Sentences with phrase «of available income»

A budget will provide you with the amount of your debt payments and the amount of your available income.

Simple, to optimize the use of your available income and reduce the amount of money spent on unnecessary expenses.

You'll be able to elect to repay your new loan under one of the available income based repayment plans or other flexible payment programs.

The lower and middle classes (the 97 %) will have to use a much larger portion of their available income to feed their family.

Your new spouse's income may affect your child support payments, however, if your state considers your spouse's income in its calculations of your available income.

In some cases, the amount of income shown on line 150 of a tax return or notice of assessment may not be an accurate indication of available income.

The amount of available income you have after taxes, or disposable income, makes all the difference in whether you can file for bankruptcy.

Dr Eduardo Bernabe, lead author from the Dental Institute at King's College London, said: «Using dental services can cost households a large proportion of their available income and push many into poverty and long - term debt.

Affordability is dictated by the debt - to - income ratio, which limits the percentage of available income allocated for debt repayments to just 40 %.

In 2010, the DOL noted that defined contribution (DC) plan sponsors offer no promise about the adequacy of a participant's account balance at retirement or of the available income stream, and that DC plans typically only make lump sum distributions available.

A bigger bite of available income has to be the amount of credit card debt carried by the over-65 group.

Budgeting and some financial counselling can also help in figuring out what debts to pay off in what order, and how to get the biggest bang out of your available income — versus shifting the responsibilities to yet another creditor.

Lenders use a debt - to - income ratio of 40:60 as the guide when assessing an application, with just 40 % of available income allowed to be used to make repayments each month.

Normally, you work out your offers of payment based on a pro-rata distribution of your available income, after you have worked out what you have to pay on any priority debts and your essential household outgoings.

An accurate view of your available income will help determine your ability to meet your monthly USDA mortgage payments.

Mr Justice Longmore held that they did not do so in the course of their trade, business or profession, but were disposing of their available income, in a way they hoped would be profitable.

This means that the paying parent has to pay a certain percentage of gross monthly income to the receiving parent, depending on the amount of available income and the number of children the couple has together, as reflected on the percentages and the table on this page.

If you choose to repay the new Direct Consolidation Loan under an income - driven plan, you must select one of the available income - driven repayment plans at the time you apply for the consolidation loan and provide documentation of your income.

With a 40:60 limit, it means that no more than 40 % of the available income can be reserved to repay loans.

The debt - to - income ratio stipulates just 40 % of available income can be used to cover debt, and once that is adhered to, approval with low credit scores is practically certain.

Furthermore, in most cases, you will need to show the lender that the amount of the monthly payments will not exceed 45 % of your available income.

The ratio stipulates that no more than 40 % of available income be used to repay loans.

But remember that securing approval with poor credit scores is conditional on satisfying the debt - to - income ratio, which states no more than 40 % of available income can be committed to repayments on a new loan.

So, 60 % of the available income is kept in reserve to deal with any unexpected additional expenses each month.

The debt - to - income ratio stands at 40:60, meaning no more than 40 % of available income can be used to repay loans.

The ratio states that no more than 40 % of available income can be used to repay debts, and that means keeping the size of the monthly loan repayments as low as possible.

A large unsecured loan requires large monthly repayments, but since the ratio permits a maximum 40 % of available income be used for repayments, it is important the monthly sum is kept low.

If you choose to repay the new Direct Consolidation Loan under an income - driven plan, you must select one of the available income - driven repayment plans at the time you apply for the consolidation loan and provide documentation of your income.

This means that only 40 % of available income should be dedicated to loan repayments etc..

This will enable all of my available income to be distributed to my creditors.

This will enable all of our available income to be distributed to my creditors.

You can work out offers of payment based on a «pro-rata distribution» of your available income.

Dear Sir / Madam Account No: I have been in touch with National Debtline who has advised me that they are able to offer me a debt management plan free of charge, enabling all of my available income to be distributed to my creditors.

Your loan servicer will base it on one of the available Income - Driven Repayment plans.

Despite the stated purpose of the statewide guideline and lack of trial court discretion, there is still substantial amount of litigation regarding the amount of available income.

Under the guidelines, the paying parent has to pay a certain percentage of gross monthly income to the receiving parent, depending on the amount of available income, the time each parent spends with the children, and the number of children the couple has together.