Sentences with phrase «of clearing debt»

There is absolutely no doubt that bankruptcy is a highly effective way of clearing all your debt.
The thought of clearing a debt with the IRS in one fell swoop is certainly appealing, and if your credit rating is not in good standing in order to obtain a bank loan, that credit card can sure look good.
The advantage of clearing debt in this manner is pretty straightforward.
Rather, it is a matter of clearing debts quickly by buying out the balances with a more affordable loan at a more flexible repayment structure.
The benefits of clearing debts immediately are taken into account when the debt consolidation loan application is being accessed.
But thankfully, a debt consolidation loan exists purely for the purpose of clearing debts, so the issue of credit scores is much less significant.

Not exact matches

On November 16, 2006, Clear Channel Communications, which was publicly traded at the time, announced that it had agreed to a leveraged buyout totaling $ 26.7 billion, including $ 18.7 billion for the shares plus the assumption of $ 8 billion in debt.
Benoit Coeure, executive board member of the European Central Bank (ECB), told reporters Friday that the clearer the debt measures are, the easier it will be for Greece to regain market access.
The most recent projections, granted their tentativeness, nonetheless make clear that the highly desirable goal of paying off the federal debt is in reach before the end of the decade.
Essar Steel is among a dozen https://www.reuters.com/article/india-bankruptcy/indias-bhushan-essar-steel-amon g - 1 2 - f i r m s - b e i n g - m o v e d - t o - i n s o l v e n c y - c o u r t s - s o u r c e s - i d U S L 3 N 1 J D 3 3 F of India's biggest debt defaulters that were pushed into the bankruptcy court last year after a central bank order aimed at clearing record bad loans at the country's...
Moody's decision to leave the government's rating in investment grade reflects the underlying strength of the Spanish economy and the government's clear desire to reverse the debt trajectory through a strong fiscal consolidation programme.
And sticking with the debt theme, it became clear over the weekend that Puerto Rico was on the verge of bankruptcy.
The message is crystal clear: Greece will never prosper until it is unburdened from a huge portion of its crippling debt weight.
As a result, it is now clear that the U.S. is in the latter stages of the multi-year credit cycle, a period when rising corporate leverage negatively affects returns to corporate debt as investors demand higher risk premiums to compensate for the greater volatility created by increased leverage.
Once you pay the outstanding debt, the government will send you a certificate of release to prove that you're in the clear.
«I think the I.M.F. raising the debt sustainability issue as clearly as they did, the United States making clear that sustainability had to be dealt with, was a helpful contribution to the conversation, because without dealing with some form of debt restructuring, this problem will just come right back,» a senior United States Treasury official said on Thursday, as Treasury Secretary Jack Lew traveled through Europe.
As the presidential elections draw near, the nation's debt woes are coming into clearer focus — and Bank of America - Merrill Lynch Global Research warns that the «fiscal cliff» is bigger than most market observers imagine.
To be clear though, preferred stockholders generally don't have a preference over traditional debt or convertible notes (another form of short - term debt), so don't forget to check whether a company has outstanding debt obligations.
Unlimited liability: This means that in case the business runs bankrupt, the assets of the business owner will be sold to clear off the debts.
What's clear in the IMF analysis is that the projections for both debt and financing needs are at «considerable» risk of being missed due to the optimistic assumptions that underpin the figures:
The Constitution is pretty clear: It's in Congress's power «to lay and collect taxes, duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States,» and regulate trade between the US and other countries.
Also, I love (d) that MMM post about debt as an emergency; it was pretty influential for my decision to do everything I could to clear my student debt by the end of my 1 - year contract.
Feeling good about these «pictures» of yourself will do you good in deciding to steer clear from debt.
There are lots of moving numbers here, but the point is clear: As standalone companies with ever - falling revenue, each will have a more direct responsibility for paying off debt, and the likeliest place to pay for it may well be more aggressive staff cuts.
However, what is clear from the IMF analysis is that without some form of debt relief, the reforms agreed this week, and even decades more of austerity, could prove meaningless, and costly for both creditors and the Greek economy.
Maintaining clear and comprehensive balance sheets, and measures to prevent unsustainable levels of funded debt and other liabilities, are an increasingly pressing challenge.
