Sentences with phrase «of a debtor in»

In addition, there are millions of debtors in default.
That means all creditors will have to go through a US Bankruptcy Court trustee in order to deal with their debtors, and in the case of our debtor in the illustration, the stay would have stopped any debt collection activity that might have been keeping him awake at nights.
The 90 day rule is specifically mentioned in USC 547 (b) and specifically gives the trustee the option to avoid any transfer of interest of the debtor in property.
The CFPB estimated that older consumers owed $ 66.7 billion in student loan debt at the end of 2015 alone, becoming the fastest growing group of debtors in the student loan market.
Perhaps it was the 50 percent leaving college to become unemployed or underemployed, perhaps it was the 25 percent of debtors in loan repayment delinquency, perhaps it was the 99 percent at Occupy.
This would allow creditors to secure a sum of money due to or claimed by them, by preventing the removal or transfer of funds held to the credit of their debtor in one or several bank accounts within the territory of the EU.

Not exact matches

«Ontario is the largest subnational debtor in the world,» Oliver proclaimed from the comment pages of the Financial Post at the end of December, as if that (unsupported) fact carried profound meaning.
(See Making Student Debt Less Sticky) While the very uniqueness of each loan and each employee's situation makes it inefficient and uneconomical for any one business to take on the problem, in the aggregate this problem is a large source of growing concern for more than 40 million student and parent debtors (as well as their employers).
«The stark reality is that the debtors are projected to run out of cash in the U.S. in May 2018,» the court filing read.
Toys «R» Us said it received a commitment for over $ 3 billion in debtor - in - possession financing from lenders including a JPMorgan - led bank syndicate and certain of the company's existing lenders.
The documents resemble statements of claim in every respect (aside from the word «draft» stamped across the top) and lead debtors to believe they are facing legal action when in fact no litigation has been filed.
Ask customers to sign a release that «authorizes creditors to release relevant information,» Weissman says, to increase your chances of spotting problem debtors in advance.
SMALL to medium size business should rein in debtors and get their cash management houses in order to help prepare for the GST, the Aust - ralian Society of CPAs has warned.
All of this depends on your credit history and financial standing, so only student debtors who are in good standing with their loans are typically in a position to refinance effectively.
Sovereign debtors must agree to IMF «conditionalities» in order to get enough credit to enable bondholders to take their money and run, avoiding haircuts and leaving «taxpayers» to bear the cost of capital flight and corruption.
Debt transactions can also include security features tied to certain assets of a debtor providing an even greater level of security to creditors in the event of default or bankruptcy.
Professor, do you have a good feel for which entities in China hold large amounts of debt (are investors) and which entities are the biggest debtors?
In most cases, debt sits at the very top of the capital structure and in scenarios of liquidation or bankruptcy is first to be repaid with the assets of the debtoIn most cases, debt sits at the very top of the capital structure and in scenarios of liquidation or bankruptcy is first to be repaid with the assets of the debtoin scenarios of liquidation or bankruptcy is first to be repaid with the assets of the debtor.
When factoring in debt incurred during premed, a whopping 47 percent of debtors owe more than $ 200,000, and 13 percent owe over $ 300,000.
When growth is most needed, when a country is suffering from excessively high levels of debt, it is hard to find many cases in which the aggressive implementation of reforms led to growth rates fast enough for the debtor to grow its way out of debt.
The Treasury and Federal Reserve are only funding Wall Street, not the localities that are actually in need of revenue these days, and certainly not mortgage debtors.
He is accused of repeatedly losing money for investors and lying to them about it, illegally taking assets from one of his companies to pay off debtors in another.
On February 21, CNBC reported that Toys «R» Us was at risk of breaching a covenant on a $ 3.1 - billion debtor - in - possession loan.
Though student debtor households tend to have larger total debt loads, indebtedness needs to be assessed in the context of the household's economic resources.
Tokens or «numeric characters» referred to in the document acquired for the purpose of exercising the rights certified by the marker» will be classified in terms of how credit «calculations with different debtors and creditors» and «other income and expenses».
He was also a restructuring advisor for Crossroads LLC, where he advised debtors and creditors on restructurings both in an out of bankruptcy.
But their agenda is to make the economic polarization between creditors and debtors irreversible, ushering in a Dark Age of austerity and deepening debt peonage in which wages, profits and property rents are earmarked to pay interest — on loans that can't be paid in a shrinking economy.
If you are trying to find bad credit loans in Toronto, Mississauga, Brampton and the rest of the GTA, Addison Credit offers financing to debtors with poor credit, newcomers to Canada, and borrowers with a history of repossessions, bankruptcies, and other negative events.
To quote from the company's 2017 10 - K filing «We represent underperforming companies that are debtors - in - possession and lenders... we provide independent litigation consulting, including bankruptcy and avoidance litigation... [and] advise our clients in response to allegations involving the propriety of accounting and financial reporting, fraud, regulatory scrutiny and anti-corruption.»
