Sentences with phrase «obligation debt»
The phrase "obligation debt" refers to a situation where someone owes a debt that they are obligated, or required, to repay. It means they have a responsibility or duty to pay back the money they borrowed. Full definition
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Reporting yet another overdue obligation debt will not affect an already low score.
Paying off high - loan cost obligation debt first saves money and usually lets you pay off the debt faster.
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The city has $ 37.6 billion of general obligation debt outstanding as of March 31.
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They were already at their maximum level of what they could expect given assumed growth in the property tax base, so what could they do if they wanted to issue more general obligation debt without raising the tax rate?
Minimum Payment: This is the smallest amount of money a creditor is willing to accept on a debt to avoid default on the obligation
, a spouse may only discharge non-domestic support obligation debts to the other spouse, related to separation and divorce, in a chapter 13 case and not in a chapter 7 case.
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Moody's rating was attributed to the county's «outstanding general obligation debt» which led to its removal of the negative outlook it issued in 2016.
The island is facing a crucial week with several bond payments, including a July 1 deadline to make a $ 655 million payment on its general obligation debt.
The state's agreement to pay off Hartford's $ 550 million in general obligation debt has prompted a dramatic upgrade in the city's bond rating and a shift to a stable outlook.
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In February 2014, rating agencies downgraded Puerto Rico's general obligation debt and some related bonds below investment grade, with further downgrades possible.
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