Typically, you can receive this form of relief if you make consistent
payments over a specific period, work in a public - service field, and submit supporting documentation with your application.
Similarly, a power of sale foreclosure can occur if you've defaulted on a home loan and have not responded to demands for
payment over a specific period of time.
Not exact matches
In addition, if you work as a federal employee or for a
specific not - for - profit employer, such as a teachers, lawyers, or doctors, you may be eligible for student loan forgiveness after making consistent
payments over a set
period of time.
Repay the loan
over a
specific period of time, with set monthly
payments.
Debt Service: Debt service simply refers to the total principal and interest
payments required on a loan
over a
specific period of time.
In return, bondholders receive regular
payments based on a fixed interest rate (known as a coupon)
over a
specific period — anywhere from a few months to 30 years.
To my understanding, I have not been paying the loans back pursuant to any
specific payment plan (e.g., IBR, PAYE, graduated repayment plan, etc.), but on a regular monthly
payment plan amortized
over a 30 year
period.
This allows you to select to receive your policy proceeds
over a
specific period of time, up to 30 years, and you choose the frequency of your
payments: monthly, quarterly, semiannual, or annual.
Insurance: protection against a
specific loss
over a
period of time that is secured by the
payment of a regularly scheduled premium.