Sentences with phrase «payment of all debts»

Lenders want to see several years of responsible credit card use and on - time payments of any debt.
To qualify for the lowest rate presented, a borrower will need an excellent credit profile, take the loan out with a qualified co-borrower, use their loan to consolidate existing debt, and authorize the direct payment of that debt to their existing creditors using the loan proceeds.
E. Shaw hold bonds in PREPA and agreed in delaying the payment of $ 5 billion from the corporation last June, but is demanding total payment of the debt along with 11 other firms.
That's because unlike a stock, a bond is a payment of debt where you collect interest for being a loaner.
According to the natural law tradition, a right is a spiritual entitlement, a moral power to do (e.g., to walk in one's garden), hold (e.g., to keep a family heirloom), or exact something (e.g., to demand the payment of a debt).
In Nehemiah 5:6 - 11, however, an extensive reform is launched to return to the poor the land taken from them in payment of debts, as well as goods exacted in interest.
Even the great Jubilee of 2000 hardly touches this aspect of return of lands and payment of debts.
Payment of debt and forgiveness of debt are mutually exclusive.)
* Please note that the balance transfer fee may not make the most sense depending on how much credit card debt you have, as well as the interest rates and minimum payments of each debt.
The lender can go to court to get a judgment levied against you for payment of the debt, and the judgment can allow the lender to garnish your wages to meet your obligations.
The arbitration provision shall survive termination of your Account as well as voluntary payment of the debt in full by you or any bankruptcy by you.
The ARBITRATION AGREEMENT shall survive termination of your Account as well as voluntary payment of the debt in full by you or any bankruptcy by you.
Using this simple formula we'll find out how that money should be paid back by subtracting the minimum payments of each debt other than your focus debt from your debt repayment money:
We have years of experience with debt consolidation, orderly payment of debt program, consumer proposals, and bankruptcy that can work in your favor as you approach your debt resolution and tell you about each solution and how it can help you find your way out of debt and toward a better future.
we require their staff to apply the same guidelines as our staff in making their decisions about payment of your debt or remission of interest.
Advertisements to creditors that include a fixed date for distribution a month or two from the advertisement date followed by payment of all debts that have come to light should do it.
Moreover, if your current financial situation is complicated, settlement agents can agree with your creditors new grace periods for you to recover and retake payment of your debt once your situation has improved.
If the borrower defaults in the payment of the debt, the trustee may sell the property without legal proceedings.
A lien is any official claim or charge on a piece of property, known as collateral, for payment of a debt owed or for some agreed upon service.
And timely payments of debt actually improve your credit score rather than lowering it.
A person, firm, or corporation that, through a court proceeding, is relieved from the payment of all debts after the surrender of all assets to a court - appointed trustee.
Terms, defined.For purposes of the Credit Services Organization Act: (1) Buyer shall mean an individual who is solicited to purchase or who purchases the services of a credit services organization; (2) Consumer reporting agency shall have the meaning assigned by the Fair Credit Reporting Act, 15 U.S.C. 1681a (f); (3) Credit services organization shall mean a person who, with respect to the extension of credit by others and in return for the payment of money or other valuable consideration, provides or represents that the person can or will provide any of the following services: (a) Improving a buyer's credit record, history, or rating; (b) Obtaining an extension of credit for a buyer; or (c) Providing advice or assistance to a buyer with regard to subdivision (a) or (b) of this subdivision; (4) Extension of credit shall mean the right to defer payment of debt or to incur debt and defer its payment offered or granted primarily for personal, family, or household purposes; and (5) Person shall include individual, corporation, company, association, partnership, limited liability company, and other business entity.
Creditors and collection agencies have an agreement with the credit bureaus not to delete accurate negative accounts based upon payment of the debt.
Some of the best uses of loan money our officers have come across are payment of debts, investing in education and business.
Nervous and afraid, she was guided through the Orderly Payment of Debts (OPD) program enrollment process by Iris, an existing debt consolidation program in Alberta, and they began strategizing the next steps to help eliminate her debt.
No, because the Orderly Payment of Debts (OPD) program is covered under federal legislation, ALL unsecured debts are consolidated into one program.
They may agree to consider remission when the person owing the debt has a mental health condition or is suffering from severe hardship, or when they are satisfied that the person should not continue to be pursued for payment of the debt.
The Orderly Payment of Debts (OPD) Program.
Once protected by the Orderly Payment of Debts program, a client will make regular monthly payments directly to Money Mentors, which is then disbursed to the client's creditors on a pro-rated basis.
If, however, he defaults in the payment of the debt, the trustee may sell the property at a public sale, under the terms of the deed of trust.
Once protected by the Orderly Payment of Debts program, all collection calls should stop.
If the action of one of these creditors is relatively minor — for example, a telephone call or letter seeking payment of the debt — and they immediately stop their collection efforts when informed of the bankruptcy, then as they say in the sporting universe, «no harm, no foul.»
The truth, according to the Federal Trade Commission, is that there is no guarantee that any creditor will accept less than full payment of a debt that you owe.
(c) «Extension of Credit» means the right to defer payment of a debt or to incur a debt and defer its payment offered or granted primarily for personal, family, or household purposes.
A form of encumbrance which usually makes specific property security for the payment of a debt or discharge of an obligation, e.g., mortgages, judgments, taxes, deed of trust, etc..
It may involve you authorizing your counselor to take over monthly payment of your debts on your behalf with the money you supply them.
«A wage garnishment is any legal or equitable procedure through which some portion of a person's earnings is required to be withheld by an employer for the payment of a debt.
With a Chapter 13 bankruptcy, if the filer submits a plan that will address all of the joint debt, the creditor can not pursue the spouse for payment of the debt during the restructuring payment period (which generally runs for up to five years).
You do have to qualify for bankruptcy and some bankruptcies still require payment of the debt.
Credit is provided when a person incurs a debt, or payment of a debt is deferred.
garnishment [top] Legal proceeding whereby money or property due to a creditor, but in the possession of another, such as an employer, is intercepted by means of a court order and applied to the payment of the debt owed to the plaintiff creditor.
It is worthwhile to ensure that you do not use more than sixty percent of the card limit and to make timely payment of debts on the card.
This is because many receive a percentage payment of the debt collected from credit issuers which incentivizes these agencies to help consumers as best they can.
7 — Making payments under a debt plan (could be a consolidation order, orderly payment of debts, consumer proposal or debt management plan)
Lenders want to see several years of responsible credit card use and on - time payments of any debt.
We have seen many uses for the money including payment of debts, investing in business and education.
We need to be talking about consolidation loans, orderly payment of debt exists in Alberta.
In our experience people often use a home equity loan in payment of school fees, business investing, home renovation and as payment of debts.
One of the things that often people don't realize about the orderly payment of debt program, is you have the exact same impact on your credit as you do as a consumer proposal.
Payment of these debt reduction fees can be paid up front, over time, or when debt settlements are reached.
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