Sentences with phrase «owned by their creditors»

The company, one of the oldest firearms manufacturers in the country, will be owned by creditors including JPMorgan.

After emerging from bankruptcy, Remington, one of the country's oldest gun manufacturers, will be owned by creditors including JPMorgan.

Not exact matches

Further, if spouses own a house or a brokerage account as «tenants by the entirety» as opposed to owning them jointly, they may have some creditor protection depending on the state in which they reside.

«The fact that you have a bankruptcy where the only asset that it owns goes up by 5,000 %, that's pretty unprecedented,» says Daniel Kelman, a lawyer and Mt. Gox creditor who spent a year in Tokyo working on the case.

If your situation is really dire and your business is filing for bankruptcy, you might take advantage of a protection - from - creditors loophole offered by the state in which you own your home.

Universal and Focus are owned by NBC Universal, a unit of Comcast Corp.; Sony, Columbia, Sony Screen Gems and Sony Pictures Classics are units of Sony Corp.; Paramount is owned by Viacom Inc.; Disney, Pixar and Marvel are owned by The Walt Disney Co.; Miramax is owned by Filmyard Holdings LLC; 20th Century Fox and Fox Searchlight are owned by 21st Century Fox; Warner Bros. and New Line are units of Time Warner Inc.; MGM is owned by a group of former creditors including Highland Capital, Anchorage Advisors and Carl Icahn; Lionsgate is owned by Lions Gate Entertainment Corp.; IFC is owned by AMC Networks Inc.; Rogue is owned by Relativity Media LLC.

Toward creditor nations, however, America relates as the world's most Highly Indebted Military Power by refusing to raise its own interest rates or taxes, or to permit key U.S. industries to be sold off.

«Christianity is not being attack the devil is a liar / people today will sue by association, irs is coming after me in 2011 after i left my business partner in 2008 he did nt pay them or others creditors they do nt care if you do nt owe it they want the money i own another company, a person give me a bad check for 100.00 he got a attoney in n / c trying to sue me for 4000.00 there was no voilation, but everyone i spoke to said it would be cheaper to offer and settlement / he owed the debt he bouced the check, why should i pay, so its about the mighty green but all liars will have their part in the lake of fire, he without sin cast the frist stone

Thus was Yahweh conceived in Israel by many a king and priest, by many a member of the land - owning, slave - owning, creditor class, and doubtless also by wide areas of popular opinion.

** The images shown are not my own and are owned by the original creditor.

Potato Magic Australia, owned by Paul Rennie, one of Australia's biggest potato growers, and fruit and vegetable businessman Nick Moraitis, collapsed last month owing creditors hundreds of thousands of dollars.

Japan is nearly as a large a creditor to the United States as China, each owning about 1 / 6th of the US debt that is held by foreign countries.

Universal and Focus are owned by NBC Universal, a unit of Comcast Corp.; Sony, Columbia, Sony Screen Gems and Sony Pictures Classics are units of Sony Corp.; Paramount is owned by Viacom Inc.; Disney, Pixar and Marvel are owned by The Walt Disney Co.; Miramax is owned by Filmyard Holdings LLC; 20th Century Fox and Fox Searchlight are owned by News Corp.; Warner Bros. and New Line are units of Time Warner Inc.; MGM is owned by a group of former creditors including Highland Capital, Anchorage Advisors and Carl Icahn; Lionsgate is owned by Lions Gate Entertainment Corp.; IFC is owned by AMC Networks Inc.; Rogue is owned by Relativity Media LLC.

Universal and Focus are owned by NBC Universal, a unit of Comcast Corp.; Sony, Columbia, Sony Screen Gems and Sony Pictures Classics are units of Sony Corp.; Paramount is owned by Viacom Inc.; Disney, Pixar and Marvel are owned by The Walt Disney Co.; Miramax is owned by Filmyard Holdings LLC; 20th Century Fox and Fox Searchlight are owned by 21st Century Fox; Warner Bros. and New Line are units of Time Warner Inc.; MGM is owned by a group of former creditors including Highland Capital, Anchorage Advisors and Carl Icahn; Lionsgate is owned by Lions Gate Entertainment Corp.; IFC is owned by AMC Networks Inc.; Rogue is owned by Relativity Media LLC.

Malik himself mentioned in a statement on his own website that the site is unable to pay its creditors, and employees have tweeted about the transition to being paid by trustees.

A soft inquiry is when you pull your own report, when a creditor pulls your report to send you a pre-approved offer or when pulled by a potential employer.

First, incorporate your business and obtain a EIN number (This will protect your business from your personal creditors by separating your business credit from your own credit rating).

In debt settlement, you'll often have to deal with third - party debt collectors who've either been assigned your debt by the original creditor or they've purchased the debt and own it completely.

UCC liens against specific collateral: This type of lien gives creditors an interest in one or more specific, identified assets rather than an interest in all the assets owned by a business.

Learn how to negotiate with creditors on your own, and get approved for a credit card hardship program directly through your bank, by visiting this page next.

I think if you have credit issues that need resolving you should give SUPERIOR CREDIT REPAIR a call, and let them show you how they helped me own my on home and live life uninterrupted by calls from creditors.

The TAVF approach is the same as that followed by private companies not seeking access to public markets for equities; businessmen seeking favorable tax attributes so that they can create wealth on a tax - sheltered basis; most creditors; and all investors who seek in the management of their own portfolios to maximize total return, rather than just invest for interest income and dividend income.

