Sentences with phrase «owner defaulting on payments»

I'd say that the owner defaulting on payments and ensuing bankruptcy putting the team in control of the banks, whose goal was to minimize costs, not win on the ice, led to not being able to replace the aging core of the team via free agency, and the years of trading the first / picking late in the first / drafting players like Fistric with their first led to them not having a young core to turn to.

Not exact matches

However, as a business owner, even if your personal assets are not leveraged, you are still responsible for ensuring payments are made in full and on time to avoid default through the personal guarantee of the owner (s).

The owner of the parking garages for the new Yankee Stadium is expected to default on a $ 6.8 million interest payment come April 1, which could result in a seizure by bondholders, Crain's reported.

Across the border, home owners are defaulting on their mortgages in record numbers because they loaded up on mortgage debt at teaser rates and are unable to make mortgage payments when the rates reset at a much higher level.

Strategic default: The property owner intentionally defaults on mortgage payments rather than continue to make payments on a property with a greatly reduced value.

In 1929, the owner of 400 acres surrounding the Cove defaulted on loans received from Duke, and signed over the chunk of wilderness to him in payment.

On November 1, 2012 the owner defaulted and made no payments since that time, nor any property tax payments as she was required to pay under the terms of the mortgage.

In 2010, the Lougheed Block was sold through judicial sale, the owner having defaulted on loan payments.

Distressed sellers: Home owners in default on their mortgage or at risk of becoming late on their mortgage payments, due to financial hardship.

«It stands to reason that energy - efficient homes should have a lower default rate, because the owners of these homes save money on their utility bills, and they can put that money toward their mortgage payments,» says Cliff Majersik, executive director of IMT.

On Nov. 1, 2012 the owner defaulted and made no more payments.

Home owners may already be in default on a mortgage or may recognize that they will not be able to continue to make payments much longer.

Foreclosures occur when owners default on their loan payments.

If a homeowner has fallen behind in their loan payments, then the lender will file a notice of default, a document advising the owner that they have to catch up on the mortgage by a certain date, which will officially begin the foreclosure process.