Sentences with phrase «of liens in»

Practice Point: Juries need to be informed of the possibility of liens in personal injury cases.

It makes good financial sense to refinance a mortgage, especially if it means the house will be free of liens in a shorter amount of time.

The legal rights of liens are governed primarily by state laws, but since filing bankruptcy is a federal matter governed by federal laws, a debtor wanting to file bankruptcy should understand the significance of a lien in relationship to the bankruptcy process.

(3) When a loan is repaid in full, including interest, the City shall register a discharge of lien in the proper land registry office.

(7) Upon receiving payment of all costs payable plus interest accrued to the date of payment, the City shall register a discharge of the lien in the proper land registry office.

Not exact matches

While proceeds from a Caesars Interactive online games unit sale will help the bankruptcy estate, junior creditors may still object to the distribution of the funds because more money will end up in the hands of first lien banks and lenders.

The bank sought to fill the gap with a $ 200,000 SBA loan, something Wald wanted to avoid at all costs, recalling the consequences of the $ 30,000 SBA loan he'd received in 1996 (and since paid off): NetForce had trouble securing the kind of financing it needed because the SBA had taken a blanket lien on all the company's assets.

Instead, those paper records could be moved to the blockchain, where a transaction log can be securely stored — and still easily accessible — on what's known as a distributed ledger, «where you have absolute truth in terms of what those liens are and what that information is,» Cagney explained.

Thanks to disputes over income from Jingle All The Way and other movies, the state of California filed a lien for more than $ 2.5 million in unpaid taxes in 2008.

«With the US labor market recovery gaining momentum, the hope for stronger global growth in 2014 is motivating investors to take on risk,» said Kathy Lien, managing director of FX Strategy at BK Asset Management.

I recently attended a wealth expo recently where about 3,000 of the 6,000 attendees couldn't jump from their chairs fast enough when presented the opportunity to invest in insanely risky investments like tax liens.

MADISON, N.C., Feb. 12, 2018 / PRNewswire / — Remington Outdoor Company («Remington» or «the Company») today announced that it has reached a Restructuring Support Agreement («RSA») with creditors holding a majority of the FGI Operating Company, LLC («FGI OpCo») Term Loans due in 2019 and 7.875 % Senior Secured Notes due in 2020 (the «Third Lien Notes»)(collectively, the «Consenting Creditors»).

If you receive a notice of lien from the IRS or another government entity and believe there's been an error, follow the steps in the notice for correcting mistakes.

Using an extensive set of data on loan performance that we have developed with Equifax, we find that multiple first mortgage lien holders — that is, people owning more than one home — account for about 40 percent of the dollar volume of seriously delinquent mortgage balances, up from about 5 percent in 2004 (Chart 10).

While there is no specific collateral requirement for Fundation business loans, the lender has a blanket lien on your business assets, meaning that in the event of default, Fundation has the right to take possession of any business assets to fulfill the debt.

Over the last two years, Sharon Vogel and Bruce Reynolds have been at the forefront of change in Ontario's construction industry leading up to the fundamental amendment of Ontario's Construction Lien Act, which is currently under consideration by the provincial government.

In the case of a federal tax lien, it is possible to have it withdrawn if any or all of the following apply:

We invest in countries around the world at all levels of the capital structure — from debt (first lien bank debt, second lien loans and high yield bonds) to undervalued equity.

Measures of negative equity have become a key component in crafting policies to address the foreclosure crisis, as these borrowers are twice as likely to be seriously delinquent or in default on their first - lien mortgage compared with positive equity borrowers.

In addition, the invoices must be free of any liens or encumbrances.

However, in addition to this, they also take a blanket lien on all of the business's assets.

Some aspects of a negative payment history, such as accounts sent to collections, tax liens and bankruptcy, will fall off your record in seven to ten years.

James joined Triangle Capital (NYSE: TCAP)-- a publicly traded business development company focused on a variety of customized financing solutions including first lien, unitranche, and subordinated debt as well as equity for lower middle market companies — in 2010.

When you are approved for secured financing, a lender will file a UCC - 1 financing statement with the secretary of state (SOS), creating a lien against the asset (s) in particular (unless the lender files a blanket lien naming all assets) that's being used by the borrower to secure the financing.

Once a debt obligation is paid in full, a lot of times a lender will not terminate the lien automatically, this means that you could be closing up a financing arrangement and receive a delay or denial at the 11th hour, due to the results of your current lender's public records search uncovering the existence of UCC - 1 liens that are still active.

