Sentences with phrase «of debt management companies»

Debtors with financial dilemmas run into the arms of debt management companies to be rescued and act as the subordinates between them and the creditors.
You can also pay a fee to use the services of a debt management company.
They sought the assistance of a debt management company who not only helped them reduce their interest rates, but also to create a 57 - month payment plan.
Desperate consumers often don't stop to look at the fine print or to question the credentials of a debt management company.

Not exact matches

In the opinion of the Company's management, the debt - to - capital ratio is useful in an analysis of the Company's financial leverage.
Even to him, taking a part - time position to pay down more of his debt seemed like a peculiar thing to do as a Harvard MBA with a six - figure management job at a Fortune 50 company.
Today, Apollo Global Management bit, buying parent company CEC Entertainment for $ 1.3 billion, including the assumption of debt.
Taking on that kind of debt would be a risk the company can ill afford amid headwinds in Canada as consumers carry record debt, said Stephen Groff, who helps run $ 6 billion as a portfolio manager at Cambridge Global Asset Management, a unit of CI Investments Inc..
However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet.»
Albright Capital Management, a Washington - based hedge fund backed by former Secretary of State Madeleine Albright, has raised about $ 75 million in recent months to buy up bonds of debt - strapped companies in places like Latin America, Africa, India, Russia and Asia, filings show.
New Energy Capital Partners, LLC («NEC»), a leading alternative asset management firm focused on debt and equity investments in small - and mid-sized clean energy infrastructure projects and companies, today announced that it held a final closing for the New Energy Capital Infrastructure Credit Fund (the «Fund») with total capital commitments of $ 325 million.
We expect that the New Credit Facility will contain a number of covenants that, among other things, restrict SSE Holdings» ability to, subject to specified exceptions, incur additional debt; incur additional liens and contingent liabilities; sell or dispose of assets; merge with or acquire other companies; liquidate or dissolve itself, engage in businesses that are not in a related line of business; make loans, advances or guarantees; pay dividends or make other distributions (with certain exceptions, including tax distributions and repurchases of management equity); engage in transactions with affiliates; and make investments.
«An important driver of the Board's decision to explore a potential Crown REIT IPO was the proceeds the transaction would generate which could be used to fund a combination of capital management and debt reduction initiatives,» the company said.
According to management consulting firm McKinsey & Company, the world now sits beneath a mountain of debt worth an astonishing $ 200 trillion.
Nearly half of the debt was used to pay nearly $ 350 million in dividends to Morgan Stanley Private Equity, which acquired Tops in a leveraged buyout in 2007 and owned the company until it sold to Tops management in another leveraged buyout in late 2013.
This is a «prepackaged» bankruptcy filing where the company has reached an agreement with its creditors — which include PE firms Elliott Management, Monarch Alternative Capital LP, and Apollo Global Management — to restructure its debt, meaning that ownership will be transferred to creditors in exchange for some of the debt.
In too many of these PE deals, the acquiring parties grease the palms of the existing management, load debt on the company's balance sheet and subsequently take the loot for themselves.
M360 Advisors («M360») is a U.S. - based investment management company that manages diversified portfolios of senior debt investments secured by first - priority liens on income - producing commercial real estate throughout the United States.
The financing was provided by FS Investment Corporation, FS Investment Corporation II (FISCII) and FS Investment Corporation III (FISCIII), business development companies managed by affiliates of Franklin Square and sub-advised by GSO / Blackstone Debt Funds Management, an affiliate of GSO Capital Partners.
Management believes that the non-GAAP measure of Adjusted EBITDA is useful as an indicator of an oil and gas exploration and production company's ability to internally fund exploration and development activities and to service or incur additional debt.
In a related development, China's State Administration of Foreign Exchange (SAFE) issued new rules on Wednesday relaxing restrictions on multinational companies» management of their foreign currency - denominated debt in China, allowing them to pool debt from all their subsidiaries for central management.
The company is established by the talented team of professionals who have years of experience in banking, fund management, debt origination, bond trading and in sharia & conventional field.
Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
Under the Delaware Limited Liability Company Act and the governing documents of the Sponsor, the sole member of the Sponsor, Winklevoss Capital Management LLC, is not responsible for the debts, obligations and liabilities of the Sponsor solely by reason of being the sole member of the Sponsor.
Billionaire businessman owner of Global Fleet, Jimoh Ibrahim, has responded to claims that his multi-billion Naira assests are up for seizure by the Assets Management Company of Nigeria over a N50billion debt issue.