If a policy of insurance has been or shall be effected by any person on his own life or upon the life of another person, the policyowner shall be entitled to any accelerated payments of the death benefit or accelerated payment of a special surrender value permitted under such policy as against the creditors, personal representatives, trustees in bankruptcy and receivers in state and federal courts of the policyowner.

If your account is still owned by the original creditor and was not sold to a third party, you should know that the creditor will be less likely to begin to negotiate a settlement for the debt until you are at least 60 to 90 days past due on the account.

However, a charged - off account is typically still «owned» by a creditor.

Are shares purchased through the brokerage owned directly by clients (direct registration), or are they held by the firm in the client's name (i.e. clients are unsecured creditors)?

If your business will own property, for instance, you can creditor - proof the operation by creating a separate company to own your real - estate assets.

At this point, the debt is still owned by, and owed to, the original creditor.

Prior to the BAPCPA reforms, most people qualified for a Chapter 7 bankruptcy so Chapter 13 was mostly used by homeowners that wished to keep their home and had significant equity, or those who owned other assets with substantial value that they did not want to expose to liquidation and disbursement to creditors.

The second asset protection benefit is that the policy will not be deemed as owned by the employer - business entity and thus will not be within the reach of the business's creditors.

A behavior score is calculated for, and only seen by, one particular creditor using their own information to fine - tune the ongoing management of that account for marketing and risk purposes.

With certain exceptions, known as bankruptcy exemptions, all of the property and rights to property owned by the insolvent on the effective date of the bankruptcy vests in the trustee for the creditors.

The answer depends on your own behaviors, as well as the policy followed by the creditor in question.

Plus, many states allow judgments to be renewed by the creditor that owns the debt at the time, essentially having the potential to never go away.

Sure, you could repair your credit on your own by reading a few books, buying software, calling and negotiating with creditors, or making an organized checklist of priorities.

Some creditors believe city - owned Detroit Institute of Arts artwork is worth «billions of dollars» and that a recent appraisal from Christie's auction house that was commissioned by the city vastly undervalued the city - owned collection.

It follows that creditors of publicly - owned establishments are necessarily in a more favourable situation than creditors of persons governed by private law.

Whether they are seeking an insurance hedge for their personal costs liability, a funding package for their lawyers fees and / or disbursements, a solution to a potential or existing security for costs issue, or to sell the potential litigation and make an immediate financial return for creditors, insolvency practitioners can take comfort that by engaging TheJudge to source their litigation funding and insurance requirements, they are working with a broker whose duty is aligned to their own i.e. to secure the best possible terms available.

The boards of both companies have approved the merger with the majority share of the new company set to be owned by American Airlines» bankruptcy creditors with a 72 % shareholding.

After canvassing the leading substantive - consolidation standards and cases, Judge Jernigan determined that consolidation is appropriate under any test; her decision turned on a litany of facts and factors, including that (i) the company's «nerve center» is its Texas headquarters and all payroll for employees is effectuated from there, (ii) the company's centralized cash - management system and three bank accounts, (iii) all debtor entities were controlled by common officers and directors, (iv) the existence of substantial intercompany claims, (v) credible testimony demonstrated that preparing individual schedules was extraordinarily difficult and required numerous amendments, (vi) a substantial amount of creditors treated the debtors as a single unit, and (vii) that credible counsel had determined that the primary assets of many debtors — D&O litigation claims — are jointly owned by the debtors.

Set - off is the right of a debtor, himself owed money by his creditor, to effectively secure payment of the debt to him by setting it off against his own liability.

Requests that may not have been initiated by you are generally for things like pre-approved offers; account monitoring is done by existing creditors, investment review, and requests by you for your own report.

The creditor can then file the judgement against real property owned by the debtor and / or garnish wages.

Nine West, owned by Sycamore Partners, is engaged in talks with its creditors to address a $ 1 billion maturity wall in 2019.

It regulates collections made by third parties, such as attorneys, on behalf of another, but it does not apply to the activities of a creditor collecting debts on its own behalf or to the creditor's employees.

The Bureau had considered waiving the Dodd - Frank Act prohibition on consumers paying upfront points or fees on transactions in which the loan originator compensation is paid by a person other than the consumer (either to the creditor's own employee or to a mortgage broker).

It may make it easier for a Judgment Creditor (someone who sues you) to set aside your LLCs if they are wholly owned by the same parties.

Alternative 2 provides flexibility by allowing creditors to manage preparation of the Closing Disclosure in a manner appropriate to their size, market, financial resources, and their own assessments of compliance risk and the applicability of other State law, Federal law, or other guidance, affecting their responsibility to supervise third - party service providers.

Unless an exception applies, charges for the following services would not have been permitted to increase: (1) The creditor's or mortgage broker's charges for its own services; (2) charges for services provided by an affiliate of the creditor or mortgage broker; and (3) charges for services for which the creditor or mortgage broker does not permit the consumer to shop.

In addition, the final rule requires creditors and mortgage brokers to retain documentation sufficient to show their supervisory agencies that one of the exceptions applies whenever a cost for a service provided by a company that is owned by or affiliated with the creditor proves to be higher than estimated in the Loan Estimate in excess of the tolerances under § 1026.19 (e)(3) and a revised Loan Estimate is provided, similar to the current document retention requirements under Regulation X for when the RESPA GFE is reissued.