Sentences with phrase «personal liabilities to»

It can free you from your personal liabilities to pay back the existing debts.

But while the bankruptcy debtor's personal liability to pay a mortgage note or a car loan is discharged, just the same as the debtor's personal liability to pay a credit card account is discharged, the difference between the secured creditor and the unsecured creditor after discharge is significant.

After your bankruptcy discharge is issued, you have no personal liability to repay the debt (unless you've reaffirmed the debt).

Since there are many solutions, you do not need to assign personal liability to get a credit card for your small business.

Your personal liability to repay the unsecured debts is released and the debts are «wiped out.»

As discussed above, a bankruptcy discharge relieves you of the personal liability to repay most unsecured debts.

For ~ $ 20 (that's twelve dollars) a year, you can increase your personal liability to $ 300,000.

Optional travel add - on plan available for loss / theft of baggage ($ 250), legal assistance ($ 500 when served with summons), personal liability to an injured third party ($ 2,000 after $ 100 deductible), and damage to a third - party's property ($ 500 after $ 100 deductible).

Nationwide renter's insurance coverage options are available for personal liability to cover bodily injury or property damage to others (an additional personal umbrella policy endorsement is also available that will add more liability protection to your policy), water backup, credit card coverage (pays for unauthorized transactions on your credit / debit cards up to a specified limit), firearms coverage, coverage for high - value items (computers, jewelry, electronics, etc.), personal umbrella coverage, credit card payments, as well as theft protections for valuables stored away from home.

Reverse mortgages are non-recourse loans, which means that lenders do not have access to any assets other than the home to repay the loan, thus there is no personal liability to the borrower or their heirs.

Not exact matches

There are obvious advantages to doing so, such as protecting against personal financial liabilities should anything with the business go wrong.

The firm, billed as a national plaintiffs» practice with offices in Raleigh, North Carolina, and Washington, D.C., marks a return to the career where Edwards made his fortune by winning multimillion - dollar verdicts in personal injury and product liability cases before entering politics.

Your personal assets are safe, and your liability is limited to the stake you have in the corporation.

Privacy and security are serious concerns for any business; when you add personal information to the mix, any breach can severely reduce employee trust and morale and open the company to liability for identity theft and other potential legal entanglements.

As standard, business credit cards require a personal - liability agreement to be in place.

It's the least - sexy thing about being an entrepreneur, but obsessing over personal liability and tax implications might mean it's time to change how you've incorporated your business.

Obama's proposed legislation tries to balance security needs with concerns by offering liability protection to companies that provide information in near real - time to the government, while requiring them to strip it of personal data.

Principal documents that should be submitted by the entrepreneur who hopes to start a new business include: resume (and resumes of any other key people involved in the proposed enterprise); current financial statement of all personal assets and liabilities; summary of collateral; proposed operating plan; and statement detailing revenue projections.

Here are four ways to make sure your personal finances are safeguarded from business liabilities.

In the former case, a personal guarantee by the corporation's principals is usually required, which makes an exception to the limited liability rule.

Let's also assume that you've concluded it would be advantageous to operate your small business through an entity that limits the personal liability of all the owners — even if following this strategy involves a bit more paperwork, complexity, and possible expense.

«If you anticipate the kind of huge appreciation in your personal wealth that could come from an IPO or a company sale, the best thing you can do is transfer stock to your heirs before the sale, because it will be worth much less then, and that minimizes the tax liability,» explains Allan Landau, a partner with Boston law firm Sherburne, Powers & Needham.

Known as the limited - liability company (LLC), this structure offers the best of all corporate worlds for many new businesses: personal - asset protection (normally available only to shareholders of C corporations), elimination of corporate - level taxes (a benefit normally reserved for partners or S - corporation owners), and flexible ownership rules (which S corporations in particular lack).

These severance packages were material expenditures of Company funds that were not in the best interests of the Company and instead were to protect you from personal liability for misconduct.

The piece claimed employers could fully outsource their plan's hierarchy — and any personal liability for failing to meet its fiduciary responsibilities — to a MEP 401 (k) provider.

These steps include: efforts to simplify prospectus requirements for retail vanilla bonds and ease the personal liability of company directors; improving market transparency through the RBA's publication of new measures of corporate bond yields; the lengthening of the government bond curve; and the listing of certain fixed - income securities on the Australian Securities Exchange.

