Not exact matches
For this reason, if you want to keep property that is collateral for a
secured debt, you will need to catch up
on the payments and continue to make them during and
after bankruptcy, keep any required insurance, and you may want to reaffirm the
debt if you file a chapter 7.
The LIMRA
Secure Retirement Institute analyzed the impact of student
debt on a student's projected nest egg at retirement and found that an outstanding student loan
debt of $ 30,000
after graduation reduces the retirement savings by $ 325,000.
With the money left over
after paying off her
debts, and
after a promotional transfer to another department, she could
secure a R148 000 bond and raise R100 000 to put down as a deposit
on a new property in Langa, which she moved into and shared with tenants.
After the repayment of
debt of $ 15.1 million and other closing costs, net cash proceeds of $ 11.1 million were used to reduce the outstanding balance
on the company's
secured credit facility.