Fitch Ratings, confirming its BBB rating — the second - lowest investment grade — and a stable outlook, said today the rating «would come under pressure» if there was no clear expectation of the Paris - based company's ratio of adjusted net debt to earnings staying below 2.5 times in the «medium» term.
This means that over time, your credit card debts could cost you a lot of money in interest unless you clear your balance on time every month.
With the S&P 500 within about 8 % of its highest level in history, with historically reliable valuation measures at obscene levels, implying near - zero 10 - 12 year S&P 500 nominal total returns; with an extended period of extreme overvalued, overbought, overbullish conditions replaced by deterioration in market internals that signal a clear shift toward risk - aversion among investors; with credit spreads on low - grade debt blowing out to multi-year highs; and with leading economic measures deteriorating rapidly, we continue to classify market conditions within the most hostile return / risk profile we identify — a classification that has been observed in only about 9 % of history.
Last year, iHeartMedia flagged «substantial doubt» about its ability to continue as a going concern, as it struggled to get out from under a massive debt load it took on as part of a leveraged buyout of billboard company Clear Channel Outdoor in 2008.
This results in a pile of stuff no one wants — and a credit card debt that will take months to clear.
It is clear that the unsustainable debt accumulation and the disastrous boom - bust cycles of recent decades have brought the world ever closer to an abyss.
The government's budget had less short - term impact on financial markets, but there is starting to be a clear pattern whereby the closing of the budget deficit (and the stabilisation of government debt) which were supposed to be achieved by 2015 are continuously being pushed further into the future.
Just to be clear, having too much debt can be a problem regardless of how you've handled your payments in the past.
It is clear that economies develop bubbles as a means of carrying their debts.
«As part of the new Regulations, an official joint announcement will be released during the upcoming PBOC press conference making it clear that neither the People's Bank of China nor the Hong Kong Monetary Authority recognises Bitcoin or any other virtual currency as legal tender, thus, making its use as an official currency to settle debts and financial obligations illegal.
This process of aggregating assets, paying of debts and distributing any remaining to your heirs is called probate, and can take several months if you don't have a clear will in place.
Given its multi-year recession, high unemployment, dwindling population, high energy costs (the list goes on), it seems clear to us that Puerto Rico is in no position to grow itself out of debt any time soon.
The Fed switched to a policy of intentionally creating asset bubbles because the alternative would be to let the financial system reset by allowing the debt to clear.
Merkel said that rendering Greece's debt sustainable wasn't discussed in detail, but «it became clear that this question of financial viability has to be part of the agreement.»
«As far as the question of Greece's ability to finance itself and its debt sustainability, this wasn't discussed in detail, but it became clear that this question of being able to finance itself must be part of the deal,» Merkel told reporters after the meeting.
The Bank of Canada has laid out a clearer path for interest rates, pushing back the timing of an eventual increase, while warning for the first time that it could boost rates to dissuade consumers from taking on more debt.
While it was not immediately clear just how much of Puerto Rico's $ 70 billion of debt would be included in the bankruptcy filing, the case is set to dwarf Detroit's insolvency in 2013.
The only thing you have wrong is inserting your clear self interest and calling for the government to not intervene, despite the fact that our debt to income ratio is the highest of the G7 countries and higher than it was in the US in 2008 — this is not part of a normal economic cycle and you're being irresponsible.
When we look at marriage from the very practical standpoint of housing, financial means, budgets, debts, and inheritance, it is clear that marriage can not be reduced to an emotional attachment and a distant promise of mutual aid.
Now years later after the stadium debt has long been cleared and most of the resources that was used to cover that is now diverted to other aspects the club needs such as: player wages and transfer budget.
I agree with some of what You said, but hey most of the debt is cleared we got the new stadium and yes Arsene now may afford buying better players.
His money could help us clear any debt and if him and Wenger work together he could help us shift funds to sign more players of the future.
Exactly, so sick of the stadium debt being used as an excuse, nonsense, around 34 million from day one and still at that rate for some years to come, no debt is cleared, payments are the same!
We are just clearing our debts and began to see some revenue so we must spend it wisely and not just for the sake of spending.
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