To the fullest extent permitted by applicable law, you agree to indemnify, defend and hold harmless Daily Harvest, and our respective past, present and future employees, officers, directors, contractors, consultants, equityholders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and assigns (individually and collectively, the «Daily Harvest Parties»), from and against all actual or alleged Daily Harvest Party or third party claims, damages, awards, judgments, losses, liabilities, obligations, penalties, interest, fees, expenses (including, without limitation, attorneys» fees and expenses) and costs (including, without limitation, court costs, costs of settlement and costs of pursuing indemnification and insurance), of every kind and nature whatsoever, whether known or unknown, foreseen or unforeseen, matured or unmatured, or suspected or unsuspected, in law or equity, whether in tort, contract or otherwise (collectively, «Claims»), including, but not limited to, damages to property or personal injury, that are caused by, arise out of or are related to (a) your use or misuse of the Sites, Content or Products, (b) any User Content you create, post, share or store on or through the Sites or our pages or feeds on third party social media platforms, (c) any Feedback you provide, (d) your violation of these Terms, (e) your violation of the rights of another, and (f) any third party's use or misuse of the Sites or Products provided to yoTo the fullest extent permitted by applicable law, you agree to indemnify, defend and hold harmless Daily Harvest, and our respective past, present and future employees, officers, directors, contractors, consultants, equityholders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and assigns (individually and collectively, the «Daily Harvest Parties»), from and against all actual or alleged Daily Harvest Party or third party claims, damages, awards, judgments, losses, liabilities, obligations, penalties, interest, fees, expenses (including, without limitation, attorneys» fees and expenses) and costs (including, without limitation, court costs, costs of settlement and costs of pursuing indemnification and insurance), of every kind and nature whatsoever, whether known or unknown, foreseen or unforeseen, matured or unmatured, or suspected or unsuspected, in law or equity, whether in tort, contract or otherwise (collectively, «Claims»), including, but not limited to, damages to property or personal injury, that are caused by, arise out of or are related to (a) your use or misuse of the Sites, Content or Products, (b) any User Content you create, post, share or store on or through the Sites or our pages or feeds on third party social media platforms, (c) any Feedback you provide, (d) your violation of these Terms, (e) your violation of the rights of another, and (f) any third party's use or misuse of the Sites or Products provided to yoto indemnify, defend and hold harmless Daily Harvest, and our respective past, present and future employees, officers, directors, contractors, consultants, equityholders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and assigns (individually and collectively, the «Daily Harvest Parties»), from and against all actual or alleged Daily Harvest Party or third party claims, damages, awards, judgments, losses, liabilities, obligations, penalties, interest, fees, expenses (including, without limitation, attorneys» fees and expenses) and costs (including, without limitation, court costs, costs of settlement and costs of pursuing indemnification and insurance), of every kind and nature whatsoever, whether known or unknown, foreseen or unforeseen, matured or unmatured, or suspected or unsuspected, in law or equity, whether in tort, contract or otherwise (collectively, «Claims»), including, but not limited to, damages to property or personal injury, that are caused by, arise out of or are related to (a) your use or misuse of the Sites, Content or Products, (b) any User Content you create, post, share or store on or through the Sites or our pages or feeds on third party social media platforms, (c) any Feedback you provide, (d) your violation of these Terms, (e) your violation of the rights of another, and (f) any third party's use or misuse of the Sites or Products provided to yoto, damages to property or personal injury, that are caused by, arise out of or are related to (a) your use or misuse of the Sites, Content or Products, (b) any User Content you create, post, share or store on or through the Sites or our pages or feeds on third party social media platforms, (c) any Feedback you provide, (d) your violation of these Terms, (e) your violation of the rights of another, and (f) any third party's use or misuse of the Sites or Products provided to yoto property or personal injury, that are caused by, arise out of or are related to (a) your use or misuse of the Sites, Content or Products, (b) any User Content you create, post, share or store on or through the Sites or our pages or feeds on third party social media platforms, (c) any Feedback you provide, (d) your violation of these Terms, (e) your violation of the rights of another, and (f) any third party's use or misuse of the Sites or Products provided to yoto (a) your use or misuse of the Sites, Content or Products, (b) any User Content you create, post, share or store on or through the Sites or our pages or feeds on third party social media platforms, (c) any Feedback you provide, (d) your violation of these Terms, (e) your violation of the rights of another, and (f) any third party's use or misuse of the Sites or Products provided to yoto you.

It is also important to note that liabilities, such as outstanding bank loans, guarantees, lease agreements and payments to suppliers are usually not insured, leaving the personal assets of business owners pledged against these liabilities, and potentially leaving family members in financial distress.

Students renting an off - campus apartment — like anyone else — should purchase a renters insurance policy to cover their belongings, give themselves personal liability protection and loss of use coverage.

One of our goals is to help you minimize your personal tax liability.

Today I'll be sharing my personal balance sheet, listing all of my assets and liabilities to figure out what my current net worth is.

More than a year since the first Section 404 deadline arrived, Sarbanes - Oxley still inspires fear in boards and top executives — of enforcement actions, of the stock market's reaction to a deficiency, and of personal liability.

For example, if you employ contractors, you'll have to 1099 - MISC Form for Small Business Owners, If you're a sole proprietor or or single - member limited liability company, you'll be responsible for reporting all business income and expenses on a Schedule C attachment to your personal income tax return.

Evidently finding a way to close down the legal liabilities and / or engineer consent from users to that degree of murky privacy intrusion — involving pools of aggregated personal data gathered by goodness knows who, how, where or when — was a bridge too far for the company's army of legal and policy staffers.

If you sponsor a 401 (k) plan for you and your employees, I recommend avoiding 401 (k) providers that charge hidden fees — they make it harder for you to avoid excessive 401 (k) fees that handicap participant returns and increase your personal liability.

