Sentences with phrase «of the debtor if»

Not exact matches

«Ontario is the largest subnational debtor in the world,» Oliver proclaimed from the comment pages of the Financial Post at the end of December, as if that (unsupported) fact carried profound meaning.

Albany Ladder pursues debtors with a program of phone calls, notes, letters, negotiations, and, if necessary, legal maneuvers.

If you are trying to find bad credit loans in Toronto, Mississauga, Brampton and the rest of the GTA, Addison Credit offers financing to debtors with poor credit, newcomers to Canada, and borrowers with a history of repossessions, bankruptcies, and other negative events.

A law was passed that if a creditor extends a loan to a borrower, but has no reasonable idea of how the debtor can obtain the money to repay the loan, it is annulled.

While this period gives debtors a sufficient amount of time to straighten out their finances, it can also be a time when the debt, if left unpaid, rapidly accrues interest.

What if debtors had been bailed out by a write - down of bad debts, instead of the lenders who had made bad loans and the large institutions that bought them?

The Mishnah begins a discussion of a hypothetical case, «If a man seized a debtor by the throat in the street...», assuming this to be the normal practice (B. B. 10.8)!

Romans 8:12 - 14 says, «Therefore, brethren, we are debtors, not to the flesh, to live after the flesh.13 For if ye live after the flesh, ye shall die: but if ye through the Spirit do mortify the deeds of the body, ye shall live.

Actuarial considerations aren't really relevant in the big picture, because all prudent banks attempt to guard their capital accounts by diversification of credit risk and, if necessary, true insurance for things like death of the debtor.

If the Treasury chose to pay some debt holders and not others, would the ones who got paid have any legal recourse due to the government actually being in default to some of its debtors?

If the DEBTOR fails to pay within 30 days of the date of judgment date (and files no appeal), the CREDITOR may request a SHERIFF»S EXECUTION from the COUNTY CLERK»S OFFICE giving the Sheriff's Department full authority to seize money or property as payment toward the Judgment.

You acknowledge that Section 1542 provides that: «A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH, IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR.»

However the fit hist the shan when one of the debtors ends up dead after one of his late night visits, J.J. threatens to blame Bud for the murder if his boxer doesn't throw the fight.

While this period gives debtors a sufficient amount of time to straighten out their finances, it can also be a time when the debt, if left unpaid, rapidly accrues interest.

If the debtor fails to meet his obligation, the creditor can take possession of the collateral.

If the collateral doesn't take care of a debt in full, creditors can sue debtor for the balance.

If a relative or friend has cosigned a loan, and the debtor discharges the debt in bankruptcy, the cosigner may still be liable to repay all or part of the loan.

The point of bankruptcy is to get a fresh start and that is only possible if the debtor has something to start with.

If you are one of those consumer debtors learning how to consolidate debt is one of the most beneficial things you can ever do.

If the debtor's income exceeds these combined expenses by a certain amount, the debtor may be able to pay a reasonable portion of his debt, and filing Chapter 7 is likely to be considered abusive.

If the mortgage is started at a time when the rates are very low, the debtor has the advantage of paying the same rates over a long period without having to worry about the rise in the interest rate over the years.

If debtors take these comments to heart and believe that their chances of success are trivial, they will be less likely to attempt to discharge their educational debt.

If you choose to lease solar panels, you will be expected to provide the lender with a copy of the solar lease, as well as termination of the UCC filing, a legal form giving notice that a creditor has an interest in the debtor's personal property.

A debtor will pay one bill every month instead of several bills, but if they are unable to pay the consolidated, secured debt, there is no more wiggle room.

Judge Pappas noted that Brunner was decided in 1987, at a time when the bankruptcy code allowed discharge of student loan debts on either of two grounds: first, if the student loans had been in repayment status for five years or more on the date the bankruptcy was filed, or second, if repayment of the student loans would constitute an undue hardship on the debtor.

The final regulations in the 2004 bulletin clarifies that a debt obligation acquired from the debtor or any person other than the debtor is subject to reporting under section 6050P (c)(2)(D) if the owner of the obligation (debt buyer) is engaged in a significant trade or business of lending money.

