Sentences with phrase «of recovery of the debt»

We are experienced in determining whether or not a debtor has assets, the location of assets, whether they have been fraudulently conveyed or hidden, or dealt with by the debtor contrary to the statutory provisions of the Assignments and Preferences Act, R.S.O. 1990, c. A. 33 and / or Fraudulent Conveyances Act, R.S.O. 1990, c. F. 29, and providing an assessment of viability of recovery of the debt.

Not exact matches

It was millions of dollars in debt, with little hope for long - term recovery.
All any self - declared «debt collector» has to do is to give the financing platform — which promises debt collectors a commission as high as 40 % of the whole loan if the recovery proves successful — their own photo and ID card number, and go through a weeklong wait for verification.
The eurozone's recovery from the sovereign debt crisis has been about improving situations in the economic bloc's peripheral economies like Italy and Portugal, and this new batch of uncertainty in Portugal's financial sector is not sitting well with investors.
Seadrill said the approved plan, which extends maturities of $ 5.7 billion in bank debts, converts $ 2.3 billion of unsecured bonds to equity and injects $ 1 billion in new debt and equity, would enable the company to take advantage of a market recovery.
Some of the provinces and companies have built up debt in recent years during the recovery, since there has been so very much artificial liquidity all over the world.
When we first found ourselves searching dark buildings for our missing son, we had no idea that this misery would continue for years to come, including 12 relapses and over $ 200,000 of debt tied to failed residential and outpatient recovery programs.
Part of what has supported this recovery since the crisis has been fiscal policy, so we have much higher government debt than we had before, where is the room for governments to do fiscal expansion in a renewed downturn?
A federal appeals court has affirmed four lower court judgments that debt collector Portfolio Recovery Associates violated federal law by failing to report to credit bureaus when consumers disputed the amount of debt they supposedly owed.
«That turned out to be wrong, as a painful process of balance - sheet deleveraging — reflecting excessive private - sector debt, and then its carryover to the public sector — implies that the recovery will remain, at best, below - trend for many years to come.»
When TIME's cover story was published, millennials were in the fourth year of the «jobless recovery,» facing high unemployment, mounting debt, and an eroded social safety net.
The real issue that was not addressed in the budget is the absence of any economic engine to spur a recovery in growth in 2014 and beyond, The household sector is deep in debt; housing construction has stalled; companies lack confidence and are not investing; the federal and provincial governments are in serious restraint mode; and the export sector is weak and deteriorating.
The PBO identified four key downside risks to the private sector forecast: global growth, especially in the U.S. could be slower than anticipated; the appreciation of the Canadian dollar could adversely affect exports; sovereign debt issues in Europe could restrain recovery there and put upward pressure on global interest rates; and the high level of household debt in Canada could restrain domestic demand.
But every new business recovery increased the ratio of debt to national income.
MH: The problem of inadequate consumer demand to fuel an economic recovery does not lie with the cost of labor so much as with the fact that it is now normal for families to pay a quarter or even a third of their income for debt service.
Either way all of this creates ugly and self - reinforcing disinflationary dynamics in Australia and ugly and self - reinforcing depreciation dynamics in Brazil (depending on the extent and structure of external debt, about which I no longer remember much) both of which cases may be hard to shake off without a major US recovery.
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.
With Weatherford having a lot of debt on its balance sheet, the moves are critical steps toward helping the company make a full recovery from tough times in recent years.
Meanwhile, the austerity needed to service those debts was crushing any hopes of a recovery.
The recent announcement by European central banks to restrict further sales of gold and the decision by the IMF to fund its debt - relief initiative with off - market transactions, contributed to a sharp recovery in sentiment in the gold market in late September; the gold price in US dollars increased by around 25 per cent in the wake of these decisions, but has since retraced about half of this rise.
Household debt has been considered by the Bank of Canada as a key domestic risk to the recovery to the economy.
In Q4 2011 Greece's debt restructuring plans hung in the balance, its southern European neighbors were revising already pitiful economic forecasts downwards and any tangible signs of a recovery in the US seemed a long way off.
It's a near certainty with the island likely to record its first default on August 1st (the commonwealth failed to make the necessary deposit to cover debt of its Public Finance Corporation due August 1st), and with the governor's Economic Recovery Working Group expected to make reform recommendations by August 30th.
In the early stages of this recovery, many corporations sensibly used access to inexpensive debt to term - out existing debt and to raise cash cushions on their balance sheets, an understandable response to the financial crisis and subsequent recession.
