Sentences with phrase «live as a debtor»

And how to live as a debtor, and to consider the borrowing of money against possible future earnings as normal.

Not exact matches

Writing under the pseudonym of Boz, Dickens made his name as a «humorous observer of the habits of London life in a series of articles» that he expanded into this novel, which includes some familiar stories and topics (a Christmas ghost story and Mr. Pickwick's stint in debtor's prison) that Dickens wrote about in later novels.

The debtor argued that he relied on his tax refund for living expenses for the upcoming year and that his refund should be excluded from the bankruptcy estate as future wages.

It's a great feeling, but now you are embarking on a life as both a homeowner and a student loan debtor.

Fifty three per cent of these senior debtors live alone and often cite illness or injury as a cause of their financial troubles.

The Bankruptcy Code describes the exempt homestead as property «uses as a residence,» which can include the home that the bankruptcy debtor owns even if the debtor is not currently living there.

As more fully set forth above, Debtor has made a good faith effort to repay the Student Loans, his current income and resources are such that he is unable to maintain a minimal standard of living even without making payments on the Student Loans and it is unlikely that Debtor's financial situation will improve significantly during the repayment period of the Student Loans.

The right of a judgment debtor to accelerate payment of part or all of the death benefit or special surrender value under a life insurance policy, as authorized by paragraph one of subsection (a) of one thousand one hundred thirteen of the insurance law [* see below], or to enter into a viatical settlement pursuant to the provisions of article seventy - eight of the insurance law, is exempt from application to the satisfaction of a money judgment.

``... purpose of the act has been again and again emphasized by the courts as being of public as well as private interest, in that it gives to the honest but unfortunate debtor... a new opportunity in life and a clear field for future effort, unhampered by the pressure and discouragement of pre-existing debt.»

That the debtors are married, and have three dependant children living with them aged 4, 7 and 9 as of the petition date herein.

By the 407 refusing license plate renewals until the debt was paid in full they were refusing the financial relief these debtors needed in this challenging financial time in life as well as potentially preventing debtors from continuing to earn a living if their job is dependent on having a valid driver's license.

Being gouged in these legal but despicable ways has made me deeply interested as an attorney in helping other student debtors to use the legal system to get out from under their frequently oppressive and life - sapping student loan debt.

Most bankruptcy courts have adopted a three - part test to establish undue hardship, known as the Brunner test: (1) inability to maintain a «minimal standard of living» if forced to repay the loans, (2) likelihood that the conditions preventing repayment will persist for most of the repayment period, and (3) «good faith efforts» by the debtor to repay the loans.

Just as the consumer protection laws are designed to protect consumers from unfair trade practices, the Bankruptcy Code is designed to provide relief for debtors who are unable to pay their debts in addition to their livings expenses.

As the bank insisted, the uncle was not merely a guarantor but was a primary debtor of the mortgage on the home; he did not live there but lived in a nearby home.