Sentences with phrase «other creditors as»

Writing in NLJ this week, Stephen Lewis, Laura Burgoyne & Conor McLaughlin of the Law Commission explain they decided against the calls of some consumer bodies for all consumers to be paid in priority to other creditors as not practical or proportionate.

As it stands now in the U.S. a voluntary only approach means that we are trusting that creditors will act collectively in the mutual best interest of the debtor and other creditors as a whole.

If you reside in a natural disaster area and find you can't pay your bills on time, contact your bank and other creditors as soon as possible to make them aware of your situation.

Creditors became concerned about doing business with a consumer who would repay their account in a timely fashion, and had proven timely repayment with other creditors as well.

Not exact matches

The economist - who once described the austerity imposed by Greece's creditors as «fiscal waterboarding» - said his new MeRA25 party would revive the economy through debt restructuring and other measures.

In other words, instead of skipping a handful of payments or defaulting on a loan, contact your creditors and lenders as soon as a problem arises and negotiate some form of resolution that's within your financial means.

And, he says, Hunter and his army of retail investors did nothing that hasn't been repeatedly done by investment bankers, bondholders and hedge funds during other CCAAs, such as the restructuring of Hamilton steelmaker Stelco, where self - serving parties threatened the future of thousands of workers in order to turn a profit after buying voting power from scared creditors.

Current liabilities include notes payable on lines of credit or other short - term loans, current maturities of long - term debt, accounts payable to trade creditors, accrued expenses and taxes (an accrual is an expense such as the payroll that is due to employees for hours worked but has not been paid), and amounts due to stockholders.

As a result of the lien, the government gets priority, sending other creditors (and any prospective lenders) to the back of the line.

Just as debt deflation diverts income to pay interest and other financial charges — often at the cost of paying so much corporate cash flow that assets must be sold off to pay creditors — so the phenomenon leads to stripping the natural environment.

What's left of any money from that sale would go to priority creditors, such as staff owed back pay and possibly students who paid tuition in advance, and then other unsecured creditors.

The idea horrified other EU nations, Greece's creditors and financial markets as investors worried over the prospect that Greece could be forced into a disorderly default.

To increase flexibility with creditors, Neiman Marcus announced in March it had named subsidiaries holding online store MyTheresa and some of its real estate «unrestricted,» making them not subject to the same rules under credit agreements as other units of the company.

It would not be included in your estate for other purposes, such as paying creditors, unless you named the estate as beneficiary or all your beneficiaries passed away.

On the other hand, according to the Measures for the Administration of Securities Investor Protection Fund 《 證券投資者保護基金管理辦法 》, the functions of China Securities Investor Protection Fund (CSIPF, 中國投資者保護基金) include «indemnifying creditors as required by China's relevant policies in case a securities company is subjected to compulsory regulatory measures including dissolution, closure, bankruptcy and administrative takeover by China Securities Regulatory Commission (CSRC) and custodian operation» or «other functions approved by the State Council».

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

Hence, Hebrew slaves got to go home and creditors who took land or other assets as collateral had to return it.

For our (and treasury's) purpose, government appropriations for social welfare and other services qualify as a creditor of the treasury.

This is however not exhaustive as there are also other debts from the London Club of Creditors and other multilateral lenders.

Your work is tied up as part of the company's IP, and you'll have to wait like every other unsecured creditor to see if it's going to be sold off (and to whom) in bankruptcy court.

As well, similar to personal credit scores, the issuer's history of repayment to other creditors will affect their credit rating.

As with other debts based on a written contract, creditors have 10 years to file such lawsuits in Missouri.

The second mortgage holder would be paid the same dividend by the trustee as all the other unsecured creditors.

A» secured» creditor has taken a mortgage or other lien on property as collateral for the loan.

As your payment history and score improve, your provider may decide to start raising your limit, and better offers from other creditors may materialize.

The success of your application depends on a combination of each prospective creditor's standards and the other factors that comprise your credit profile, such as your payment history, ratio of balances to available credit, and derogatory events, including any bankruptcies, foreclosures or evictions.

