Sentences with phrase «most assets seized»

Not exact matches

Because most SBA loans are secured by collateral and a personal guarantee, the bank will have the right to seize the business and personal assets you pledged.

Yet, even with all increasing red flags that suggest that assets held within the global banking system could be devalued, frozen, or seized, or all of the aforementioned, including warnings of possible negative interest rates applied to commercial and corporate bank accounts in the near future from big global banks like the Royal Bank of Scotland, most of us go about our daily lives without giving a second thought about taking preventive actions to prevent such mind - blowing and negatively impacting life - changing events from happening.

Most financial assets that can be seized and sold for cash are considered acceptable collateral, although each type of loan has different requirements.

Different laws about what can be seized in a lawsuit are enforced on a state - by - state basis, but most personal assets are at risk if you're found to be at fault for an accident and don't have adequate insurance.

If an individual declares a Chapter 7 Bankruptcy, most any assets, including any businesses owned, may be seized to repay creditors.

While technically any money in your bank account is an asset to be surrendered to your bankruptcy trustee, in most cases your trustee will not automatically seize your bank account if...

Unless the property has a high value, most creditors will not go through the expense of trying to seize a debtor's assets.

Borrowers will never receive loan proceeds equal to 100 % of the collateral's value, because even the most liquid assets can only be seized and sold through a court process that involves delay and expense.

As a matter of fact, the one who will loose a lot is the borrower as his asset will most likely be seized.

As long as you keep up with your payment agreement, the IRS won't seize your assets or engage in any other collection activity in most cases.

Auctions The Leicestershire (England) Police are auctioning about 1,200 comics — most of them are post-2000 DC Comics titles, described as in mint condition — seized as criminal assets...

The most interesting scenario is one from recent Moscow Court ruling, when court declared that creditors can't seize crypto assets of a borrower to recollect their dues.