Sentences with phrase «portion of their debt»

No one thought that we could remotely pay off the portion of the debt that is not held by Social Security and Medicare as early as 2005 - 2006.
Energy companies have made up a good portion of debt issued in the high yield market over the past few years.
The Rusal contingency team felt like it had fewer options than their En + counterparts because the metals producer had a much larger portion of debt and contracts in dollars due to the nature of the aluminium market, according to three people close to Rusal.
In March, American Apparel announced it was attempting to refinance a portion of its debt.
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.
Second, assume that the bad debt generated by the system (by which I mean the excess portion of any debt used to fund projects that add less value to the economy than the cost of the project) is not written down within the reporting period in which it was extended.
It's understood debt investment house Highbridge Capital Management agreed to underwrite a large portion of the debt package, while Carlyle's equity came from its Carlyle Asia Partners IV fund.
Which is why an SBA loan is a preferred business loan from a bank where the Small Business Administration guarantees a portion of the debt should the borrower default.
This gave banks a guarantee against a portion of debt should the entrepreneur default on their loan.
Any portion of the debt that is unsecured should be the first to fall.
A number of countries with mounting debt loads can't continue to pay the interest portion of their debt, let alone ever pay it back.
Another implication is that when considering what - if interest - rate scenarios and the ability of the US government to meet its financial obligations under the different scenarios, the assumption should be made that the portion of the debt held by the Fed has an effective interest rate of zero.
In dollar terms, these portions of debt outstanding represent $ 388 billion and $ 284 billion, respectively.
Lower interest deductions are expected to reduce the portion of debt used for private equity buyouts.
Through this mechanism, the portion of the debt owed to the Banks amounting to about GHC 800 million was restructured by leveraging some proceeds that had accrued from the levy.
that explains what specifically does - or does not give the US executive branch the right to choose to default on specific portions of debt despite having non-empty treasury?
«NNPC claimed that we owe N11 billion but failed to reveal that they owe us N16 billion with a key portion of the debt spanning over two years,» Ubah said.
A consumer proposal is a legal procedure that allows Canadians to repay a portion of their debts, instead of filing an assignment in bankruptcy.
In this case, all parties are interested in because it will allow you to pay a portion of the debt or all the debt over a specified period.
Filing a Consumer Proposal: Your total debt can not exceed $ 250,000 (excluding a mortgage) and you must be able to afford to repay a portion of your debts.
Trying to wipe it out through tradition means such as bankruptcy is nearly impossible, however there are strict requirements for certain limited programs which can wipe out a portion of debt.
A consumer proposal is a way of protecting what you own and paying back a portion of your debts, usually over a 4 or 5 year period.
In more general terms, a consumer proposal is an offer you make to your creditors to pay a portion of your debts.
Bankruptcy is a process that allows an individual or business to eliminate or repay a portion of their debt, or at times all of their debt, under the protection of the United States federal bankruptcy court.
If the debtor's income exceeds these combined expenses by a certain amount, the debtor may be able to pay a reasonable portion of his debt, and filing Chapter 7 is likely to be considered abusive.
(If one spouse dies or becomes permanently disabled, however, that portion of the debt is forgiven.)
Bond: A bond is essentially a portion of debt.
If your student loans form a significant portion of your debts, this means the proposal can be rejected.
So, what does «a portion of their debts» mean?
Many people fall into this type of situation — they experience financial setbacks that prevent them from keeping up with monthly debt payments, but they have enough money in a retirement account to pay a portion of the debts.
Another negative to consider in a debt settlement is that if some portion of your debt is forgiven or canceled, you may have to report that amount as «income» and pay the appropriate taxes.
In a consumer proposal you repay a portion of your debts.
If the creditor accepts your offer, make sure they also agree to cancel the remaining portion of your debt.
You are paying them a fee to convince your creditors to accept only a portion of the debt you owe, and if you say the wrong thing to a creditor, it might make it harder for them to negotiate for you.
Up front loan forgiveness cancels a portion of the debt for each year of service.
If you and the other account card holder can come to an agreement about who's responsible for which portion of the debt, the creditor may allow you to settle only on the part that you're liable for and let the cosigner continue payments on their portion.
You could pay off a portion of the debt and your minimum payments should also go down proportionately.
When refinancing, if you do find a lender who will split up the loan into private loans, you have to make sure you're getting a good deal not just in terms of the portion of the debt you're receiving, but the terms and rates of the new loan.
When a creditor only has collateral for a portion of the debt you owe to him, he is a partially secured creditor.
Here's the catch: The forgiven portion of the debt will be taxed as a gift, and those taxes must immediately be paid in full.
In the era prior to the CARD Act many issuers applied payments made by cardholders to finance charges and balances with lower interest rates which cause higher interest accrual on the accounts and made it more difficult to pay down the total balances on their credit card accounts faster as the portions of their debt with higher interest rates were carried forward from month to month.
Also known as a reorganization bankruptcy, it enables you to develop a three - to five - year repayment plan to satisfy all or just a portion of your debts.
In a consumer proposal you offer a payment plan to your creditors to repay a portion of the debts.
Under Chapter 13, debtors agree to pay back a portion of their debt over a period of 3 to 5 years.
Chapter 13 bankruptcy is also known as «wage earner» bankruptcy because, in order to file for Chapter 13, you must have a reliable source of income that you can use to repay some portion of your debt.
In this type of bankruptcy, generally the courts allow you to repay a portion of your debt over three to five years, and the remaining debt is discharged.
Your total debt can not exceed $ 250,000 (excluding a mortgage) and you must have the ability to repay a portion of your debts.
the portion of your debt that doesn't get paid — is completely forgiven (wiped away and never has to get paid)
This type of bankruptcy is designed to help you pay back all or a portion of your debts through a three - to five - year repayment plan.
Chapter 13 bankruptcy allows wage earners to repay a portion of the their debt over three to five years.
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