Sentences with phrase «paying on your creditors»

Unfortunately, debt settlement requires you to stop paying on your creditors.

But that doesn't mean you have to pay on your creditor's terms.

Not exact matches

In order to pay back creditors, Kobayashi has sold 35,841 Bitcoin and 34,008 Bitcoin cash on behalf of the company since September of last year.

Granting credit approval depends on the willingness of the creditor to lend money in the current economy and that same lender's assessment of the ability and willingness of the borrower to return the money or pay for the goods obtained — plus interest — in a timely fashion.

Metals X has been forced to increase the price it is paying for Reed Resources» Meekatharra gold project to $ 9.9 million after administrators announced a surprise competing bid had been lodged just before a creditors meeting on Thursday.

While Venezuela has kept current on its bond payments, it has paid some coupons late, leading ratings agencies to declare a selective default and keeping creditors guessing.

Variations on this theme include making formal or informal arrangements to pay off your creditors, filing for voluntary liquidation, and declaring bankruptcy.

Growing anger at the creditors» wishlist played out on social media under the hashtag #thisisacoup, as the drastic demands made were presented as the price to pay if Greece was to stay in the European union.

Current liabilities include notes payable on lines of credit or other short - term loans, current maturities of long - term debt, accounts payable to trade creditors, accrued expenses and taxes (an accrual is an expense such as the payroll that is due to employees for hours worked but has not been paid), and amounts due to stockholders.

A creditor shall allocate the entire amount paid by the consumer in excess of the minimum payment amount to a balance on which interest is deferred during the last 2 billing cycles immediately preceding the expiration of the period during which interest is deferred.

Typically, interest is paid to creditors on a quarterly or monthly basis providing cash flow to investors while the principal is outstanding.

There are many other ways of allocating a significant portion of the debt - servicing cost to unwilling agents in the economic equivalent of debt forgiveness: to creditors when debt is repudiated, to workers when wages are suppressed in order to increase net revenues for debt servicing, to small business owners when assets are expropriated to pay down debt, and so on.

To maximize your chances of getting a good score, you should be consistently paying your vendors and creditors on time and in full.

But their agenda is to make the economic polarization between creditors and debtors irreversible, ushering in a Dark Age of austerity and deepening debt peonage in which wages, profits and property rents are earmarked to pay interest — on loans that can't be paid in a shrinking economy.

A downgrade on debt issued by the United States would have less severe consequences than a default, which takes places when a government fails to pay its creditors.

Another factor to consider, especially for consolidating credit card debt, is whether the lender can pay your creditors directly or offers other perks that makes it easy to stay on track.

Having your lender pay your creditors directly can remove any temptation to spend the personal loan on anything besides your debt.

The New York Times on June 28 quoted Puerto Rico Governor Alejandro Garcia Padilla as saying that the U.S. territory can not pay its roughly $ 72 billion of debts and that creditors will probably have to make significant concessions.

The Independent newspaper wrote:» This is a company that is expected to pay back something like 1p on the pound to creditors after its liquidation and that had just # 29m left in the bank at the end.

Without support from the U.S. federal government, «Puerto Rico may have to choose between paying its creditors and providing essential services to the island's 3.5 million American citizens,» the Governor of Puerto Rico, Alejandro Garcia Padilla, told lawmakers at a Senate hearing on Thursday.

The Althing's proposal spells this out in clear legal terms as an alternative to the neoliberal idea that economies must pay willy - nilly (as Keynes would say), sacrificing their future and driving their population to emigrate in what turns out to be a vain attempt to pay debts that, in the end, can't be paid but merely leave debtor economies hopelessly dependent on their creditors.

Trump can't do much about the $ 75 billion the government owes Wall Street creditors on his own; it's possible that the federal government could pay off some of it, but a massive bailout won't go over well in Congress.

If he didn't think he could pay back, he shouldn't have taken the loan) Thus the Jewish creditor and his family ended up being placed on island and became burned alive.

Discover personal loans are a good choice for debt consolidation, as you can pay off your creditors directly and the interest rates on the loan are fixed.

Mr Manos said on Wednesday he would not block a bid by a company related to L Capital to take full control of Jones the Grocer's Australian operations in return for paying off the entity's debt to external creditors.

170 million sitting in the bank is only on short term because they are destined to pay creditors.

The cash you probably refer is the short term deposits and they are used to pay creditors (203 million to be paid in 2015 to the creditors) and if you do the simple math you will see that we are running almost flat on them.

Selling off the assets is seen as the only way to pay back creditors and there are some big items on offer.

with so much money in cash reserves perhaps Stan Kroenke is insisting on holding ever bigger amounts in Arsenal in order to satisfy his creditors elsewhere that he always has a large supply of cash on tap if he should need to call on it kroenke completed his Rams takeover with an acquisition of 60 % of its share capital in August 2010, less than eight months before paying # 250 million to take his shareholding in Arsenal beyond 60 % when the global financial system was in crisis

If you fail to pay on time, have a chat with your creditors.

Genova's signature appears on disputed agreements that purport to obligate Oyster Bay to pay Singh's creditors millions of dollars.

Online dating is the best way to meet people for relationship, register on this dating site and start chatting, flirting and meeting with Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay its creditors.

Spyker declared bankruptcy on the 18th December 2014, but has since paid off creditors and now hopes to partner the US - based electric plane manufacturer.

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.

If you pay your bills late or run up high balances on your credit card, for example, that's a red flag to creditors.

Short version: if you don't pay on a secured debt, the creditor can take your stuff.

Creditors use your debt to income ratio to know if you can pay off your loans based on the terms they... Continue Reading

Bankruptcy will not normally wipe out: (1) money owed for child support or alimony, fines, and some taxes; (2) debts not listed on your bankruptcy petition; (3) loans you got by knowingly giving false information to a creditor, who reasonably relied on it in making you the loan; (4) debts resulting from «willful and malicious» harm; (5) student loans owed to a school or government body, except if the court decides that payment would be an undue hardship; (6) mortgages and other liens which are not paid in the bankruptcy case (but bankruptcy will wipe out your obligation to pay any additional money if the property is taken back by the creditor).

Once the debt settlement company thinks it can negotiate a lower amount on the debt you owe with the creditor and you have a lump sum ready to pay the hopeful amount, the company will start negotiating with your creditors.

Some creditors may allow you to break up the payments over several months for larger balances but you must stay on task and make those payments on time until the debt is paid in full.

We will negotiate with your creditors on your behalf to allow you to pay a reduced and «settled» amount.

If I purchase creditor life insurance through you, can I port that insurance to a new lender without having to requalify and lose the premium I'm paying on my current mortgage amount?

It showcases whether or not you pay bills on time, how much debt you carry and other creditors you've worked with in the past.

Dividend: The percentage of claims that will get paid to general unsecured creditors by a bankruptcy trustee on a pro rata basis.

My husband told me to pay the creditors from now on.

It may prevent or delay foreclosure on a home and repossession of a car and it can also stop wage garnishment and other legal actions creditors use to collect debts, but in the end, there is a price to pay.

But when you are having trouble paying your bills on time and your creditors keep calling you, the plan can offer you a debt relief option.

Debt management is an unofficial arrangement with your creditors to find a better way on how you can pay down your loans.

So, when participating in a debt management plan make sure that you always pay on time and that you watch how timely the company pays your creditors.

If you fall behind in paying your creditors or an error is made on your account, you may be contacted by a «debt collector.»