Sentences with phrase «more debt claims»

+1 I like to say that RT @BarbarianCap: «there are more debt claims than resources to pay them at par» Aug 05, 2012

Not exact matches

But tapping a pending legal claim for cash can be vastly more expensive than taking on credit card debt.

But instead it gave all the money to the banks, and its claim was that if you give $ 4 trillion to the bank reserves this is going to help the economy, because the bank is going to lend more money to the economy and drive it in, $ 4 trillion deeper into debt.

The indicated solution is to limit the proliferation of debt by borrowing less, for instance, and to channel savings more into equities and tangible investment than into debt - claims on economic output.

The fact that China's debt is rising much more quickly than China's debt servicing capacity is consistent with my implicit model — which claims that the optimal amount of capital stock in China is a function of China's relatively low level of social capital, and that Chinese investment has far exceeded its optimal level — but it doesn't prove it.

After the recent stock market crash, Batra claims that Greenspan went back to his old machinations to create even more debt.

He is an Army veteran and claims he has made government more efficient in Babylon, reduced debt there and brought about consecutive tax cuts.

Whenever you doubt that think of my list above or this simple fact: NYC has stayed in the black for twelve years (even though the mayor claimed otherwise more than once just to keep us fiscally conservative) and unlike many cities with far less social programs, NYC never had to entertain bankruptcy (e.g., Detroit goes under with $ 18 billion debt but NYC thrives with a $ 24 billion budget for DOE alone).

While executives from the magazine's staff made glorious claims that having this oversized debt simply wiped clean will allow them to continue to publish, there has not been much mention of how this will benefit tax payers and consumers, let alone avid readers of the magazine's 49 monthly international editions and some twenty more related titles.

Claiming Bankruptcy in Canada: Any person who is a resident in Canada, owes more than $ 1,000 in debt and is insolvent, is eligible to file a Canadian bankruptcy.

Economies are more stable when they limit fixed claims and encourage financing via equity rather than debt.

Bear in mind that more than one missed payment can allow the lender to claim the whole debt and take legal action against you.

This means that insurers think that people with credit scores are more likely to file false accident claims as opposed to people who have a good record with personal debts.

For example, Dave claims: «You end up paying more and staying in debt longer because of so - called consolidation.

Supporters of the bill claim that the legislation will bring more credit counseling and debt consolidation choices to consumers as well as licensing and consumer protections to the industry.

My own thoughts on the bill in California aside, Freedom Debt Relief might get a little more credibility with regulators if they stop lying to them. If I recall, it was Freedom Debt Relief that was leading the charge against the new FTC rule and claiming it would put them out of business.

In fact, their economies have grown more quickly than they have issued debt, leading to a substantial drop in their debt - to - GDP ratios.7 Although their budget deficits remain higher than that of the average developed country, they are now well below their rate of GDP growth (something many developed market countries can't claim).

That way, I have the written evidence to quickly overcome any deficiency claims a lender, or more commonly, a third party debt collector may allege following a short sale.

THE PROBLEM is that student loans are my only debt and the law states you can not claim BK unless you have more than just student loan debt.

In fact, some credit counseling organizations — even some that claim nonprofit status — may charge high fees or hide their fees by pressuring people to make «voluntary» contributions that only cause more debt.

This parent company was founded in 2002, and claims to have helped more than 150,000 people to resolve their debt problems.

Many people recognize Freedom Debt Relief through their television ad campaigns, which claim to be able to reduce your debt by 50 % or mDebt Relief through their television ad campaigns, which claim to be able to reduce your debt by 50 % or mdebt by 50 % or more.

Jenna Keehnen, executive director for United States Organizations for Bankruptcy Alternatives (USOBA), a debt settlement and negotiation association, says that the USOBA has instituted a «zero tolerance policy» regarding these misleading companies and has reported more than 30 entities that make similar claims to the Texas Attorney General's Office.

In the wake of more debtors struggling with their dues, creditors seem to have stepped up their money - realization techniques by making embarrassing calls at work, divulging your debt details to your neighbors, resorting to abuses, and lying about their status (debt collectors often claim that they are employed by credit bureau).

