Sentences with phrase «other unsecured»

Unlike other unsecured energy efficiency loans, the lender requires your home as collateral for an energy improvement mortgage.

They are due to easy access to high - interest credit cards and other unsecured debt.

Cash - out refinancing will enable you to access your home's equity to repay your other unsecured lines of credit.

My other unsecured LOC is with my community bank and I think I started 20 years ago with 50k its now substantially higher.

Adults who have outstanding student loans, a mortgage, credit card debt, business loans or other unsecured debt may want to pay off their loans completely.

The Commission has provisionally concluded that this would not be practical or proportionate given the other interests involved, including those of employees, secured creditors and other unsecured creditors such as suppliers and self - employed contractors.

This was because of the other interests involved, including employees, secured creditors and other unsecured creditors such as suppliers and self - employed contractors.

The S.C.C. found that an equalization payment is a debt, not a proprietary interest, and as such it is to be treated like any other unsecured claim under the BIA.

Our representation of the noteholders in bankruptcy court litigation led to a confirmed plan under which our clients received (i) the opportunity to buy Energy Future Holdings» regulated utility Oncor and convert its parent into a real estate investment trust (REIT), and (ii) a down - side recovery, along with other unsecured creditors, of US$ 550 million in the event the transaction did not close.

People generally file for Chapter 7 bankruptcy to discharge credit card debts and other unsecured debts.

Claimants» delay in not moving for fees pre-dismissal was reasonable because the counsel involved did not want to delay other unsecured creditors» wish that the case be dismissed so they could post haste sue debtor in state court for collection of debts owed.

Chapter 7 is designed to eliminate credit card debt, medical debt and other unsecured debts — those that are not tied to a specific item.

Chapter 7 is designed to wipe out credit cards, medical bills, payday loans and other unsecured debts.

In practice, taxes are generally given special priority relative to other unsecured creditors of an insolvent estate.

The Bankruptcy and Insolvency Act explicitly ranks municipal taxes (which are distinct from provincial or federal taxes) at the same level as other unsecured creditors (at s. 136).

I believe that private student loans should be dischargeable to the same extent as other unsecured debt.

Consolidation loans are particularly suited to high - interest consumer debts such as credit cards, public utilities, personal and other unsecured loans.

Many also have other unsecured debt, such as medical debt, personal loans or installment loans from appliance or furniture retailers, Opperman says.

Debt consolidation involves combining the money you owe on credit cards, department store cards, personal loans and other unsecured debts into a new debt or loan.

However, there are some things you should know before you consider debt consolidation to reduce credit card debt and other unsecured debt.

It can alleviate not only the stress of the judgment lien, but other unsecured debts as well.

Besides for federal student loan debt, with all other unsecured debt, a creditor must first take you to court and win a default judgement — before they can garnish your wages.

In addition, they owe, on average, an additional $ 29,997 in other unsecured debts.

Whether you need a debt consolidation loan to consolidate student loan debt or to pay off credit cards and other unsecured debts faster — we have your solution!

While the CRA does have significant collection powers compared to other creditors when it comes to a consumer proposal or personal bankruptcy, taxes are generally dischargeable debts (i.e. they go away upon completion of the procedure) just like your credit card debts, bank loans, or other unsecured debts.

XYZ bonds rank at least equally with all other unsecured obligations of XYZ Limited (othr than obligations mandatorily preferred by law) in relation to interest payments and the repayment of the issue price.

The corporate bond is not secured against company property and you are not ranked ahead of other unsecured creditors.

You may get some of your money back after secured creditors are paid, but before other unsecured creditors are paid.

The corporate bond is not secured against company property but you are ranked ahead of other unsecured creditors.

If the issuer becomes insolvent (that is, can't pay its debts), you may get some of your money back after secured creditors (like the issuer's bank) are paid but before other unsecured creditors are paid.

Our lenders feature many advantages over other unsecured loan lenders.

«Front - end» companies, such as Safe Trust, contact consumers through marketing schemes offering debt adjusting services to consumers who have credit card debt or other unsecured debt.

You can discharge medical bills and other unsecured debts in a Chapter 7 and a Chapter 13 bankruptcy case.

Keep in mind payday loans and other unsecured lines of credit often come with hefty interest rates.

These student loans are just like any other unsecured debt.

In my private student loan settlement law practice, I have learned that lenders tend to treat private student loan debt like any other unsecured debt (like credit card debt).

Debt Counseling companies currently help over 1 million people to consolidate their unsecured credit card loans, bills, and other unsecured credit card debts into one easy payment, while saving thousands of dollars in unnecessary interest & credit fees.

With tens of thousands in Student Loan debt (which I didn't really understand at the young age when I took it out), wage garnishments for child support, plus other unsecured credit card debt... I was at the end of my rope.

While store credit cards tend to have more flexible credit requirements than other unsecured credit cards, reviews indicate you'll likely want at least fair credit to qualify for the mymaurices VIP Credit Card.

To input credit card, and other unsecured debt that does not have an asset associated with it, add it to the personal assets account.

Mark owes $ 45,000 in credit card and other unsecured debts.

It's important to note that unsecured loans are only meant for bundling other unsecured loans, like credit card debt, or bills like medical care and car repair.

All other unsecured debts are eliminated, including credit cards, bank loan, payday loans, and even income taxes owed to Canada Revenue Agency.

In most cases, any fees due under a pre-filing contract are discharged along with all the other unsecured debts.

Repeat for the other unsecured debts.

The risk of foreclosure does not exist with other unsecured loans.

This means if you qualify for a hardship program you may be able to significantly reduce your credit card debts as well as other unsecured debts.

Average Unsecured Debt: Average personal loans, credit cards, tax debt, student loans, payday loans and other unsecured debt.

But you can still benefit from lower monthly payments if your credit cards or other unsecured debts carry higher interest rates than the loan and you've fallen into the trap of paying late and accruing late payment fees.

When a chapter 11 debtor needs operating capital, it may be able to obtain it from a lender by giving the lender a court - approved «superpriority» over other unsecured creditors or a lien on property of the estate.