Sentences with phrase «n't restructure their debts»

As this large legion of insolvent debtors continue to age, those that don't restructure their debts before retirement will find it increasingly difficult to maintain their debt payments after they retire.

Not exact matches

Greece might not get the complete picture of how its debt is going to be restructured before June, the head of the euro zone's finance ministers said Friday.

That's because while declaring bankruptcy would help the sunny Caribbean island restructure and reduce its $ 72 billion debt load, it wouldn't help Puerto Rico slim down its costly government operations in order to avoid getting in trouble again.

A large share of Italian debt issued under domestic legislation does not have any contract terms and is regulated by an Italian law that gives the Italian Treasury ample latitude to restructure the debt... The composition of Italian public, however, is changing rapidly because in January 2013, Eurozone members started issuing bonds with standardized contract terms.

The legislation, called PROMESA, would create a federal oversight board to help Puerto Rico governments balance their budgets, improve financial reporting and facilitate debt restructuring when voluntary agreements between creditors and borrowers can not be reached.

These developments, along with the fact that the IMF has reiterated that Greece won't be able to make good on its debts without restructuring, shouldn't give anyone confidence that Greece is long for the Euro.

An independent expert's report into Atlas Iron's debt restructure plan has found lenders would get a much lower dividend if the scheme isn't approved by creditors later this month.

Sovereign debt crises tend to be messy and drawn - out — as Greece has shown — because the world lacks a global bankruptcy process to restructure debts that governments can't pay.

Despite his concerns over potential shocks coming from Italy and Germany, Papadimitriou said they will not derail the much - promised talks to restructure Greece's debt.

BRAZZAVILLE, April 19 (Reuters)- Congo Republic's current efforts to restructure its external debt will not affect multilateral creditors or holders of its Eurobond and regional bond, Prime Minister Clement Mouamba said in a statement late on Wednesday.

If we do not generate sufficient cash flow from operations to satisfy the debt service obligations, we may have to undertake alternative financing plans, such as refinancing or restructuring our indebtedness, selling of assets, reducing or delaying capital investments or seeking to raise additional capital.

Gov. Alejandro García Padilla is seeking a vast restructuring of the island's $ 72 billion debt after concluding that the island can not afford to pay all of it.

There can be a successful European Union, and many of the changes that are needed to ensure success are likely to be relatively easy to implement, especially if they are part of an overall package that includes significant debt restructuring and forgiveness, but the current structure is not in place.

They said the company is not currently pursuing a debt restructuring, although it is seeking relief from a $ 225 million term loan due in 2020 and $ 200 million revolving credit line that comes due in 2019.

Just last week, they got two major lenders, including Goldman Sachs, to agree to a restructuring of debt, but it's not yet a done deal.

Partial debt forgiveness has been a formal part of nearly every sovereign default or debt restructuring in modern history, although usually not until there has been a long and painful period of angry posturing and one or more partial restructurings.

For a third example, not everyone in the early 1960s believed that the USSR would inevitably overtake the US economically before the end of the century, but excluding fierce anti-Communists predicting fire and brimstone, I don't know anyone who expected that by the 1980s the USSR would essentially be insolvent (technically it wasn't, but LDC debt traders nonetheless included the country in their universe of defaulted or restructuring sovereign borrowers).

I trust and hope that our government will insist on debt restructuring, but I can't see how the German finance minister is ever going to sign up to this in the forthcoming Eurogroup meeting.

HFRI Event Driven Index maintains positions in companies currently or prospectively involved in corporate transactions of a wide variety including, but not limited to, mergers, restructurings, financial distress, tender offers, shareholder buybacks, debt exchanges, security issuance, or other capital structure adjustments.

«Under current federal law this is not permitted,» said David Tawil, co-founder and President Maglan Capital, who believes that if Congress were to pass this type of framework for debt restructuring, holders of Puerto Rico's paper who are forced to take haircuts «will have quite a strong legal argument».

If you have a financial crisis in which bad debt isn't restructured, there is really no moving ahead.

There are a lot of different kinds of bankruptcy, and they all lay out one way or another for a person or organization that can not pay back its debts to restructure its payments and move forward.

Financial records prove this; bonds issued, lower debt payments, restructure debt, stock price increase, yet not much funds available?

The governor was joined in Puerto Rico by more than a dozen New York lawmakers and public health leaders who offered advice on how to restructure an economy burdened with $ 72 billion of debt that Puerto Rican leaders do not believe they will be able to repay.

For the third time in a row, the heavily Democratic common council let Republican Mayor Erin Stewart know that she won't be able to pass a debt restructuring plan without their support.

School Board members haven't yet passed a budget for the coming school year, but they and other district officials are considering a mix of tax increases, position cuts, debt restructuring and program changes to cope with the shortfalls.

What does surprise me some is that the debt restructuring will not mean any layoffs.

Thus far, we've got a strong rally off the recent trough, with uninspiring sponsorship but good breadth, reasonable but not strikingly attractive valuations, and an overhang of increasingly distressed mortgage and non-residential debt that looks like Armageddon Part II in the offing, because we are doing nothing to restructure it.

It's important to remember that refinancing your mortgage does not pay off your debt; it simply restructures it under different terms.

