Sentences with phrase «payments to the creditors on»

You may rebuild your credit by making payments to all your creditors on time and keeping account balances low relative to the credit limit.

Chapter 13 bankruptcy can reorganize your debt and the individual makes payments to a Chapter 13 trustee, who then makes the payments to the creditors on your behalf, for a settled amount of money, over a period of 3 - 5 years.

Because of the nature of settlements, debt settlement companies generally do not send monthly payments to creditors on your behalf.

They also instruct consumers to immediately stop making payments to creditors on any debt entered in the World Law Program, and instead to begin making a single monthly payment into a special purpose account (SPA), ostensibly so that World Law can use it to settle consumers» debts.

Debt settlement is different from other types of debt relief program, like the Debt Management Plan mentioned above where the company's representatives negotiate lower interest rates and send the payments to your creditors on your behalf.

Debt settlement companies do not assume consumer debt, make monthly payments to creditors on behalf of customers or provide tax, bankruptcy, accounting or legal advice or credit repair services.

Not exact matches

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.

In what analysts and markets see as the final deadline, Greece has to reach a deal with creditors Saturday or it will fail to make a crucial debt payment due to the International Monetary Fund on Tuesday.

PREPA is still working on a long - term restructuring with its creditors, which loaned the beleaguered utility more cash to make the payment.

Creditors refused to budge on the deadline, meaning Greece soon will join Zimbabwe, Sudan and Somalia as countries that failed to keep up with their payments to the IMF.

However, Garcia Padilla declined to exercise his authority to declare a moratorium on GDB's own $ 422 million May 1 debt payment, citing continuing restructuring talks between GDB and its creditors.

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.

He learned about credit and cash flow management since he operated on a 50 % upfront deposit and had to put up 80 - 90 % of the total cost, so they were a creditor of the job for 30 - 40 % for usually 3 - 6 month (or more) until the final payment was due.

You are required to make one monthly payment to your credit counselor, who then distributes the funds to your creditors on your behalf.

If so, the counselor negotiates with your creditors on your behalf to get reduced payments.

For this reason, wherever possible it's advisable to work with creditors who will report on - time payments to these rating firms.

Two companies that guaranteed payments on Detroit bonds and were the last major holdout creditors in the case, Syncora Guarantee Inc [SYCRFS.UL] and Financial Guaranty Insurance Co [FGIC.UL], received options to develop parcels of land.

Making on - time, in full payments to vendors and creditors is key to maintaining a good to excellent credit score.

Importers and individual traders still have to mobilize foreign currency through their own means and mostly on the parallel markets as the central bank is failing to enable payments to international suppliers and creditors and this has stoked up inflation, say economists.

By making on - time minimum payments to all creditors and maintaining account balances below credit limits, a secured credit card combined with responsible financial behavior can help you establish or rebuild your credit history.

On October 19, 2016, Target Canada Co. issued cheques and wire payments totalling approximately $ 87.5 million to Affected Creditors with Proven Claims.

Just as creditors want to see that you can make on - time payments, and that you can keep from utilizing too much of your available credit, they also want to observe your ability to handle different types of credit accounts.

Credit reports are a compilation of information from credit bureaus, which are companies to which creditors report borrower payment history on a regular basis.

Finally, know that you will be held responsible (and it will likely be reported on your credit history) if your DMP is late with its monthly payments to your creditors.

The announcement comes as Venezuela faces acute financing problems after creditors and ratings agencies declared the government and state - run oil firm PDVSA to be in partial default for missing interest and principle payments on bonds.

Greece's economy fell back into recession in the first quarter, raising pressure on the government to reach an agreement with creditors over the next bailout payment.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

The Official Liquidator has disclosed that payments to creditors of DKM Microfinance are set to commence on Monday, October 17, 2016.

If you are struggling to make payments on time or at all, contact your creditors of see a credit counselor

Because debt settlement programs often ask or encourage you to stop sending payments directly to your creditors, they may have a negative impact on your credit report and other serious consequences.

After the negotiator has successfully convinced your creditors about reducing the interest rate on your outstanding debts, you can give him the total amount of debt payments that you need to make at the beginning of every month.

Poor Credit Credit Cards - 3 Tips to Getting Approved Just a few black marks on your credit report — a couple of late payments, an account that's been «charged off» — can be enough for creditors and lenders to consider you a «high risk» customer.

Credit reports are a compilation of information from credit bureaus, which are companies to which creditors report borrower payment history on a regular basis.

Your debt settlement program will have you stop making payments on your debt — usually for six months or more, according to the National Foundation for Credit Counseling (NFCC)-- to give creditors the impression you can't afford your debts.

Most require a good credit score and on - time payments to current creditors.

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).

If that's true is the amount on the second mortgage or a portion of it included in the monthly payments that are made over the next 5 years back to your other creditors?

If you don't make your payments on that debt, the creditor may be able to take and sell the home or the property during or after the bankruptcy case.

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.

If you're having problems with your payments, you should contact your creditors immediately as they will be able to shed more light on the subject.

Finally, know that you will be held responsible (and it will likely be reported on your credit history) if your DMP is late with its monthly payments to your creditors.

Upon receiving your payment, the company will accordingly distribute it to your creditors on your behalf.

The success of your application depends on a combination of each prospective creditor's standards and the other factors that comprise your credit profile, such as your payment history, ratio of balances to available credit, and derogatory events, including any bankruptcies, foreclosures or evictions.

On a monthly basis, you probably end up juggling a number of payments to creditors who have different payment dates, different interest rates, different...

If the debtor defaults on payments after signing a reaffirmation agreement, the creditor will have the right to sue for a deficiency judgment.

Just because your creditor agrees to waive a late fee does not mean they will do anything about removing the late payment on the credit report.

It's treated just like on - time payments to a creditor!

If I am late on a credit card and the creditor agrees to waive the late fee does that mean they will not put a late payment on my credit?

If you have only ever made one late payment on an account, ask the creditor to remove the late payment from your credit report in light of your otherwise spotless history.

LendingClub also allows you to have a cosigner on a loan and offers direct payment to your creditors.