This means that you gave that creditor a mortgage on the home or put your other property up as collateral for the debt.

Providing many of the same benefits as filing bankruptcy, including creditor protection and elimination of overwhelming debts, by choosing a consumer proposal, people with severe debt problems gain several advantages over other forms of debt relief the most significant of which is dramatically lower monthly payments and avoiding bankruptcy.

On the other hand, because you now have a clean slate upon which to write your financial future, other creditors see you not as a liability to be avoided, but as a borrower who has no outstanding debt.

Why would potential creditors perceive you as being more than likely to repay them when you just stuck other creditors with outstanding debts that were discharged in bankruptcy?

A document or other record prepared or reviewed by a person other than the consumer, the creditor, any mortgage broker, as defined in § 1026.36 (a)(2), or any agent of the creditor or mortgage broker;

«When a consumer is unable to meet their regular monthly debt payments, our agency as well as other (accredited agencies), may establish a DMP to help the consumer manage and pay off their unsecured debt by having the consumer deposit a monthly payment into a (trust account) which, in turn, is distributed to their creditors,» Hannah says.

In cases where companies have filed for protection from creditors, such as Nortel, employees and pensioners are lumped in with the other creditors to try to collect the money they were promised.

The settlement process for other creditors is the same as above.

For each item included in the «Notes Payable to Banks and Others» line of the Liabilities section — credit card debt, personal loans and lines of credit, cash advances, student loans, car loans, payday loans, etc. — enter the name and address of the creditor, lender, or noteholder, as well as the original balance — $ 0 for credit cards — current balance, payment amount — you can enter «varies» for credit cards — payment frequency, and if applicable, how the loan is secured (i.e., what is being used as collateral).

The property being used as collateral is then sold and the money obtained from the sell is used to repay the loan plus any damages and the remaining can be claimed by the previous owner or by the other creditors.

Credit reporting agencies such as Equifax, TransUnion, Northern Credit Bureaus and Equifax, and others only collect information from creditors about consumers» financial experiences in a particular country and is separate from other countries credit reporting agencies and vice versa.

The debt settlement firm, amongst other things, will act as a middleman between you and your creditors, help you accumulate the money for your settlements and negotiate and pay the settlements when the time comes.

Add up all those little savings each month, and send them as an extra payment on the bill you decided to pay off first (keep sending the minimum to your other creditors, too).

If your only source of income is your pension, and you do not have other assets like a home or investment, bankruptcy may not be necessary as you may be considered to be «creditor proof».

As a consequence, the creditor will be able to stay in business and make profits from other borrowers with better credit scores since there is no obligation to charge more for the loan.

Mr. Talbott seems to be saying that treating student loans the same as other debts in bankruptcy would create greater risk for creditors.

Information we obtain to verify representations made to us by you — such as your creditors, outstanding loans, or open lines of credit with others; and,

Before you agree to act as a cosigner on anyone's creditor accounts, discuss the expectations you have with the other person and seriously contemplate the possibilities of your involvement in someone else's account.

You won't be repaid unless money is leftover after all other creditors — such as suppliers and business loan holders — are repaid.

Some partially secured creditors may have requested collateral that they knew would only cover some of the debt while others may have secured their loans with collateral that dropped in value, such as real property.

On top of student loan debts, running up credit card bills and other creditor accounts will make it more difficult to get financially ahead as school becomes a distant memory.

If you or the designated beneficiary is not a New Hampshire, Massachusetts, Delaware, or Arizona, resident, you may want to consider, before investing, whether your state or the designated beneficiary's home state offers its residents a plan with alternate state tax advantages or other state benefits such as financial aid, scholarship funds and protection from creditors.

It would not be included in your estate for other purposes, such as paying creditors, unless you named the estate as beneficiary or all your beneficiaries passed away.

You should read the Investor Handbook carefully before investing and consider whether your, or the beneficiary's, home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in its qualified tuition program.