Sentences with phrase «new debt incurred»

A Chapter 13 will allow him to save his house and force the bank to take a repayment plan even if it doesn't allow for a discharge of any new debt incurred after the prior Chapter 7.

Some states have gotten fairer about new debts incurred during a separation.

Not exact matches

We expect that the New Credit Facility will contain a number of covenants that, among other things, restrict SSE Holdings» ability to, subject to specified exceptions, incur additional debt; incur additional liens and contingent liabilities; sell or dispose of assets; merge with or acquire other companies; liquidate or dissolve itself, engage in businesses that are not in a related line of business; make loans, advances or guarantees; pay dividends or make other distributions (with certain exceptions, including tax distributions and repurchases of management equity); engage in transactions with affiliates; and make investments.

It simply means that no new debts are being incurred.

A zero net transfer occurs when «inflows from new international lending have roughly offset the outflows to service debts incurred in earlier years»; a negative net transfer is when a country «actually pays more in debt service than it receives in new money» (p. 36).

The remainder will be paid by New York City, federal tax dollars and tolls and fares and debts incurred by the Metropolitan Transportation Authority.

I believe it is important that the ECFSA Board of Directors present the plan and publically answer any questions the Legislature may have before hundreds of millions of dollars are borrowed and the county incurs new debt,» said Chairman John Mills.

After Katrina, researchers found that the worst - flooded residents relied on credit cards in modest amounts — incurring an average temporary increase of 15 percent, or $ 500, in new credit card debt.

With this new development in my life, I am not ready to start a new job where I might be less flexible with my time, even though it may pay more and we could finally pay off the credit card debt we incurred as graduate students.

NEW ORLEANS — Restrictive health - insurance policies and the high debt incurred by medical students will adversely affect the way health care is provided to children, a panel discussing the future of pediatrics said here last week.

Pennsylvania took over Philadelphia's public schools in 2001, and test scores have dropped while the district wrestles with the debt it incurred from pension obligations and funding new charter schools.

They could enroll new teachers in a new retirement system without incurring much in the way of additional costs, stop adding to their already large pension debts, and better serve the majority of teachers.

RRIF direct loans can only be used to refinance outstanding debt incurred for certain types of eligible projects, including debt incurred to acquire, improve, or rehabilitate intermodal or rail equipment or facilities, including track, components of track, bridges, yards, buildings, and shops, and costs related thereto, or to develop or establish new intermodal or railroad facilities.

RRIF guaranteed loans can only be used to refinance outstanding debt incurred for certain types of eligible projects, including debt incurred to acquire, improve, or rehabilitate intermodal or rail equipment or facilities, including track, components of track, bridges, yards, buildings, and shops, and costs related thereto, or to develop or establish new intermodal or railroad facilities.

If you live in a community property state: Alaska, Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin the surviving spouse is responsible for debts incurred by the account holder during his or her marriage — even if the surviving spouse did not cosign.

Thus, unless incurred in new debt, refinancing is out of the question if you already obtained this benefit before.

If you proceed with this mortgage loan, you should also remember that you may face serious financial risks if you use this loan to pay off credit card debts and other debts in connection with this transaction and then subsequently incur significant new credit card charges or other debts.

Sometimes you have to start small, and any balance that you can transfer that won't incur any new interest is a tremendous way to effectively manage any debts.

When a business credit card account is opened, a personal guarantee is when an officer of the corporation designates himself and is bound by contract to be liable for all debts incurred on the new credit card.

Typically, when you incur new debt, it initially will hurt your score because there is no payment history, but as payments on the account are made timely, it will help your score.

Unlike the squeeze on deducting home mortgage debt, which applies only to debt incurred after Dec. 14, 2017, the new law ends the home - equity debt deduction immediately.

Once you consolidate your debt, don't incur any new debt.

Clients who wish to refinance their mortgage must file a Motion to Incur Debt since this is a new loan.