It is important to work with skilled experts to give yourself the best chance at restructuring your debt to a level you can afford under conditions you can fulfill over a reasonable period of time, not to exceed five (5) years.

It provides a means to restructure your debts, working with creditors to pay what you owe whilst getting a level of protection that won't leave you penniless.

Because Chapter 13 requires that you make your regular mortgage payment, plus some to catch up the back payments, it may not be ideal for those whose income has decreased, unless there are other debts that can be restructured to make up the shortfall.

If you are in need of help with your debt, in need of debt relief, financial restructuring, answers to financial problems, you are not alone as many individuals deal with financial difficulties at some point in their lives.

After all, it doesn't cost the ECB anything to absorb those debts, but it indirectly spreads the risk to the euro - core nations if there is ever a default or unfavorable restructuring.

Bankruptcy also offers you the chance to restructure your debt — and, in the case of Chapter 7, when you absolutely can't repay your debt.

The facts are the situation isn't looking good: the pending PREPA July 1st default looms on the market, the possible restructuring of the Government Development Bank debt and the possible postponement of G.O. set — asides have sent alarms to G.O. bond holders.

There is additional legislation that has not been passed yet which would allow for easier and more favorable student loan debt restructuring in the near future.

If refinancing isn't an option, Money Mentors can help you restructure your budget to make managing debt obligations easier.

While debt consolidation helps you restructure your debt, it does not eliminate it.

The Scam «We'll reduce your debts by 70 % through a government mandated debt relief program» «We restructure your debt through a 100 % legal program approved by the court» «We work for you and not your creditors» Have you heard of these catchy slogans from debt consultants who will tell you anything you would like to hear?

So he is not able to restructure his debts through a consolidation loan.

While many companies have been able to file for Chapter 11 and successfully restructure their debts and remain in business, others have not.

With a Chapter 13 bankruptcy, if the filer submits a plan that will address all of the joint debt, the creditor can not pursue the spouse for payment of the debt during the restructuring payment period (which generally runs for up to five years).

Now, I must point out: i) Independent News & Media is currently in the throes of a debt & pension restructuring — this could possibly improve things, but I'm not convinced it's going to be sufficient, and / or dilution for existing shareholders might be so bad ultimately the shares might as well be worthless, and ii) I still say my zero valuation for Continental Farmers Group was about right (God, just look at cash, debt & cashflow in their latest results), but shareholders are v fortunately getting bailed out by the Saudis at GBP 36p per share.

a) Disputes filed - 18 months b) Inquiries - 2 years c) Payment profile -5 years d) Information related to a consumers payment behavior such as slow payer, defaulted or absconded - 1 year e) Information relating to the action that a credit provider has taken against a consumer to enforce a debt such as handed over, legal action or write - off - 2 years f) Debt restructuring - Until a clearance certificate is given g) Civil court judgments - 5 years or until the court removes it h) Administration orders (orders to put a consumer under administration)- 10 years or until the court removes it i) Sequestrations (order given by the court where the consumer is insolvent)- 10 years or until the court removes it j) Liquidations (order given by the court where the consumer is insolvent)- no time limit k) Court order removing a liquidation or sequestrations after all the debt was paid - 5 years l) Other information (information not covered above)- 2 years Other Useful Topics Learn how to dispute information on your credit report in South Afrdebt such as handed over, legal action or write - off - 2 years f) Debt restructuring - Until a clearance certificate is given g) Civil court judgments - 5 years or until the court removes it h) Administration orders (orders to put a consumer under administration)- 10 years or until the court removes it i) Sequestrations (order given by the court where the consumer is insolvent)- 10 years or until the court removes it j) Liquidations (order given by the court where the consumer is insolvent)- no time limit k) Court order removing a liquidation or sequestrations after all the debt was paid - 5 years l) Other information (information not covered above)- 2 years Other Useful Topics Learn how to dispute information on your credit report in South AfrDebt restructuring - Until a clearance certificate is given g) Civil court judgments - 5 years or until the court removes it h) Administration orders (orders to put a consumer under administration)- 10 years or until the court removes it i) Sequestrations (order given by the court where the consumer is insolvent)- 10 years or until the court removes it j) Liquidations (order given by the court where the consumer is insolvent)- no time limit k) Court order removing a liquidation or sequestrations after all the debt was paid - 5 years l) Other information (information not covered above)- 2 years Other Useful Topics Learn how to dispute information on your credit report in South Afrdebt was paid - 5 years l) Other information (information not covered above)- 2 years Other Useful Topics Learn how to dispute information on your credit report in South Africa.

There's two ways you can look at this — there are the not - for - profit credit counselling agencies and they're available in most major cities in Canada, that'll help you restructure your debts.

If you're unsure how much you should be saving talk with an adviser who can help you build a budget and show you ways to save that you may not have considered, like consolidating or restructuring debt to lower your interest costs.

I believe they have tried to restructure the debt, but the ongoing situation with our banks has not allowed this to bear fruit.

So if I'm in debt restructuring situation, I don't need checklist for that I check that the company actually has debt carrying capacity (take Sirius Real Estate for example).

Whether you are trying to eliminate your credit card debt or restructure your mortgage, we do not charge for the initial consultation.