«In the immediate, what has stood in the way of the timely and efficient provision of waste management services or the collection of refuse or garbage, for that matter, was an outstanding debt of GHc 892 million which the ministry inherited from the previous government owed to waste management companies,» Mr. Adda explained.
The federal government publishes a list of approved debt management, credit counseling, and debt education companies.
This is pennies compared to the fees that formal debt management companies can charge, making it that much more difficult to ever get out of debt.
Finding a really good debt management company requires a lot of research.
In the hand of reputable company a debt management program can work to your benefit in many ways.
But instead of paying your creditors individually, you will just need to make a single payment to the debt management company.
A debt management company will often charge up - front fees as a «set up» charge and is paid a kickback or «fair share» as a percentage of the surplus that is paid to your creditor.
Beware of credit counseling or debt management companies who claim themselves to be a non-profit institution when in actually, they are far from being one.
This should include descriptions of all services that you will get and the cost of those services as well as a disclosure that the debt management company may impact your credit report and credit scores.
If you are having trouble paying your bills, there are debt management companies, typically non-profit, that will set up payment plans and negotiate lower interest rates, although balances are not reduced, lower monthly payments are able to be made get out of debt within 3 - 6 years, depending on the size of debt.
In the hand of reputable debt management company the program can work to your benefit in many ways.
Debt management services are one of many services offered by nonprofit credit counseling agencies or for - profit debt management companDebt management services are one of many services offered by nonprofit credit counseling agencies or for - profit debt management compandebt management companies.
In October 2007, Maryland Attorney General Doug Gansler announced that his office's Consumer Protection Division had reached a settlement with Richard Brennan, the Law Offices of Richard Brennan, LLC, and a related company called American Telecommunications Solutions LLC (collectively referred to as the Brennan Law Firm) in connection with their debt management and debt settlement services.
Debt management program online via our company is supposed to help you smoothen the process of repaying your debt faster by providing special benefits, particularly the reduction of the interest rate and eliminated charDebt management program online via our company is supposed to help you smoothen the process of repaying your debt faster by providing special benefits, particularly the reduction of the interest rate and eliminated chardebt faster by providing special benefits, particularly the reduction of the interest rate and eliminated charges.
Other services of non profit debt consolidation companies include money management budgeting as well as financial education.
This is a follow up post by one of our guest writers about her experiences with dealing with loan modification companies, debt settlement companies and other debt management programs.
There are arguments for both models; proponents of the fee - charging model (most debt management companies) will say they provide better service and that the advice given by non-fee-charging organisations is likely to be biased towards Debt Management due to the way they are fundebt management companies) will say they provide better service and that the advice given by non-fee-charging organisations is likely to be biased towards Debt Management due to the way they amanagement companies) will say they provide better service and that the advice given by non-fee-charging organisations is likely to be biased towards Debt Management due to the way they are funDebt Management due to the way they aManagement due to the way they are funded.
One type of help is contacting a credit card sponsored debt management company (CCCS), what they quickly find out is that the minimum payments required is usually equal to or higher than what they are paying now!
Debt management resources can guide consumers to the high ground of debt relief as many credit management companies discover the need for debtor assistance and educatDebt management resources can guide consumers to the high ground of debt relief as many credit management companies discover the need for debtor assistance and educatdebt relief as many credit management companies discover the need for debtor assistance and education.
This means that 100 % of the money you pay to your creditors each month goes towards paying off your debt (see do all debt management companies charge fees for more information about industry fees).
«This code isn't going to do much of anything to deal with payday lenders, rent - to - own companies or debt agencies,» says Jennifer Robson, a political management professor at Carleton University.
Yes, China has set up asset management companies to relieve the banks of bad debts, and transfer the losses to the MOF.
But is there a chance that given the extreme lack of risk taking and lending by banks that even healthy companies may cut dividends simply as a risk management mechanism to save capital in case their banks / debt holders are so risk averse that they do not roll over existing debt?
Most of these companies offer more than one type of debt management or consolidation program.
Most debt management companies require you to close credit card accounts since those are usually the cause of debt.
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