Sentences with word «nonpayment»

Your term life insurance policy also guarantees that you can reinstate it should it end up in a state of lapse because of nonpayment of premiums.

Again, this depends on your specific car insurance company and / or the state you reside in, but some of the most common penalties for nonpayment of premiums include:

The $ 43,881.25 wage nonpayment fee award was sustained because the fees spent on defeating plaintiff's breach of contract claims overlapped with work at the DLSE level.

If there are loan losses from nonpayment of the mortgages or home equity loans, the losses get funded by the overcollateralization account.

The rest who are bad will probably give you a reason to evict such as nonpayment of rent.

Most companies require authorization and failure to notify us may result in nonpayment of your claims.

FCIA's Trade Payables Financing Policy provides coverage to a bank against nonpayment of trade accounts payables due from a single obligor to a single or multiple sellers of goods or services.

Our aggressive and proactive approach to rent collection allows us to remain in control of all tenant related issues regarding nonpayment of rent and enforcement of the lease.

nonpayment proceeding: A court case started by a landlord / owner to collect unpaid rent and if the rent is not paid to evict the tenant.

COR is currently suing Howe for alleged nonpayment of an $ 85,000 loan it made to the lobbyist in 2015.

Consider the case of nonpayment under a very simple contract, where the only promise made is that Person A will perform and deliver some specific work, and Business B will pay them a stated amount for it upon completion.

In light of the Order of the Chief Administrative Judge, petitioners in nonpayment proceedings may continue to rely on the example of a notice of petition provided in 22 NYCRR § 208.42 (d) pending the effective date of AO / 168/17.

After 60 days of nonpayment on a typical credit card account, you will be facing late fees and perhaps an interest rate increase.

The scores run from 300 to 850 and are used to predict a borrower's likelihood of future nonpayment, with higher scores indicative of better creditworthiness.

Interest will continue to accrue during the period when nonpayment is made, which may result in higher total finance charges over the life of the loan.

● Carefully screen your tenants or hire someone to screen them to avoid issues with nonpayment of rent or too many vacancies.

If you have been ordered to pay child support, perhaps as part of a divorce, then nonpayment can result in stiff penalties — including jail time, in some circumstances.

«Independent workers are a third of the workforce, but without unemployment insurance and nonpayment protection, they're getting left behind.

Your creditor may have a specific way of handling bill nonpayment, so work together to agree upon terms that both you and your creditor are comfortable with.

He said the pension - fund nonpayment was not disclosed in previous Park District budgets.

The Nigeria Union of Teachers, NUT, has insisted that teachers in the state would defy the directive and continue with the strike embarked on over nonpayment of their salaries.

And you have only half a year of nonpayment before your debt may be sold to a collection agency.

Of course, your bank can foreclose your house for mortgage nonpayment, and your car can be repossessed if you miss car loan payments, as these are not covered by Chapter 7.

My guess is that many municipalities will file Chapter 9, but that California will avoid nonpayment.

Nonpayment at maturity may constitute default, which would negatively affect the issuer's credit rating.

Traditionally, high interest rates were designed to compensate creditors to cover their risk of potential nonpayment by the debtor.

This will be my final demand for payment of completed work, and any subsequent nonpayment will be taken as evidence that Business B is either unwilling or unable to uphold its obligations.

While the benefit is being paid, the life insurance will not lapse due to nonpayment if it is a condition of the rider.

If the plan's coverage lapses for any reason, like nonpayment of a premium, all of the premium payments are lost and the insured person is left with nothing.

Nonpayment doesn't always mean old accounts automatically classified as invalid.

The U.K. government is committed to exploring nonpayment applications of distributed ledgers, with the goal of streamlining public service work.

While it may seem difficult to ask a creditor for help, it's much easier to take this approach than to face damage to your credit rating or legal action for nonpayment down the road.

It is used to explain your financial situation and the reasons for the delayed or even nonpayment of the monthly payments such as in the case of mortgages.

The district court's decision, which approves nonpayment of assessments by owners, leaves the Association property vulnerable to levy and execution of the judgments.

What other industry out there allows for nonpayment for services rendered and where you only get paid if there is a physical transaction?

After 60 days, your insurer may only cancel for certain approved reasons, such as nonpayment of premium or losing your driving privileges.

The types of coverage available to exporters are numerous and include cargo insurance (to protect your goods in transit), credit insurance (to protect against nonpayment), fire and theft insurance, and foreign investment and trade risk insurance (for confiscation or expropriation of your property overseas).

Best to contact an attorney to determine regarding recourse regarding nonpayment as well as if there is any merit to the patent claim.

nonpayment proceeding: a court case started by the landlord to collect unpaid rent and to evict the tenant if the tenant can not pay the rent that is owed