Sentences with phrase «owed by»

The definition of a debt relief service is «any service or program represented, directly or by implication, to renegotiate, settle, or in any way alter the terms of payment or other terms of the debt between a person and one or more unsecured creditors or debt collectors, including, but not limited to, a reduction in the balance, interest rate, or fees owed by a person to an unsecured creditor or debt collector.»

The amount owed by Congress members looms right around the national average for students, which is between $ 29,000 and $ 35,000.

In fact, one - third of all student debt is owed by borrowers over 40 years old.

In the first year, you put $ 500 to each loan, decreasing the total amount owed by $ 1,500.

Assert any other remedies available to us under applicable law to collect all amounts owed by you.

Bonds — Bonds represent debt owed by the bond issuer (the entity seeking the loan) to you, the bond purchaser (the lender or creditor).

By the end of 2009, student debt eclipsed credit card debt as the second - largest type of debt owed by American households, after mortgages.

Government intervention is desperately needed here as there needs to be a better solution than being owed by this private loan balance.

Default can also cause the entire loan balance to become immediately due and payable; increase the amount owed by adding late fees, collection fees, and court fees to the loan balance; and damage one's credit score for years, making it difficult to borrow to buy a car or a house and to rent an apartment or get a credit card.

Other nationally representative datasets possess information on the outstanding student debt owed by a household or adult (for example, the Federal Reserve's Survey of Consumer Finances or the New York Federal Reserve Bank's Consumer Credit Panel).

A lien is a right to keep possession of property belonging to another person until a debt owed by that person is paid off.

Your debt may seem high, but in reality it's small, compared to the 712 - billion dollars of credit card debt owed by American consumers ($ 15,355 average credit card debt per household), along with over 1.2 - trillion dollars of student loan debt ($ 47,712 average student loan debt per household), as of 2015.

The Oklahoma Student Loan Authority mainly services federal student loan portfolios owed by students who attended a college or university in the state.

Your creditors do have a right to their money, and a debt collector is simply trying to reclaim what is legally and ethically owed by you.

Federal loans make up the bulk of student loan debt in the U.S., including loans taken out by students and PLUS loans owed by parents.

For years, many Canadians minimized the amount of capital gains tax owed by strategically designating when each property was their principal residence, for tax purposes.

A joint account holder means you both own the card, you can add users regardless of their credit, the money is owed by you.

[8] This means that the Bush tax cuts will be responsible for roughly one - third of the federal debt owed by 2018.

We often don't think too much about the little sums of money we are owed by various sources until the cash lands in our hands.

The total amount owed by the borrower will not be paid until they are no longer able to occupy the house.

(3) An alteration of the terms of payment or other terms of the debt, including a reduction in the balance, interest rate, or fees owed by the buyer to the creditor or debt collector.

The important thing is that you are NOT liable for debts owed by someone who lived in your house before you.

Debt settlement is a process used by both creditors as well as the debtor to negotiate a resolution of existing money owed by law in order to avoid bankruptcy and the additional adverse effects on the debtor's credit rating it can bring.

Bad debt is any amount owed by your customer that hasn't been recovered by you.

[Cost basis is an important concept for both investors and active traders to understand since it's used to determine the profitability of a trade and the taxes owed by investors.

Ofgem only looked into refunds owed by the big six.

The Bureau estimates that there is approximately $ 1,200,000,000,000 in student loan debt owed by around 40,000,000 Americans.

The balance left unpaid is still owed by the paying spouse.

As is typical in a divorce, there were debts owed by each spouse and debts owed jointly.

«ORDERED AND ADJUDGED that the student loan debt owed by the Plaintiff, -LSB--RSB-, to the Defendant, U.S. Department of Education, is hereby DISCHARGED in bankruptcy and the amount due on the subject student loan, Account Number XXX - XX - 1913 is zero.»

«IT IS ORDERED, ADJUDGED, AND DECREED that the student loan debt owed by plaintiff to the defendant U.S. Department of Education as identified in the complaint is hereby discharged.»

This is not uncommon as a method of dealing with joint debts owed by a couple who can no longer repay these debts due to their divorce and a change in their financial circumstances.

The discharge is a court order that permanently enjoins creditors from taking any action against the debtor to collect on a debt owed by the debtor to the creditor.

That amount is collectively owed by more than 44 million college students, or 70 percent of the college population.

Once the goods have gone back to the creditor they can try to recover any balance still owed by you.

Public debt is money owed by governments.

Money owed by a company for goods or services purchased, payable within one year.

Regulators said the financial giant sold false debts to third - party collectors, including accounts with unlawfully obtained judgments, inaccurate balances, and paid - off balances — as well as selling debts that were owed by borrowers who are now dead.

The Bureau estimates that there is about $ 1,200,000,000,000 in student loan debt owed by around 40,000,000 Americans.

The amount that is taken out from your paycheck will determine your tax refund or taxes owed by Tax Day.

Money that a company is owed by its clients, usually in the form of outstanding invoices.

Texas is a community property state, and debt created during the marriage is owed by both spouses.

The Proceeds from that sale are used to pay off the Note owed by the LLC to the Exchanger.

The average amount of student loan debt owed by borrowers age 60 and older roughly doubled from 2005 to 2015, increasing from $ 12,100 to $ 23,500.

Gift tax is owed by the giver, not the recipient.

That's because your debt is owned by someone else — and they can pick which servicer they send you to — and only owed by you.

This information will include the amounts of money owed by the individual in all accounts totaled together as a whole.

During this period, the average amount owed by those 60 and older rose from $ 12,100 to $ 23,500.1

However the average payday loan debt owed by a senior is higher than any other age category, which should raise an alarm.

Accounts payable is the balance owed by the entity to its suppliers in respect of purchase of goods and services on credit.