Here's a wild thought: we need the same thing on a broader and more complex scale, allocating the embedded losses in our financial system to their rightful recipients, wiping out common, preferred equity, and subordinated debt as needed, and forcing the conversion of debt claims to equity, delevering the system in a colossal way.

It would probably be small claims court, you'd show up in court and say to the judge, hey judge the last activity date on this debt was more than two years ago, therefore according to the Ontario Limitations Act, they should not be able to sue me.

As soon as I mention this, however, a number of commenters will show up and claim that debt is great as a leverage tool, that it's free money if you can reinvest it and earn more than the interest rate.

TASC claims fees need to be higher because debt settlement is a much more labor intensive process.

The study calls for more data looking at outstanding student loan debt by race and claims that focusing on undergraduate borrowing alone only reveals part of the picture of possible racial differences.

The more concerning complaints are those describing debt collection scams that occur directly after using CashAdvance.com or from callers who claim to be from the site.

Call 801-456-7000 or 1-800-326-3328 for more information or to file a claim on Debt Protection or Credit Insurance coverage already purchased through Deseret First.

If you do not want to end up with even more massive debt you need to check the reputation of organization that claims to offer free services.

Another GOBankingRates survey of more than 4,000 adults finds that about 64 percent of Americans claim to have more money saved than they have credit card debt.

These companies charge upfront fees of hundred or thousands of dollars for the employees of the company to take a look at your tax debt situation and often charge more fees for the work that they are claiming to perform on your behalf.

Achieving fame at a young age is never easy and Carter's rep, Steve Honig, claims that «the overwhelming majority of the debt he is asking to be discharged is from more than 10 years ago when he was a minor and not in control of his finances.»

The settlement, which comes less than three months after the firm declared bankruptcy, is designed to help repay creditors owed some $ 250m (# 159m) in secured debt and at least $ 300m (# 190m) more in unsecured claims.

If a debt is greater than the limit but the creditor will accept an amount equal to or less than the limit as full payment, the creditor can still go to Small Claims Court (for more information on Small Claims Court, see the PLEA publication Small Claims Court).

Suing them, even in small - claims court, would cost more than the entire debt at stake in the OP.

Notable mandates: Acted for Soltoro Ltd. in connection with its successful disposition by plan of arrangement to Agnico Eagle Mines Ltd.; co-counsel for Trillium Motor World Ltd. in class action against General Motors of Canada Ltd. and Cassels Brock & Blackwell LLP; acted for Canadian Solar Inc. in connection with raising an aggregate of US$ 50 million in equity and US$ 100 million in debt financing for acquisition financing and working capital purposes; external counsel to the Regional Municipality of York, providing a wide range of municipal, real estate, expropriation, litigation, and commercial law advice and services; counsel to minority shareholder of a Nevis LLC worth more than US$ 500 million with respect to a claim for relief from unfair prejudice in litigation in Nevis and the Commercial Division of the Eastern Caribbean Supreme Court in British Virgin Islands, and in contemporaneous related actions in Belize and the United States.

NCSC research: More than half of civil caseloads are comprised of relatively low - value debt collection, landlord / tenant, and small claims cases.

While some may claim that a Living Trust will assure that your heirs receive money more quickly upon your death, the fact is that assets have to be collected and often sold; debts and taxes must be paid and a Living Trust does not change that.

Instead, the claim flowed from equitable principles entitling a guarantor to be subrogated to the claims of its payee, and as such, the selling shareholder's claim was one founded only in debt and nothing more.

It might be more convenient for the doctor in terms of collection of bad debt, insurance policy claims (where an insurance card would normally be required, at least), protection against fraud claims from an insurer, and medical record keeping to have a name, so a doctor might make it a policy to require ID, but it is not required by law (except where a government benefit provider like Medicaid or Medicare is involved and has a regulation requiring it).

It often arises in the context of a claim for guaranteed debts on the company's insolvency, but in Clarke v Clarke Construction Initiatives Ltd [2008] UKEAT / 225/07 it arose in a more straightforward context of a claim for unfair dismissal and certain other ancillary employment rights only available to an «employee» as defined in the Employment Rights Act 1996 (ERA 1996), s 230.

That way, I have the written evidence to quickly overcome any deficiency claims a lender, or more commonly, a third party debt collector may allege following a short sale.