Sentences with phrase «largest debtor»

As we all know, in terms of total nominal amount, the government is the largest debtor in history.
The dollar has lost 95 % of its value since the federal reserve's creation, and since the printing presses have been running full blast since the 1970's, the US has gone from the largest creditor to the world's largest debtor.
Phillip: ``... since the printing presses have been running full blast since the 1970's, the US has gone from the largest creditor to the world's largest debtor
Schiff points to the low savings rate of the United States as its worst malady, citing the transformation from being the world's largest creditor nation in the 1970s to the largest debtor nation by the year 2000.
It is the largest debtor in terms of raw dollars but it definitely is not when it comes to the value of its assets and its earnings - generating potential.
We are the world's largest debtor nation with a National Debt that is 14 times larger and 89 % of GDP (not including Fannie / Freddie debts and unfunded liabilities.)
An illegal war Uncontrolled immigration # billions leaking every year via new quangos Students (in England) now have to mortgage their futures to get to University 24 hour binge drinking breakdown of the family vast increase in licensed gambling External debt quadrupled to $ 11 Trillion making us the second largest debtor nation in the world after the USA at $ 12 Trillion (we may overtake them later this year) Pension funds pillaged for # 5Bn a year Gold reserves sold for a pittance Children leaving school unable to read or write NHS a basket case - 1 in 10 leave hospital sicker than when they went in.
In the most current round of hostile words and phrases from Europe's largest debtor country, Germany's Wolfgang Schaeuble warned Athens» brinkmanship above employing economic reforms could consequence in a «Grexident».
The U.S. is now the world's largest debtor nation, and the biggest sources of capital are the large sovereign wealth funds of the Middle East, Russia, and China.
The greatest risk was that large debtors such as Italy and Greece would take the political step of leaving the Euro to adopt new currencies, so they could devalue and have their central banks print the money to «fix» their problems.
«He is a talented lawyer, and his experience handling large debtor cases, bankruptcy M&A matters and bankruptcy litigation makes him a strong addition to the firm's reorganization practice in Los Angeles and nationally.»
After a recent audit indicated that some of our oldest customers are also our largest debtors, we have decided to revamp the policy.

Not exact matches

«Ontario is the largest subnational debtor in the world,» Oliver proclaimed from the comment pages of the Financial Post at the end of December, as if that (unsupported) fact carried profound meaning.
(See Making Student Debt Less Sticky) While the very uniqueness of each loan and each employee's situation makes it inefficient and uneconomical for any one business to take on the problem, in the aggregate this problem is a large source of growing concern for more than 40 million student and parent debtors (as well as their employers).
The week's developments have also revealed the IMF as an institution wracked by internal conflict over how best to handle its largest ever debtor.
Professor, do you have a good feel for which entities in China hold large amounts of debt (are investors) and which entities are the biggest debtors?
The US was also a debt ridden, debtor nation that had large trade deficits.
Though student debtor households tend to have larger total debt loads, indebtedness needs to be assessed in the context of the household's economic resources.
Nowadays, however, governments of our democratic societies are almost invariably large financial debtors, often the economy's most highly indebted sector.
What if debtors had been bailed out by a write - down of bad debts, instead of the lenders who had made bad loans and the large institutions that bought them?
America's massive «military» budgets, still on the rise, are beginning to threaten the U.S. with bankruptcy, given that its trade and fiscal deficits already easily make it the world's largest net debtor nation.
A debt of two months wages doesn't seem that large, but the debtor was unable to repay it.
Chapter 11, known as «reorganization,» is used by businesses and a few individual debtors whose debts are very large.
To file your bankruptcy petition in New Jersey, a debtor must have resided in the state or had your principle place of business in the state for the larger part of the past 180 days.
Despite Madigan's actions to cover debtors with private education loans, a large majority of federal student loan borrowers have not received the benefit.
The move by the CFPB should be welcomed news to student loan borrowers throughout the U.S.. Both small and large student loan servicers and lenders have been sued by the CFPB for conducting unethical practices when dealing with student debtors.
Generally speaking, a larger household size will help a debtor pass the means test in both Chapter 7 and Chapter 13 cases.
Instead of representatives of a large credit card company or medical facility, legal experts say those who are most likely to challenge a bankruptcy discharge are individuals who may have lent money to the debtor or a local business creditor.
It may be difficult to get loans for large purchases such as a car or a home until the debtor has improved their credit rating.
Private student loans are the largest plight on debtors today.
He would point out that Countrywide rewrote more than 83,000 mortgages to alleviate pressure on its debtors in 2007 and that it expects to modify even larger numbers of mortgages this year.
Insolvent debtors are taking out fewer, but larger loans according to the updated research.
One such debtor recently posted this question about her husband's job: «We are preparing to file Chapter 13, and the one question I have revolves around the fact my husband works for a large retail corporation, and one of the credit cards that will be discharged ($ 2,800) was issued from his company.
As this large legion of insolvent debtors continue to age, those that don't restructure their debts before retirement will find it increasingly difficult to maintain their debt payments after they retire.
If you type in the right keywords you'll likely find larger organizations that have served debtors for some time on the first or second page of the search engine result pages.
But consumer advocates say that many of these companies charge large up - front fees and that the debtor is still vulnerable.
With respect to a consumer credit transaction, if any scheduled payment is more than one and one - half times as large as the average of earlier scheduled payments, the debtor has the right to refinance the amount of that payment at the time it is due without penalty.
The reason Dave suggest doing it from smallest debt to largest debt is to give the debtor a sense of almost immediate relief, therefore encouraging him to continue to stick to the plan of paying off his debts.
Though student debtor households tend to have larger total debt loads, indebtedness needs to be assessed in the context of the household's economic resources.
However, even though decisions like Fecek demonstrate that courts may be willing to allow a debtor (even one with a good salary) to at least partially discharge his student loan debt, they does not provide a windfall for the debtors because, like the debtor Fecek, the debtor will still have to make sacrifices to make large monthly payments towards the remaining student loan 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 %).
And the wealth gap is also large for households headed by young adults without a bachelor's degree: Those with no student debt have accumulated roughly nine times as much wealth as debtor households ($ 10,900 vs. $ 1,200).
Is there truly a large risk for student debtors in taking on massive student loans?
See our posts Argentina: Why Invest In Largest Emerging Debtor Of 2016?
Debtors aged 30 to 59 take out the highest number of payday loans, while seniors have the largest average loan size at $ 1,568 and the highest overall payday loan debt at $ 4,377.
Struggling debtors are taking out fewer, but larger loans.
While insolvent debtors are highly likely to borrow from multiple payday loan lenders, they are taking out fewer, but larger loans according to our updated research.
In reality, it is nearly impossible to make a large amount of debt disappear in a short amount of time or to work out a program with your debtors where you are only paying pennies on the dollar to pay off your debt.
Experience of dealing with statutory demands and insolvency related hearings from both the creditor and debtor side; including successfully defending the directors of a large group of companies in administration in respect of claims made under personal guarantees.
Debtors who have a large amount of assets may be able to keep most of their property by filing Chapter 13 bankruptcy.
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