Sentences with phrase «less than a debt»

It is true that we have large cash reserves but they are slightly less than the debt.

An individual's value to his creditors at time of filing a consumer proposal comprises his assets valued at liquidation (auction) pricing (that may be a garage sale for your furniture and household goods, the wholesale cash buyer for your car, or the pawnbroker for your jewellery) after deducting exemption in prescribed, legislated amount (s) for car, household goods, clothing, tools of the trade, medical aids, home, life insurance, pensions, RRSP, etc., which amounts to little or nothing for the large majority of us, less than our debt in any case.

A bankruptcy and a consumer proposal cost significantly less than a debt management plan if you are dealing with all of your unsecured debts.

You often repay less than the debt you owe and only a Licensed Insolvency Trustee can file a proposal on your behalf.

And since Freedom Debt Relief customizes our program to fit your budget and still achieve your goal of debt freedom, you could get out of debt faster and for less than some debt consolidation methods.

The company negotiates with your creditors to accept less than the debt owed.

If your business has assets that are worth less than your debt, bankruptcy may allow you to pay only what the assets are worth and not the entire balance due.

Most lenders will accept settlement for less than a debt's full balance, because litigation is expensive and forcing you into bankruptcy would mean they could receive even less.

That's 26 % less than the debt settlement company and the consumer would not have been in default with their creditors and having to fend off collections and lawsuits.

Matt Duffy is buying a home with his wife in Santa Rosa in a short sale, in which the purchase price is less than the debt on the home.

Mortgage Boot / Relief: When you assume debt on your replacement property that is less than the debt on your relinquished property, you receive mortgage boot or mortgage relief.

Not exact matches

• Even though Canadians have a lot of mortgage debt, national mortgage - in - arrears numbers remain very low, at less than half of one per cent.

A little over five years ago, Joel Young found himself in a situation many American families are facing: He was deeply in debt with a less than stable job and young children to provide for.

Less than two years later however, AirAsia had turned itself around, having repaid its debt — even with the challenging travel environment it was in at the time.

Beijing and the World Bank officially claim China's government debt remains very manageable, at less than 20 % of GDP — far below levels in the industrial world — but the truth is, local governments are piling on new debt at a staggering pace.

Even though the Massachusetts filers owed substantially more in unsecured debt (that is, debt not backed by a home, a car, or another asset) than their counterparts in other states, they reported less than half as much medical debt, which is also unsecured.

But that pain today would arguably be less severe than if rates go up years from now, when households have piled on even more debt.

They usually pay good dividends, usually trade for less than their cash or assets in the bank, and are fairly stable (it's very hard for a municipality to not pay back its debts for various reasons, some of them constitutional).

(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).

In essence, if correct, this means there is less price risk in government debt securities than corporate fixed income issues, and therefore the extra 10 % should largely be made up of government bonds rather than corporates and preferred shares.

Hilary Stout illustrated this problem in The New York Times in June: «After all, the millennial generation has less wealth and more debt than other generations did at the same age, thanks to student loans and the lingering effects of the deep recession,» she wrote.

Another reason is that women tend to be more conservative in running their businesses, so you see generally stronger balance sheets with more personal equity and less debt than in businesses owned by men.

In addition, the median overall debt level for that age group neared $ 25,000 in 2012, up from less than $ 15,000 in 1998.

«Those with significant student debt are much less likely to own a home at any given age than those who completed their education with little or no student debt,» William Dudley, president of the New York Fed, told reporters on Monday.

Those proposals speak less to debt settlement companies themselves, in most cases, than they do to so - called «lead generators» — companies that advertise debt settlement, sign - up potential clients and then sell their information to back - end service providers.

At the University of Wisconsin's Business School in Madison, the average debt burden for graduating MBAs was $ 15,481, $ 106,889 less than Wharton's average, while the first - year median comp package was $ 114,694, just $ 31,609 below the median pay for a Wharton grad.

