Sentences with phrase «lost during the bankruptcy»

Not exact matches

During the 13 years Trump spent as chairman, the company lost a total of $ 1.1 billion and declared bankruptcy twice — all while Trump essentially paid himself roughly $ 82 million and also had the company pay hundreds of thousands of dollars to buy Trump Ice bottled water for their mini-bars.

The stock value lost by GE in the past 12 months is twice the amount that vanished when Enron Corp. collapsed in 2001 — and more than the combined market capitalization erased by the bankruptcies of Lehman Brothers and General Motors during the financial crisis.

These costs are: Base Contribution Surplus Income Assets Lost During each month of bankruptcy, you are required to pay a base contribution.

If the lender continues to refuse an offer of an affordable repayment during a bankruptcy discharge process, they may very well lose.

According to a letter sent to mortgage lenders, the FHA said it would offer mortgage insurance to borrowers who, during the recession, filed for bankruptcy or lost their homes through a foreclosure or short - sale proceeding.

Recently on our bankruptcy forum a user asked, «We were one of the millions of homeowners that lost our house during the 2008 housing market crash.

When people lose jobs during a recession, bankruptcies increase.

With houses losing their value at a record pace, especially if it has been abandoned during a bankruptcy and has now been vandalized, mortgage banks are not willing to pay the expenses of taking back the worthless homes.

They had a DOE loan, which was paid back (mostly) during the bankruptcy process, so though investors presumably lost, the public didn't, or rather lost very little.

Further, income and debt limitations exist related to the different forms of bankruptcy, and there are always risks of losing your property during bankruptcy.

This particular stressor really became a widespread issue during the recession of 2009, when many employees were losing their homes, drowning in debt, and facing the possibility of bankruptcy.

My seller had told me the neighbor, once a big executive with a local firm, had fallen on hard times after losing her job during a corporate bankruptcy.

Also, we lost over 250k in cash during the perfect storm of the depression (I don't care what economists say, we are in depression that is currently experiencing an artificial bubble), my illness and hospitalizations and expensive treatments, combined with devaluation of real estate we had 50 % equity in, and a partner would had no interest in the financial operations of the business had us right on the edge of bankruptcy.