Sentences with phrase «of reach of the creditors»

Not exact matches

Greece and its creditors appear to be one step closer to reaching a final agreement on the restructuring of the country's huge debt pile, according to Eurogroup President Mario Centeno.

The company has reached a restructuring agreement with a majority of its creditors before it filed for bankruptcy («prepackaged» bankruptcy) that included the sale of Bandolino to Authentic Brands Group.

The failure to reach a deal with creditors leaves Athens set to default on 1.6 billion euros of loans from the International Monetary Fund that are due Tuesday.

Meanwhile, Bank of Greece governor Yannis Stournaras warned Monday would be a «difficult day» if Greece's leftist government did not reach an agreement with its creditors, according to a Reuters report.

They called for immediate steps to reopen banks and said any deal must address debt sustainability - code for reducing Athens» crushing debt - but gave no hint of concessions from the Greek side towards its creditors» demands for deep spending cuts and far - reaching reforms of pensions and labour markets.

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 Creditorscreditors 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 CreditorsCreditors»).

Greece's political leaders, more accustomed to screaming abuse at each other in parliament, issued an unprecedented joint statement after a day of talks at the president's office backing efforts to reach a deal with creditors.

According to Griesa (uniquely), this means that if any creditor or vulture fund refuses to participate in a debt writedown, no such agreement can be reached and the sovereign government can not pay any bondholders anywhere in the world, regardless of what foreign jurisdiction the bonds were issued under.

Greek Prime Minister Alexis Tsipras will pick up talks with creditors after euro - area finance chiefs adjourned saying a breakthrough over the terms of aid remained out of reach.

If you find anything that's out of line — say, an unauthorized account or late payment reported in error — reach out to the creditor and credit bureau as soon as possible to start the process of getting it fixed.

Apparently the present owner, Apollo Global Management, has reached a deal with Claire's creditors, which include at least four large capital management firms, by which the creditors will take control of the ailing retailer.

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 addition, this fall the E.U. reached an agreement that actually has a realistic shot of lessening Greece's debt load and putting that country on a path toward recovery by forcing losses on official - sector creditors.

Macri moved quickly to resolve Argentina's outstanding debt to creditors, reaching a US$ 4.65 billion settlement which would see the largest remaining holdout creditors get 75 % of the outstanding amount on their full judgments.

Their love had never been one of creditor - debtor; But he felt that her hand, reaching to him across The year he had spent in failing to forget her And all they'd shared, simply wrote off a loss.»

Ending what has been a tumultuous six - month long negotiation process, last week the Greek Parliament approved the first package of austerity measures required by Greece's creditors as part of the «Greekment» reached in the early morning hours of 13 July 2015 in order to initiate talks on a Third Fiscal Adjustment Programme (or «Memorandum») and avoid Greece's expulsion from the Eurozone.

In addition to having the support of the Creditor's Committee, the labor unions representing OTB employees reached agreements earlier this fall which were ratified by their members.

A similar agreement was reached eight years later with the Paris Club of creditor nations (the last remaining Argentine debt still in default besides bonds held by holdouts) on debt repayment totaling $ 9 billion including penalties and interest.

Right now, it is hoping to reach an agreement with RD's creditors to arrange some reasonable kind of payoff schedule.

Michael Hansen, Chief Executive Officer of Cengage Learning, said in a statement, «We are pleased to have reached this agreement and gained the support of all of Cengage Learning's most significant creditors for our Plan of Reorganization, giving us a clear path to the successful completion of our financial restructuring.

The unpaid status of a medical bill no longer appears after the patient and creditor reach a settlement agreement.

After Oak View Law Group reaches a settlement with your creditors toward an amount you will pay back, you can expect a fee of 25 percent.

This means that if to some extent your debt problem has become a legal problem, a debt settlement company (usually a law firm or a company with expert lawyers) will be able to reach an agreement with the creditors and take your debt problem out of courts.

It is exempt, protected from the reach of creditors or the bankruptcy trustee.

IF IT HAPPENS «Credit Repair Today, works for you» - Contact creditors, banks, credit bureaus - File a Police Report and keep a copy in your personal records - File a complaint with the Federal Trade Commission, which can be reached at www.consumer.gov/idthft or [phone] - Keep a record of all communication you make with these agencies, including each person you speak with and everything you send them.

Nearly all retirement accounts that are governed by the Employee Retirement Income Security Act (ERISA, as it is called), including pensions and 401Ks, are not assets of a bankruptcy estate because they almost all universally contain an anti-alienation clause that protects them from the reach of creditors.

This places the assets beyond the reach of the parent or grandparent's creditors.

For the removal of both items, the consumer typically must also reach out to the original creditor as well, requesting deletion of the trade line they've probably been reporting since the account was first opened.

There are also certain agencies and professionals that can negotiate with your creditors so as to lower the interest rates, extend repayment schedules and sometimes, even cut a considerable percentage of your debt that can reach up to a 60 %.

Once an agreement has been reached between you and your creditors on a proposal amount, the monthly payment remains fixed for the duration of your proposal through its completion.

This way, with the help of your attorney, you can recoup funds from the creditor who has been reaching into your pocket.

Debt settlement, which is also known as credit settlement or debt negotiation, is a legal process in which a debtor — often, but not always, with the help of a credit counselor — can reach a legal agreement with a creditor to settle their debt for a lesser amount.

These alternatives may alert your creditors to the existence of nonexempt property that the creditor could reach and can involve considerable expense.

Debt settlement, which is also known as credit settlement or debt negotiation, is a legal process in which a debtor — often, but not always, with the help of a credit counselor — can reach a legal agreement with a creditor to settle their debt...

The purpose of this meeting is to see if an agreement can be reached with a majority of your creditors that have voted on your consumer proposal.

When the debt settlement company reaches an agreement with one of your creditors, you can pay it off with the funds you saved.

When the debt settlement company reaches an agreement with one of your creditors, you can use the funds you saved to settle the debt.

Each time our negotiation experts reaches a settlement with one of your creditors, we immediately contact you for authorization.

When the debt relief company reaches an agreement with one of your creditors, you can resolve the debt with the funds you saved.

Under Manitoba's new laws, debt settlement companies can only charge a fee if the creditor and debtor reach an agreement on a reduced payment, and their fees are limited to a maximum of 10 per cent of the debt owed.

In an equitable property state (a non-community property state), your creditors can only reach 1/2 of all joint assets.

We do reach out to creditors on your behalf and negotiate with them to eliminate or lower your debt, but we do not share your personal data or status of your debt settlement progress with anyone other than our Debt Settlement team.

Once the settlement is reached the company makes a lump sump of payment to your creditors.

«Our members provide clients with written action plans with various steps so they can take concrete steps of reaching out to creditors and negotiating fees,» says Gail Cunningham, spokesperson for the National Foundation for Credit Counseling (NFCC).

The second asset protection benefit is that the policy will not be deemed as owned by the employer - business entity and thus will not be within the reach of the business's creditors.

Their method of debt consolidation is to take all past due bills and attempt to reach a settlement with each creditor.

With debt settlement, you and your creditors reach an agreement on how much they will accept as full payment of your debt.

«Trustees in bankruptcy have an obligation to seek out and recover assets that have been concealed or put beyond the reach of the creditors by improper preferences, conveyances or settlements or by invalid security.

There may be considerable factual overlap between the individual creditors» allegations of fraudulent conduct and allegations that assets were put beyond reach of the creditors generally.

We guide clients through the often dizzying variety of choices in domestic and foreign trusts designed to put wealth beyond the reach of creditors.