Small business 401 (k) plan sponsors have a fiduciary responsibility to act in the best interest of their plan participants or risk personal liability.

In the first place, most major corporate misconduct implicates senior corporate officials, such that a regime of personal — rather than corporate — liability would provide them with incentives to cause the corporate entity to insure against the risk of such losses, which satisfies the goal of compensation.

But if a policyholder is renting a mobile home in a park within close vicinity to others, frequently has guests or a dog, they might want to consider purchasing additional personal liability protection.

A way to protect property owners from personal liability has also turned out to be handy for enabling problematic behavior, like laundering money or being a bad landlord.

Personal Liability protection covers damages that the policyholder and family members (including pets) might be at fault for such as medical bills or damage to someone else's personal pPersonal Liability protection covers damages that the policyholder and family members (including pets) might be at fault for such as medical bills or damage to someone else's personal ppersonal property.

Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied by the forward - looking statements, including, without limitation: BlackBerry's ability to enhance its current products and services, or develop new products and services in a timely manner or at competitive prices, including risks related to new product introductions; risks related to BlackBerry's ability to mitigate the impact of the anticipated decline in BlackBerry's infrastructure access fees on its consolidated revenue by developing an integrated services and software offering; intense competition, rapid change and significant strategic alliances within BlackBerry's industry; BlackBerry's reliance on carrier partners and distributors; risks associated with BlackBerry's foreign operations, including risks related to recent political and economic developments in Venezuela and the impact of foreign currency restrictions; risks relating to network disruptions and other business interruptions, including costs, potential liabilities, lost revenues and reputational damage associated with service interruptions; risks related to BlackBerry's ability to implement and to realize the anticipated benefits of its CORE program; BlackBerry's ability to maintain or increase its cash balance; security risks; BlackBerry's ability to attract and retain key personnel; risks related to intellectual property rights; BlackBerry's ability to expand and manage BlackBerry (R) World (TM); risks related to the collection, storage, transmission, use and disclosure of confidential and personal information;

Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied by the forward - looking statements, including, without limitation: BlackBerry's ability to enhance its current products and services, or develop new products and services in a timely manner or at competitive prices, including risks related to new product introductions; risks related to BlackBerry's ability to mitigate the impact of the anticipated decline in BlackBerry's infrastructure access fees on its consolidated revenue by developing an integrated services and software offering; intense competition, rapid change and significant strategic alliances within BlackBerry's industry; BlackBerry's reliance on carrier partners and distributors; risks associated with BlackBerry's foreign operations, including risks related to recent political and economic developments in Venezuela and the impact of foreign currency restrictions; risks relating to network disruptions and other business interruptions, including costs, potential liabilities, lost revenues and reputational damage associated with service interruptions; risks related to BlackBerry's ability to implement and to realize the anticipated benefits of its CORE program; BlackBerry's ability to maintain or increase its cash balance; security risks; BlackBerry's ability to attract and retain key personnel; risks related to intellectual property rights; BlackBerry's ability to expand and manage BlackBerry ® World ™; risks related to the collection, storage, transmission, use and disclosure of confidential and personal information; BlackBerry's ability to manage inventory and asset risk; BlackBerry's reliance on suppliers of functional components for its products and risks relating to its supply chain; BlackBerry's ability to obtain rights to use software or components supplied by third parties; BlackBerry's ability to successfully maintain and enhance its brand; risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and management changes and headcount reductions; reliance on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products; risks related to litigation, including litigation claims arising from BlackBerry's practice of providing forward - looking guidance; potential charges relating to the impairment of intangible assets recorded on BlackBerry's balance sheet; risks as a result of actions of activist shareholders; government regulation of wireless spectrum and radio frequencies; risks related to economic and geopolitical conditions; risks associated with acquisitions; foreign exchange risks; and difficulties in forecasting BlackBerry's financial results given the rapid technological changes, evolving industry standards, intense competition and short product life cycles that characterize the wireless communications industry.

The social network has absorbed criticism in recent months regarding its personal data security liabilities, thanks mainly to the misuse of data from about 87 million people collected on the social network by a research firm, Cambridge Analytica, during the 2016 U.S. presidential election.

Business Liability Insurance is not usually required by law but can protect your business and personal assets from being taken in a judgement against you or as a tenant if you cause damage to a property you rent.

According to this article, he still holds a large personal stake in WR Grace (and what must be a massive personal deferred tax liability of something close to $ 100 million — he bought the stock for $ 2 in the early 2000's).

At least one partner must be a general partner, with full personal liability for the partnership's debts, while at least one partner's liability must be limited to the amount she's invested in the partnership.

Directors are subject to personal liability under a broad range of statutes.

Business owners who, as a normal course of business, create a potential risk of injury to themselves or others should purchase business or personal liability insurance in addition to sheltering their assets with the LLC.

Establishing your business as a sole proprietorship, a partnership or a corporation will affect the type of funding you are able to raise, your own personal liability, how the business is taxed, and more.

Individuals who may be taking on personal liability because of their affiliation to another related business should consider restructuring their business as an LLC to shield themselves from financial losses to their personal savings.