only Moody's Investors Service has indicated that Illinois lawmakers» lack of long - term solutions for reducing that debt is a severe probleOf the three major ratings agencies, only Moody's Investors Service has indicated that Illinois lawmakers» lack of long - term solutions for reducing that debt is a severe probleof long - term solutions for reducing that debt is a severe problem.
Many public service workers have trouble with their loans due to lack of compensation in comparison to their outstanding debt.
Among young and less - educated households, those lacking student debt are more likely to be devoting large amounts of their monthly income to debt service (14 %) than student debtors (9 %).
Here is a portion of just a few online complaints we quickly found for these types of debt help companies which highlight the lack of protection and service they can provide:
To the contrary, those about to embark upon that journey confront: (1) the daunting cost of law school; (2) an average of $ 120K debt for attending; (3) a job market where, nationally, close to half of all graduates do not have Bar - required employment nine months after graduation; (4) a widespread market perception that law school graduates — even those from elite schools — lack «practice ready» skills; (5) cut - backs in hiring newly minted lawyers — even among many stalwart law firms; (6) an erosion of mentorship due in part to pressure on senior lawyers to «produce» more (7) the unlikelihood of making (equity) partner; (8) instability of law firms; (9) global competition; (10) technology companies creating products that replace services; and (11) a blizzard of negative press trumpeting the glum prospects for the profession; and (12) alternative career choices — finance, accounting, technology, etc. — that portend greener pastures and do not require the same time and financial commitment to prepare for entry.
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