Outside of that, it also examines how a company has handled credit in the past, looking at things such as average credit utilization (how much of your available credit you use), as well as the frequency of any derogatory marks towards your account (payment delinquency, collections, liens, etc.).

In addition, once a secured debt obligation is paid off, you should request immediately that the lender terminate the lien on said asset (s) through the filing of a UCC - 3 form.

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.

I want to add that with a little research and education on the subject, tax liens are a fantastic way for the beginning investor to jump in with little money out of pocket!

This group of first - lien lenders will also provide $ 575 million in new capital, including a $ 250 million first - lien loan.

I don't day trade, buy calls, short sale, buy tax liens, broker debt, or invest in any type of hedge funds.

Issue Size Increased Houston - based Calpine, an independent power producer with 93 plants and customers in 21 states, sold $ 2 billion of first - lien senior secured notes due in February 2021 with a coupon of 7.5 %.

Once the loan is paid in full, you own the equipment free of any lien.

The office, which is located in the dark, cavernous basement of 60 Centre Street, is the clearinghouse for mechanic's liens and loan modifications.

It can sometimes be sensible, then, to shift a portion of the balance from your first lien to your new second mortgage to exploit this quirk in pricing.

That's because liens and judgments are only a small part of the financial bad news in these consumers» pasts.

A derogatory mark or a tax lien on your credit report isn't the end of the world, but it helps to explain why certain things appear in your credit history.

As noted in the Fund's June 30, 2016 Semi-Annual Report, the Fund held approximately $ 30 million market value of TXU Energy's first lien debt which was yielding approximately 15 % at the time it was converted into equity in the new TCEH Corp..

iPayment Holdings, Inc. and iPayment, Inc. in the exchange of $ 509 million of iPayment Holdings» 15.00 % / 15.00 % senior notes due 2018 and iPayment Inc.'s 10.25 % senior notes due 2018 for a combination of $ 296 million 9.5 % second lien notes due 2019 and iPayment common stock and warrants.

Cash money, however, may be required if there is a lien on the automobile that you are trading and the balance is greater than the appraised value of your trade in.

Catalyst # 2: De-risking: Continual reduction in structured finance exposures, declining claim payments on second - lien RMBS Catalyst # 3: Reimbursement for claims paid: Fairholme expects MBIA to recover at least half of the gross claims paid to date in a 2012 settlement or all in a 2013 trial.

These statements might include your assurance that the business is legally able to do business in the state, that the business has filed all its tax returns and paid all its taxes, that there are no liens or lawsuits against the business that could affect its ability to pay back the loan, and that the financial statements of the business are true and accurate.

Any amounts payable to a Sponsor Indemnified Party under Section -LSB--RSB- of the Trust Agreement may be payable in advance or shall be secured by a lien on the Trust.

The Trustee's costs resulting from the Trustee's appearance in, prosecution of or defense of any such action are deductible from and will constitute a lien against the Trust's assets.

A former student of mine, the lawyer David Wojcik, suggested that this arrangement could have an appeal to widowed friends, who could enter these arrangements in order to «share Social security benefits, health insurance, or to defer estate taxes or to protect real estate from Medicaid liens incurred for long term nursing home care.»

[1] For a summary of the evidence cf. S. Lilla, Dionigi lAreopagita e il platonismo cristiano, Brescia 2005, pp. 159 - 162; C. Steel, Proculus et Denys: De l'existence du mal in Denys l'Aréopagite et sa postérité en Orient et en Occident, Paris 1997, pp. 89 - 116; H. D. Saffrey Un lien objectf entre le Pseudo-Denys et Proclus in Studia Patristica IX, ed.

The pacifist answer is not to say simply that tyranny is better than war, though some pacifists do believe that to live under Communism is less of an affront to human dignity and less of a lien on the future than to reduce a nation to a shambles in the attempt to «liberate» it, as was done in Korea.

In November 1994 the IRS and the state of Florida were ready to file liens on the Lightning for $ 750,000 in past - due taxeIn November 1994 the IRS and the state of Florida were ready to file liens on the Lightning for $ 750,000 in past - due taxein past - due taxes.

Today we're talking with Hope Lien a mother of one who lives in Minneapolis Minnesota.

HOPE LIEN: We did stay in the hospital, it was a very small hospital but the staff there was extremely accommodating and they kind of were able to give us like our own little space and so we were kind of go back and forth between rooms and the baby would go back and forth between us and then yeah and we would also spend a lot of time with our birth mom and it was just it was a really memorable experience for sure.