Sentences with phrase «large debt obligation»

A common thread for those states, according to the study, is relatively low amounts of cash on hand and large debt obligations.

Similarly, if you have too many large debt obligations — such as student loans, car payments and a mortgage — you may be denied a limit increase.

And once your mortgage is gone and paid for, your single largest debt obligation will no longer exist.

If, however, the policyholder chooses to do so, he or she can either borrow or withdraw the money that is in the cash value component of a burial insurance policy — and they can do so for any reason, such as paying off large debt obligations, supplementing their living expenses in retirement, or even for going on a cruise or taking a vacation.

Frequently, some or all of these proceeds will be used for paying off large debt obligations — such as a home mortgage — and / or for paying ongoing living expenses.

For instance, unlike in the past when many who were over age 65 had their home mortgage paid off and no other large debt obligations, today — due in part to the fact that people are living much longer — it is not uncommon for someone who is a senior to still have a large amount of mortgage debt, car loan (s), and / or credit card debt.

For example, you may have large debt obligations from student loans or a mortgage that you do not want to be passed on to someone else.

Not exact matches

SecondMarket is the largest centralized marketplace and auction platform for illiquid assets, such as asset - backed securities, auction - rate securities, bankruptcy claims, collateralized debt obligations, limited partnership interests, private company stock, residential and commercial mortgage - backed securities, restricted securities and block trades in public companies, and whole loans.

More recently, the world's largest economy flirted with defaulting on its international debt obligations.

I hate it when people default on their debt obligations, which is why I haven't invested large sums of money in P2P.

Eventually, the bailout program for Greece was extended — in return for Greece's commitment to honor its debt obligations and conduct structural reforms — within four months (the end of June), just weeks before Greece's due date to make several large debt repayments.

However, a large debt like a mortgage, a student loan, or another auto loan will lower your score because of the payment obligation, and if you have no history your score will be low because you're an unknown quantity.

Until we observe large - scale restructuring of mortgage debt and the debt obligations of major financial institutions, we will be applying trillion dollar band - aids while the underlying cancer metastasizes.

Credit card debt represents a large portion of many American's financial obligations.

As a matter of fact, if you have large amounts of debt showing on your credit report, lenders may offer you attractive settlement plans, as they may fear that you would use bankruptcy protection to run away from your obligations.

But as Lenore Davis, a registered financial planner with Dixon, Davis & Co. in Victoria, points out, «your mortgage is probably the largest financial obligation you will ever have and payments come out of after - tax dollars, so it's very expensive debt.»

If a large group of borrowers can default on securitized debt, spurring federal action to relieve these group of borrowers of their debt obligations.

In the case of large monthly obligations like mortgages or school loans, managing debt can be extremely difficult.

The collateralized debt obligation in particular enabled financial institutions to obtain investor funds to finance subprime and other lending, extending or increasing the housing bubble and generating large fees.

Even when applying online, larger loan amounts will often need to be underwritten by someone within the company who checks a borrower's documentation, other obligations, and debt - to - income ratio.

Known as collateralized debt obligations, these new instruments were also a type of derivative, and were even larger and more diversified than mortgage - backed securities.

A new financial tool known as a collateralized debt obligation (CDO) became prevalent among large investment banks and other large institutions.

This is especially helpful if you are having a hard time managing a large number of debt obligations.

Surety bonds, like most bond issues, tend to be quite large and therefore the issuing organization assumes more risk should the company which took on the debt go out of business or fail to meet financial obligations of the issuance.

The same applies to refinancing; reducing the maximum amount you can take out by five percentage points is not a large amount, but it does reduce the monthly finance obligation, one way to trim runaway debt payments.

This means your monthly debt obligations take up a large chunk of your gross monthly income.

In 2010, BrightSource whose largest shareholder was Kennedy's VantagePoint Partners, had $ 1.8 billion of debt obligations and had lost $ 71.6 million.

If your business has large amounts of debt and is in need of extended time to meet its financial obligations, a Chapter 11 bankruptcy could be an option that works for you.

«It's important for both working and non-working spouses to have life insurance,» says Kristi Sullivan, CFP ®, Sullivan Financial Planning, LLC, Denver, Colo. «For the working spouse, you want to have enough insurance to cover large debts (mortgage), future obligations that can no longer be funded by the earnings of the deceased (college, retirement) and living expenses for the family.

This coverage can also be a good way to ensure that a loved one is not left having to pay large debts, such as a home mortgage or other financial obligations.

Buyers can choose a term based on their longest - term financial obligation, whether it's a mortgage, their children's college years or another large debt.

Most often, term life insurance is purchased to cover a large debt, such as a mortgage or another financial obligation.

When representing a tenant client, why is it better to negotiate personal guaranty — which makes the business owner personally liable for debts and obligations — out of a lease in place of a larger security deposit or extra limitations?