Sentences with phrase «pay for debts incurred»

Know that surviving family members do not have to pay for debts incurred by a criminal who has stolen the identity of their deceased relative.

Joint accounts are those where both spouses are listed as account holders and where each spouse has a duty to pay for debts incurred on the credit card regardless of which person made the purchase.

What we are left with is a system in which South Africans are paying for debt incurred during the Apartheid regime and Congolese citizens are repaying debts for money that was stolen by Mobutu Sese Seko.

It can also pay for debt incurred together, such as a mortgage, home equity loan or credit card bills.

Not exact matches

He devoted a chunk of his maiden speech to challenging the notion that further regulation is needed for credit cards, arguing two - thirds of Canadians pay off their balances every month, meaning they incur no interest at all, and that credit cards account for just 5 % of total household debt.

Balance transfer credit cards typically have an introductory 0 % APR period of anywhere from nine to 24 months, allowing you to pay down your debt without incurring interest for those months.

When owners are personally liable for the effects of what the business does, and for paying the debts the business incurs, their relation to the business are much closer.

Revenues would be turned over to the city to pay off the 19 - year debt the municipality incurred last year when it bought the club for $ 10 million, he said.

But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.

Current taxpayers, their children and grandchildren will be paying off the debt incurred to finance his hijinks for decades to come.

Even when they do, the jobs on the other side hardly pay enough to make up for the big debts incurred.

While the primary purpose of the program is to help charter schools, «Finance school building projects, including the construction, purchase, extension, replacement, renovation or major alteration of a building to be used for public school purposes,» the law does allow charter school companies to seek grants to, «Repay debt incurred for school building projects, including paying outstanding principal on loans which have been incurred for school building projects.»

It takes the nonprofit organization's money, pays itself whatever it wants in rent (thereby eliminating any debt it incurred in constructing the facility), and reimburses itself for any and all real - estate - related expenses.»

Mr Hill said while sponsors might be willing in principle to pay the debt, trustees argued that «they should not disadvantage current pupils by using funds intended for their education to pay off the debt incurred in another institution».

In this case, you either have to pay the debt off including all interest and late fees incurred, wait for the statute of limitations to expire on unsecured debt or claim bankruptcy to get rid of the debt.

Debt consolidation is becoming a popular way for those who have incurred a vast amount of high interest debt to pay off their existing lenders and makDebt consolidation is becoming a popular way for those who have incurred a vast amount of high interest debt to pay off their existing lenders and makdebt to pay off their existing lenders and make...

We fully expect the framework will allow us to pay for his stake without incurring debt or needing capital from outside parties.

Qualified education loans are defined in both the Tax Code and the Higher Education Act as debts incurred solely to pay for (i) qualified higher education expenses (ii) at an accredited institution by (iii) an eligible student.

According to the FCRA, unsecured debts that a consumer fails to pay, such as a bank account debt, may remain within his credit file for up to 7 1/2 years from the date the debt was incurred.

(They become responsible for debts you incur on the card, should you fail to pay them.)

This benefit is very useful for people trying to get out of debt or for people anticipating a large purchase which they would like to pay off over time without incurring interest charges.

Creditors also may be able to collect from you for debts incurred to pay for necessities, such as food and shelter.

Balance transfer credit cards typically have an introductory 0 % APR period of anywhere from nine to 24 months, allowing you to pay down your debt without incurring interest for those months.

That way, you can just pay for a vehicle when you need it, instead of incurring more debt and having all of those pesky recurring costs.

If you can't pay off your credit card debt within a couple of months, contact each company and ask for a reduction in the card interest rate and a waiver of fees incurred on a one time basis.

The obvious problem for the company who wants to do business with you is that they are going to have a real hard time accessing credit to pay off any debts that they incur with doing business with you.

Rather than incurring more debt via a debt consolidation loan to repay your creditors, you work out a repayment plan you can safely afford to pay back your creditors, usually through a not - for - profit credit counselling agency.

«I have little sympathy for debtors that file bankruptcy, while they may not have a legal responsibility for discharged debts, they do have a moral responsibility to pay debts that they have incurred.

And, once the debt is incurred, they should have to pay for it.

Other popular reasons for having life insurance include: Income replacement for dependents; to pay off debt like a mortgage or a line of credit; to create an emergency fund; to cover final expenses incurred upon your death; for estate planning reasons or to leave money to a favourite charity.

Incurring substantial debt is not the way to pay for such things.

For a majority of us when we incur debt we have every intention to pay off that debt.

Splash Financial is a smart option for medical residents who are in need of an alternative to paying the full amount due on their federal or private student loan debt, or those who do not want to defer payments and incur interest accrual over time.

With free grants from the government, you can have the funds for paying off your debt without incurring another debt.

You will still most likely be responsible for paying those debts even though they were jointly incurred by you and your former spouse.

It's common for couples to pay down debt together, but neither spouse is legally obligated to pay off debt that the other incurred before marriage, according to John Ulzheimer, president of consumer education at SmartCredit.com, a credit monitoring service.

I feel I must make something clear at this point... I do not have a problem with someone who has the ability (read: money) to pay for something outright, but they are purposefully incurring some debt because they are using their cash for investments from which they stand a reasonable chance of earning more than they are paying out in interest.

There's also the danger that the person who takes out a personal loan for debt consolidation will turn right around and incur more debt, especially if the debt being paid off was in the form of credit cards or retail credit accounts.

Look closely at all terms and fees on a Balance Transfer Card, including those for new purchases, to make sure that how you plan to pay down the consolidated debt and use the card will enable you to save money without incurring additional fees or interest.

Debts dischargeable in a chapter 13, but not in chapter 7, include debts for willful and malicious injury to property, debts incurred to pay non-dischargeable tax obligations, and debts arising from property settlements in divorce or separation proceedDebts dischargeable in a chapter 13, but not in chapter 7, include debts for willful and malicious injury to property, debts incurred to pay non-dischargeable tax obligations, and debts arising from property settlements in divorce or separation proceeddebts for willful and malicious injury to property, debts incurred to pay non-dischargeable tax obligations, and debts arising from property settlements in divorce or separation proceeddebts incurred to pay non-dischargeable tax obligations, and debts arising from property settlements in divorce or separation proceeddebts arising from property settlements in divorce or separation proceedings.

Paying deceased's bill doesn't imply liability for authorized user — Authorized users are not responsible for debt incurred on a credit card account, even if they make payments after the primary cardholder dies... (See Liability)

This law says anyone applying for a credit card must demonstrate they have the means to pay back any debts they incur — this means showing you have a job and that your expenses don't exceed your income.

Opt instead for a low or no - interest credit card that will give you at least a year to pay down your debt without incurring extra fees.

Development went on for so long, in fact, that the company was forced to dissolve as it couldn't pay down debts incurred during that time.

You will be required to pay out of your own pocket for any debts incurred by your business.

Perhaps because your mortgage won't be paid off for 30 years because you just refinanced, or perhaps you need to make sure there is money to cover any outstanding debts such as medical expenses you may incur or final expenses.

Had the insurance policy been combined single limit for $ 125,000, the insurer would have paid the entire debt incurred.

The life insurance death benefit protects your beneficiaries from shouldering an immense financial burden, and can pay for college, dependent care, and other debts that you may have incurred while alive that your family could be responsible for.

For example, in this case, be sure that the amount of coverage on the life insurance policy will be ample to pay off your final expenses, as well as other potential debts such as uninsured medical bills that you could incur.

Generally speaking, each spouse is responsible for paying off any individually - incurred debt created prior to the marriage; these are separate debts.