In the most current round of hostile words and phrases from Europe's largest debtor country, Germany's Wolfgang Schaeuble warned Athens» brinkmanship above employing economic reforms could consequence in a «Grexident»In the most current round of hostile words and phrases from Europe's largest debtor country, Germany's Wolfgang Schaeuble warned Athens» brinkmanship above employing economic reforms could consequence in a «Grexident»in a «Grexident».
Once you start growing your debt, in the case of the United States, when you consume more than you produce and you become a debtor nation and then all of a sudden you balance your trades out there is a lack of savings going on.
This fig leaf of humanitarian concern for debtors enables the government to provide public credit that ends up in the hands of the super-rich who own and manage the financial and property sector.
This will save you money in the long run: decreasing the time you pay on a loan will keep the interest in your pocket and out of your debtor's bank account.
Only those debts acquired together, where both signatures are in the piece of paper, the debtor is allowed to seek compensation from either partner.
One of the major factors in repayment is the current debt being carried by the debtor.
That's the power of compounding working in your favor, not in your debtors»!
But a growing part of the economy in every country has been the Finance, Insurance and Real Estate (FIRE) sector, which comprises the rent and interest paid to the economy's balance sheet of assets by debtors and rent payers.
The Gospel reading in Luke 16:1 - 13 speaks of a labor dispute in which a dishonest worker faces dismissal and shrewdly maneuvers in a final gambit to win himself friends among his employer's debtors.
In this study we have seen the practical results of that reversal: We are to save our lives by losing them; we are to love our enemies; we are to forgive our debtors.
It is indeed praiseworthy for victims of crime to forgive their debtors, but such personal pardon does not absolve offenders from their obligations in justice.
It was originally a term of Roman and Civil law to express the character of a contract which in a single matter involved several obligations on the part of the debtors, with corresponding rights to the creditors....
«Forgive us our debts»: reminds us that we are sinners in need of forgiveness, «as we also have forgiven our debtors
Nebuchadnezzar's sins, conceived of as debts, have risen to such a level that his creditor, God, is about to demand repayment in the form of punishment: He is calling in the bond he holds over this unfortunate debtor.
Some of the more notable of these expressions of discontent include the American [Know Nothing] Party, founded in the decade before the Civil War to counter the influence of immigrants; the Prohibition Party, founded after the Civil War to rid America of the scourge of demon rum; the Populist Party of the 1890s, which sought to remedy the lot of debtor farmers; and, in this century, the pro-segregation States» Rights Party of 1948.
The debtor had no hope of winning the case; the law was entirely in the creditor's favor.
Saudi money may keep the country from becoming one of the world's chronic debtors, but in exchange the Saudis encourage Nigerian leaders to favor the causes of the country's Islamic population, and they take all available opportunities to build mosques.
The master praises this dishonest steward for his «prudence» in seeking to gain the friendship of his master's debtors by reducing their debt, even though the master himself will suffer financially from the actions of his soon to be ex-steward.
The Mishnah begins a discussion of a hypothetical case, «If a man seized a debtor by the throat in the street...», assuming this to be the normal practice (B. B. 10.8)!
The parables disclose with what pleasure and tolerance he surveyed the broad scene of human activity: the merchant seeking pearls; the farmer sowing his fields; the real - estate man trying to buy a piece of land in which he had secret reason to believe a treasure lay buried; the dishonest secretary, who had been given notice, making friends against the evil day among his employer's debtors by reducing their obligations; the five young women sleeping with lamps burning while the bridegroom tarried and unable to attend the marriage because their sisters who had had foresight enough to bring additional oil refused to lend them any; the rich man whose guests for dinner all made excuses; the man comfortably in bed with his children who gets up at midnight to help his importunate neighbor only because he despairs of getting rid of him otherwise; the king who is out to capture a city; the man who built his house upon the sand and lost it in the first storm of wind and rain; the queer employer who pays all of his men the same wage whether they have worked the whole day or a single hour; the great lord who going to a distant land entrusts his property to his three servants and judges them by the success of their investments when he returns; the shepherd whose sheep falls into a ditch; the woman with ten pieces of silver who, losing one, lights the candle and sweeps diligently till she finds it, and makes the finding of it the occasion of a celebration in which all of her neighbors are invited to share — and how long such a list might be!
When he was seventeen years old Louis joined the Jesuit order, (In his boyish note - book he praises the monastic life for its freedom from sin, and for the imperishable treasures, which it enables us to store up, «of merit in God's eyes which makes of Him our debtor for all Eternity.&raquIn his boyish note - book he praises the monastic life for its freedom from sin, and for the imperishable treasures, which it enables us to store up, «of merit in God's eyes which makes of Him our debtor for all Eternity.&raquin God's eyes which makes of Him our debtor for all Eternity.»
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