Many have argued that we overstate the importance of housing and household debt in explaining the Great Recession and weak recovery.
As we have long expected, the economy is tracing out a trajectory typical of the weak recoveries that follow balance - sheet induced recessions and credit crises caused by highly excessive debt.
Given the credit crisis and the fragile nature of the recovery, specific opportunity, particularly in the areas of real estate and corporate debt, await the keen investor.
«Excessive student debt can slow the recovery of the housing market,» CFPB student - loan ombudsman Rohit Chopra wrote in a blog post.
Jakarta's 38.9 % increase was driven by a substantial recovery in domestic demand in the wake of Indonesian sovereign debt's return to investment - grade status, which energized leveraged investment initiatives and drove up demand for prime office space across the capital.
Until sleep debt is paid back, it's fine to sleep longer than usual; one study found that just one 10 - hour sleep session significantly improved cognitive function following five nights of sleep deprivation Neurobehavioral dynamics following chronic sleep restriction: dose - response effects of one night for recovery.
But the whole world now realises that the huge overhang of debt means that the recovery will take longer and be harder than had been hoped.
History teaches us that recovery from this sort of debt - driven, financial balance - sheet recession was always going to be choppy and difficult.
«This is to help strategise on the recovery of these debts,» she noted, adding that interests accrued will also be collected.
In light of the considerable uncertainty around the economic and fiscal outlook, including the risks posed to economic recovery by ongoing financial tensions in the eurozone and against the backdrop of a still large structural budget deficit and high and rising government debt, the Negative Outlook indicates a slightly greater than 50 % chance of a downgrade over a two - year horizon.»
To further stall the criminal proceedings against him and the Bank's bid to recover its funds, Innoson has been trying to distract the Bank from focusing on the criminal action, as well as civil actions filed for recovery of the debt.
The website lists Corporate Services, Debt Recovery, Oil and Gas, Banking and Finance, Media and Strategic Communication, Government Relations among others as some of the services rendered by the shadowy entity.
As indicated in the Mid-Year Fiscal Policy Review, Mr Ofori - Atta said government planned to restructure the debt of the energy sector SOEs by leveraging the Energy Debt Recovery Levy component of the Edebt of the energy sector SOEs by leveraging the Energy Debt Recovery Levy component of the EDebt Recovery Levy component of the ESLA.
The House of Representatives approved a legislative package that includes a short - term extension of the debt ceiling and billions of dollars in aid for Hurricane Harvey storm recovery.
Among the achievements of LITRG under Anthony Thomas have been greater protection for vulnerable taxpayers when Direct Recovery of Debt was introduced, the near doubling of Rent - a Room relief and helping persuade Parliament to scrap the proposed changes to tax credits in 2016.
A 2009 audit report revealed that up to 60 billion Cedis of the tax payer's money taken from the TOR debt recovery levy, the HIPC etc. was used to fund a so called communication strategy which was only a euphemism for a conduit used to siphon state funds into the NPP campaign.
Our recovery will be held back, and our children will be weighed down, by a millstone of debt.
But # Sterling's recovery is a reflection of the dismal weekness of the EuroZone headed for yet another crisis with Greek Debt and Italian Banks pushing for bail - outs an dimperilling Deutsche Bank.
«Loosening the rigid labour market is seen as vital to ensure Spain's long - term economic recovery and to ease market fears of a Greek - style debt crisis by proving Socialist Prime Minister Jose Luis Rodriquez Zapatero's unpopular government can act.
Higher interest rates are a greater danger to the recovery: «Because of the mess in the public finances created by the last Government, the amount of debt interest that we have to pay out is growing and beginning to exceed some core Government budgets.
Yet, the main driver of this debt reduction — using flood insurance to pay off mortgages of damaged homes, rather than rebuilding or repairing them — may ultimately harm the city's recovery, the study suggests.
After full sleep recovery, their levels of blood glucose after breakfast were higher in the state of sleep debt despite normal or even slightly elevated insulin responses.
Keep this concept of «borrowed time» in mind when we discuss recovery debt shortly....
8.7.3 In accordance with applicable law, you may be charged 10 % of the overdue account balance as an expense for debt recovery.
The classes are part of a widening phenomenon called credit recovery — a term that sounds more about erasing debt than advancing education but actually enables troubled students to get credit for classes they've previously failed or didn't complete.
Therefore, the letter should provide a preliminary rating and rating analysis of the financial strength of the overall project and the default risk (i.e., without regard to recovery potential) of the requested TIFIA credit instrument and the project's senior debt.
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