Debt: If your company has been in business for less than three years, has no record of regular profitability or has a negative net worth, most banks won't take your call.

Meanwhile, in Detroit, the city initially classified its general obligation bonds as unsecured debt before settling with creditors for less than 100 cents on the dollar.

Data from the Portuguese Finance Ministry showed that the country paid less than 300 million euros ($ 368.49 million) in interest on its sovereign debt between 2016 and 2017 due to the increasingly optimistic views from the ratings agencies.

Equity you can expect to give up: Usually less than 20 percent (convertible debt notes are often employed for this type of funding).

Examination of data from the Federal Reserve's Survey of Consumer Finances — the central bank's effort to examine the financial conditions of American families — by two Northeastern University scholars shows that households with more student debt are less likely to start businesses than other households.

Student Loan Hero collected data for 670 private colleges and universities and listed the top - ranked schools where grads end up with less than $ 20,000 in debt — and often a lot less:

The stocks that hedge funds have largely ignored tend to be much larger than the hotels, have less debt, grow earnings more slowly but consistently, and pay bigger dividends (an average yield of nearly 3 % for the S&P 500 constituents, compared with 2 % for the index overall).

Going into debt to start a business is less than ideal in almost all circumstances.

Heck, you could drive a $ 40,000 BMW and live in a $ 500,000 home, but if you're $ 600,000 in debt, then you're actually worth less than a 7 - year - old child!

«If you're able to pay off or pay down your credit card debt, you could see a significant improvement in less than one month,» Ulzheimer says.

Amid $ 37 billion of total debt, Sprint has $ 9 billion coming due in less than two years.

Another way to look at that is if those in the audience who know what covenant - light loans are, which are loans without a lot of stuff tied around you, back in» 06,»07 less than 20 percent of the debt was issued cov - light.

He likes to see debt - to - EBITDA numbers of less than two times, while EBITDA (earnings before interest, taxes, depreciation and amortization) should be expanding.

The government beat this projection by nearly $ 1.6 billion — by taking $ 1 billion from reserve, keeping spending levels $ 600 million less than projected, and through $ 335 million of savings from lower than anticipated interest rates on government debt.

While the U.S. and Europe are currently grappling with huge debts, a lot of the developing countries had their financial crises more than a decade ago and are now less vulnerable to shocks.

If policy developments in advanced economies make the path for growth and debt less benign than expected, risk premiums and volatility could rise sharply.

When I think about investing vs debt, I tend to think about the Roth a bit differently than other platforms only because elapsed time is not something you can make up (both in the sense that you can not make up for lost investment time AND the fact that $ 5,500 today is worth less than that $ 5,500 was worth one year ago).

FTC and state investigations in the U.S. have found that less than 10 per cent of consumers typically complete debt settlement programs there, according to the U.S. Government Accountability Office.

Under the plan, lenders that originate less than 2,000 loans — excluding loans held in portfolio — would not have to comply with QM's debt - to - income requirement, though they would have to follow other QM restrictions.

In a study issued this week (Aug. 11 - 15), Goldman Sachs Bank USA economists Eli Hackle and Hui Shan showed that the homeownership rate of young adults, ages 25 - 34, who were carrying more than $ 50,000 in student, was 8 percentage points lower than for college graduates with less than $ 50,000 in student debt.

However, the creditors still get the short end of the financial stick: the face value of the common stock to be received will almost certainly be less than the face value of the original debt.

Loans take longer to repay: Since you're paying less each month, it will take longer than the typical 10 years on the Standard Repayment Plan to get out of student debt.

Of course, with debt in 2016 rising by roughly 40 — 45 percentage points of GDP while nominal GDP grew by less than 8 percent, it isn't easy to explain how the real value of assets in China grew by roughly 40 — 45 percentage points of GDP, nor why it is proving so difficult to rein in credit growth without a sharp slowdown in GDP growth.

Long - term debt should be less than 40 % of total capital, and the current ratio (current assets divided by current liabilities) should exceed 2.0.