Further, if a debtor becomes delinquent on a student loan, the U.S. Department of Education may garnish any federal tax refund.

That the debt will be assumed valid if the debtor doesn't respond to the communication within 30 days of receiving it

If a debtor makes a payment to the bank or the bank's collection agency toward the amount he owes, the statute of limitations in some states can immediately reset.

In addition to the protection afforded to homestead property in Arizona, Debtors can exempt one car with $ 6,000 of equity or $ 12,000 of equity if the debtor is currently disabled.

Debtors can exempt $ 6,000 of value in household furnishings and goods or $ 12,000 if a married couple filed a joint case.

If there is a purchase without the cancellation of the outstanding mortgage, the debtor keeps owing the remaining of the mortgage balance to the lender and the property keeps being tied as collateral of the loan.

That cost should not be born by the debtor for a useless service, and those funds could otherwise be directed towards the creditors if the debtor can afford that amount of debt repayment.

So although this is traditionally thought of as a car or truck, motor vehicle refers to any vehicle that is powered by an engine, so motorcycles can be exempted under either statute if that serves the debtor's interests.

If the required consent is not actually received by the licensee, the licensee shall provide notice to the debtor of the lack of required consent and the debtor may, at its option, close the account.

Under New York law, a judgment creditor may then garnish 10 % of gross wages, put a lien against real estate (but not actually sell the real estate, if it is the debtor's residence, in most cases) and seize bank accounts if the balance is over $ 1,740.00.

If relative or friend co signed a loan which the debtor discharged in bankruptcy, the cosigner may still be obligated to repay whatever part of the loan not paid during the pendency of the bankruptcy case.

If a family farmer, at least 50 %, and if family fisherman at least 80 %, of the total debts that are fixed in amount (exclusive of debt for the debtor's home) must be related to the farming or commercial fishing operatioIf a family farmer, at least 50 %, and if family fisherman at least 80 %, of the total debts that are fixed in amount (exclusive of debt for the debtor's home) must be related to the farming or commercial fishing operatioif family fisherman at least 80 %, of the total debts that are fixed in amount (exclusive of debt for the debtor's home) must be related to the farming or commercial fishing operation.

If the IRS has attached a tax lien to the debtor's property they can seize the debtor's property or wait until the property is sold and get payment from the proceeds of the sale.

* Debtors may be able to keep certain assets if the value of the asset is exempt or they are able to reaffirm or redeem the debt.

The Bankruptcy Code allows a bankruptcy debtor to exempt $ 23,675 of equity in the debtor's residence - and if a married couple is filing a joint bankruptcy that amount doubles to $ 47,350, provided that both spouses own the residence.

Chapter 7 Bankruptcy will discharge personal, unsecured loans if they are for credit extensions which were based on the creditor's evaluation of the debtor's ability to pay and there is no collateral which can be seized by the creditor if the debtor defaults on the loan due to their inability to pay.

This report (and the lack of noting timely payments) can create problems for borrowers / debtors who are seeking to refinance their mortgage loan - particularly if the borrower is seeking to refinance through the same mortgage carrier as had the mortgage at the time the bankruptcy case was filed.

A debtor can not file under chapter 12 (or any other chapter) if during the preceding 180 days a prior bankruptcy petition was dismissed due to the debtor's willful failure to appear before the court or comply with orders of the court or was voluntarily dismissed after creditors sought relief from the bankruptcy court to recover property upon which they hold liens.

New law provides for a maximum homestead exemption of $ 125,000 if home acquired 40 months before filing or if debtor engaged in certain fraudulent conduct.

