Most of the feet - dragging «in payment and hence the astronomical increase in the debt of both this CP issue and indeed
other judgment debts» have, in the Commission's view, «contributed to the eventual high bill in foreign exchange terms for the State».
Not exact matches
With a settlement, your lender is essentially striking a deal to «settle» for a lower amount than what you borrowed if it means resolving your
debt without the need for collections, court
judgments, or
other actions.
Life itself passes
judgment daily on the notion that anyone is in charge, that good deeds and righteous living provide exemption from mindless tragedy, or that the meek will inherit anything
other than a crushing
debt and a dead planet.
The main thrust here is to show with documentary evidence how the persistence of a Vice-President to disregard the 1992 Constitution by arrogating to himself the functions entrusted to the Attorney - General under Article 88 of the 1992 Constitution led to the consent
judgment debts and
other liabilities that became the subject of the Sole
Judgment Debt Commissioner's report in Delta Foods Ltd v Attorney - General.
The Supreme Court in 2014 subsequently ordered Mr. Woyome to pay back the GHc 51 million fraudulently taken from the state, after Mr. Amidu challenged the legality of the
judgment debt paid the businessman and two
other companies; Waterville and Isofoton.
Touching on the Ghana Youth Employment and Entrepreneurial Agency (GYEEDA),
judgment debts paid to businessman Alfred Woyome among
other cases ongoing at the courts, he said over 20 million cedis has been recovered.
The document also mentioned another
judgment debt paid to the Construction Pioneers (CP) of 94 million Euros in 2010, GH275.92 Million
judgment debt to 41 individuals, 15 business entities and many
others, which the NPP describes «fraudulent».
Indications from the AG's office were that, the examination would encompass issues pertaining to whether he owed any
debts, whether he has property to satisfy the
debt, and the manner in which he used the
judgment debt money paid him, among
others.
For instance, do you have any
other debt that should take priority, such as a tax delinquency, legal
judgment, or accounts that have been turned over to a collections agency?
Some individuals can use credit cards for decades with no issues while
others incur excessive
debt loads resulting in missed payments, penalty fees and interest and finally charge - off accounts or legal
judgments.
Also you still have to pay
other debts, such as vehicles, credit cards,
judgments and student loans in addition to the mortgage.
In this case, the consumer might just explain to his creditors that he is
judgment proof — can not pay — and does not intend to file bankruptcy or seek any
other form of
debt relief program.
If you get money from a court
judgment, the sale of an asset, or some
other kind of windfall, then you can use that money to settle you
debts.
Debt settlement is paying less than you owe on
other, non
judgment debts.
We also offer credit services such as reporting your
debt or
judgment to credit and also providing you with
other elements of a credit report for your enforcement efforts.
The back - end ratio indicates the percentage of income that goes toward paying all recurring
debt payments that include those covered by the front - end ratio plus
other debts like credit cards, car loans, student loans, child support, alimony, and legal
judgments.
Cost for a bankruptcy is usually cheaper than paying the
judgment and can wipe out
other debts in addition to restoring your driver's license.
Other risks associated with not paying your creditors throughout the
debt settlement process include an increase in the collection efforts of your creditors and the likelihood of lawsuits,
judgments, and wage garnishments.
a) Disputes filed - 18 months b) Inquiries - 2 years c) Payment profile -5 years d) Information related to a consumers payment behavior such as slow payer, defaulted or absconded - 1 year e) Information relating to the action that a credit provider has taken against a consumer to enforce a
debt such as handed over, legal action or write - off - 2 years f) Debt restructuring - Until a clearance certificate is given g) Civil court judgments - 5 years or until the court removes it h) Administration orders (orders to put a consumer under administration)- 10 years or until the court removes it i) Sequestrations (order given by the court where the consumer is insolvent)- 10 years or until the court removes it j) Liquidations (order given by the court where the consumer is insolvent)- no time limit k) Court order removing a liquidation or sequestrations after all the debt was paid - 5 years l) Other information (information not covered above)- 2 years Other Useful Topics Learn how to dispute information on your credit report in South Afr
debt such as handed over, legal action or write - off - 2 years f)
Debt restructuring - Until a clearance certificate is given g) Civil court judgments - 5 years or until the court removes it h) Administration orders (orders to put a consumer under administration)- 10 years or until the court removes it i) Sequestrations (order given by the court where the consumer is insolvent)- 10 years or until the court removes it j) Liquidations (order given by the court where the consumer is insolvent)- no time limit k) Court order removing a liquidation or sequestrations after all the debt was paid - 5 years l) Other information (information not covered above)- 2 years Other Useful Topics Learn how to dispute information on your credit report in South Afr
Debt restructuring - Until a clearance certificate is given g) Civil court
judgments - 5 years or until the court removes it h) Administration orders (orders to put a consumer under administration)- 10 years or until the court removes it i) Sequestrations (order given by the court where the consumer is insolvent)- 10 years or until the court removes it j) Liquidations (order given by the court where the consumer is insolvent)- no time limit k) Court order removing a liquidation or sequestrations after all the
debt was paid - 5 years l) Other information (information not covered above)- 2 years Other Useful Topics Learn how to dispute information on your credit report in South Afr
debt was paid - 5 years l)
Other information (information not covered above)- 2 years
Other Useful Topics Learn how to dispute information on your credit report in South Africa.
The
debt collector can satisfy this requirement by obtaining a copy of a
judgment or
other specific account information and mailing the information to the consumer.
Although most employers report that they do not base hiring decisions on medical
debt, the impact of medical
debt can be hidden in outstanding
judgments, bankruptcies, foreclosures and
other forms of
debt that employers do take into consideration.
A small claims or money
judgment is no different from any
other general unsecured
debt and it is typically dischargeable.
The lender sues on the note to obtain a
judgment which allows them to come after the borrower's personal property, wages or
other real estate in satisfaction of the remaining
debt.
These exceptions could be broadly categorized as (1)
debts owed to the government or subject to a court order, such as certain tax
debts or child support obligations; and (2)
debts incurred through some fault of the debtor, such as those arising from civil
judgments for fraud or
other injury.
The presence of collections,
judgments, and
other unpaid
debt may negate a lender from issuing a loan though the presence of such financial adversity may not necessarily result in an automatic denial.
It can alleviate not only the stress of the
judgment lien, but
other unsecured
debts as well.
Our Creditor's Rights practice extends to the following areas of Chapter 11, 13, and 7 matters:
debt workouts, cram - down litigation, litigation of a wide array of adversary proceedings including Automatic Stay violations, Petroleum Marketing Practices Act («PMPA») violations, collections, evictions, recovery of collateral, injunctions, Declaratory
Judgments, and the representation of creditors and
other interested parties such as stock holders, corporate officers, creditors» committees, landlords, and tenants in bankruptcy matters including creditor discharge litigation, objections to proposed plans of reorganization, and bankruptcy preference defense.
Many of our clients have credit card
debt, IRS
debt, foreclosure issues, financial
judgments against them, repossessions, or
other business financial problems; and Zooberg Law Firm, P.A. helps every step of the way.
A final
judgment includes court orders regarding a division of the spouses» assets and
debts, alimony, parental rights and
other legal issues related to the divorce.