We will then file a Motion to Incur the new debt and obtain the Court's approval.

Then, once you have that fresh start, if a credit card is essential, consider your options and pick the option that will meet your objectives, but also prevents you from incurring new, unwanted, future debt.

If you wish purchase a new car and must take out a loan to do so you will need Court approval to incur this new debt.

Don't incur any new debt.

If you know you want to, say, apply for a mortgage soon, keep things low key for several months by not suddenly taking out a card or incurring new debt.

In a rising interest rate environment, consumers should consider the impact that higher rates may have on their existing loans, new debt they plan to incur and their personal savings.

Despite the fact that you are incurring a new debt on the one card, simultaneously you are paying off multiple debts.

While on a DMP, you will also be strongly encouraged not to incur any new debt.

During the recession, borrowers began to focus on getting out of debt or, at least, to not incur any new debt.

«When the egg nog and mistletoe have worn off,» says Gary Garland, an accredited estate planner with New York - based Integrated Wealth Solutions, «the debts you incur will last far longer than the fragrances of the holiday.»

However, if you live in a community property state (California, Arizona, Idaho, Nevada, Louisiana, New Mexico, Washington, Texas or Wisconsin), your spouse and you may be responsible for debts incurred during the marriage, and the individual debts of your spouse may appear on your credit report as well.

Do not open any new accounts or incur new debt.

You can pay down debt without incurring new interest charges — but this strategy only works if you have credit card spending under control.

Your budget should show your net income, fixed expenses (i.e. rent, cell phone, utilities, etc.) and an informed estimate of your variable expenses (i.e. groceries, entertainment, eating out, etc.), plus the monthly payment for the new debt you're incurring that your cosigner will be backing.

Reporting rent payments to credit bureaus — companies that gather and maintain individuals» financial information and sell those reports to creditors and lenders — is a relatively new and powerful way for people who rent to quickly build their credit without incurring any debt.

Let us assume you live in Texas, you have not yet filed for bankruptcy, you just got a new job for the first time in three years, you owe a credit union money for an unsecured loan of $ 7,500, you owe over $ 75,000 in credit card debt, a collection agency is currently threatening a lawsuit against you, you have student loan payments due that are incurring interest, and you have back taxes due.

Incurring new debt could undermine your ability to repay your balance transfer before the introductory period expires, and — unless your new card includes a 0 - percent introductory period for new purchases — you will immediately start incurring interest on that Incurring new debt could undermine your ability to repay your balance transfer before the introductory period expires, and — unless your new card includes a 0 - percent introductory period for new purchases — you will immediately start incurring interest on that incurring interest on that new debt.

You incur credit card debt because you have to furnish a new home - debt!

Look closely at all terms and fees on a Balance Transfer Card, including those for new purchases, to make sure that how you plan to pay down the consolidated debt and use the card will enable you to save money without incurring additional fees or interest.

These new limits don't affect up to $ 1 million of home acquisition debt taken out before December 16th, 2017 or incurred to buy a residence under a contract if the transaction closed before April 1st, 2018.

In order to meet GSE requirements, lenders must verify that an applicant hasn't incurred new debt or liability prior to closing.

According to a survey conducted by the American Veterinary Medical Association, a new veterinary school graduate can incur an average educational debt of approximately $ 135,283.

If your primary goal is to use the introductory offer to pay off debt, try to avoid new purchases that will incur more debt.

You should consider: Find a card that lets you focus on paying your debt off rather than incurring new charges.

Unfortunately, debts incurred during the new Museum construction were a persistent and insurmountable burden.

According to the Albuquerque Journal, the State of New Mexico reclaimed Encanto from the New Mexico Computing Applications Center (which has managed the machine since its inception) because the nonprofit has incurred significant debt in maintaining it.

He also copied the New York Office of the Attorney General, asking for «confirmation» that the statute of limitations had run (query how the AG would know that without any details as to when the debt was allegedly incurred).