ICFE DCCS ® Independent Study Guide Table of Contents Consumer Financial Protection Bureau to oversee debt collectors Collection agencies and junk debt buyers - Mini-Miranda What to do if a debtor is contacted about past debts Sample cease and desist letter Fair Debt Collection Practices Act Summary from the CFPB Debt that is covered Debt Collectors that are covered Debt Collectors that are NOT covered Debt Collection for Active and Veteran Military Personnel Communications connected with debt collection When, where and with who communications is permitted Ceasing Communication with the consumer Communicating with third parties Validation of debts Prohibited Practices: Harassing or abusive Practices False or misleading representations Unfair Practices Multiple debts Legal Actions by debt collectors Furnishing certain deceptive forms Civil liability Defenses CFPB / FTC staff's commentary on the FDCPA Common debt collector violations How to document a collector's abusive behavior What to do if a collector breaks the law How collectors are trained - examples of collector training courses FDCPA Sample Exam from ACA for Collectors How collectors are using Social Medias in collections Dealing with creditors and third party collectors Other factors for a debtor in collection: Credit reports and scores Reviewing credit reports with debtors - Permissible uses Rules about credit decisions and notices Debtor education about credit reports and FICO scores Specialty Report Providers Rules to protect consumers in credit card debt How to read and understand credit reports How to make changes or dispute accuracy Freezing Credit Files FCRA / FACTA Provisions of ID Theft victims How credit scoring works The Credit Card Accountability and Disclosure Act Credit Rules CFPB rules establish strong protections for homeowners facing foreclosure Other Resdebtor is contacted about past debts Sample cease and desist letter Fair Debt Collection Practices Act Summary from the CFPB Debt that is covered Debt Collectors that are covered Debt Collectors that are NOT covered Debt Collection for Active and Veteran Military Personnel Communications connected with debt collection When, where and with who communications is permitted Ceasing Communication with the consumer Communicating with third parties Validation of debts Prohibited Practices: Harassing or abusive Practices False or misleading representations Unfair Practices Multiple debts Legal Actions by debt collectors Furnishing certain deceptive forms Civil liability Defenses CFPB / FTC staff's commentary on the FDCPA Common debt collector violations How to document a collector's abusive behavior What to do if a collector breaks the law How collectors are trained - examples of collector training courses FDCPA Sample Exam from ACA for Collectors How collectors are using Social Medias in collections Dealing with creditors and third party collectors Other factors for a debtor in collection: Credit reports and scores Reviewing credit reports with debtors - Permissible uses Rules about credit decisions and notices Debtor education about credit reports and FICO scores Specialty Report Providers Rules to protect consumers in credit card debt How to read and understand credit reports How to make changes or dispute accuracy Freezing Credit Files FCRA / FACTA Provisions of ID Theft victims How credit scoring works The Credit Card Accountability and Disclosure Act Credit Rules CFPB rules establish strong protections for homeowners facing foreclosure Other Resdebtor in collection: Credit reports and scores Reviewing credit reports with debtors - Permissible uses Rules about credit decisions and notices Debtor education about credit reports and FICO scores Specialty Report Providers Rules to protect consumers in credit card debt How to read and understand credit reports How to make changes or dispute accuracy Freezing Credit Files FCRA / FACTA Provisions of ID Theft victims How credit scoring works The Credit Card Accountability and Disclosure Act Credit Rules CFPB rules establish strong protections for homeowners facing foreclosure Other ResDebtor education about credit reports and FICO scores Specialty Report Providers Rules to protect consumers in credit card debt How to read and understand credit reports How to make changes or dispute accuracy Freezing Credit Files FCRA / FACTA Provisions of ID Theft victims How credit scoring works The Credit Card Accountability and Disclosure Act Credit Rules CFPB rules establish strong protections for homeowners facing foreclosure Other Resources

We talk about what we learn from our Joe Debtor study about home owners and debt and I give lots of practical advice on how to deal with debt if you're a homeowner.

Some Chapter 13 debtors are able to strip their second lien, or eliminate it entirely, if the value of the home is less than the amount owed on the first trust deed.

So for a bankruptcy debtor who is separated and / or going through a divorce, the homestead is available for that person even if he or she has moved out of the home they own, provided that the other spouse, or the debtor's children are living in the home at the time the case is filed.

For example, a government - backed loan in default can subject the borrower to an administrative wage garnishment (that is, a garnishment without the creditor first obtaining a court judgment) of 15 % of disposable income, and this would be in addition to any state law garnishment by another creditor (under New York law, of several creditors have judgments against a debtor, only one at a time can garnish 10 % of wages, but a government student loan can be imposed on top of a state law garnishment.A borrower can also lose tax refunds if in default on a government student loan.