Sentences with phrase «portion of their debt in»

Individuals who file for Chapter 7 Bankruptcy relief have proven to the court that they have no realistic means of repaying any significant portion of their debt in the foreseeable near future.

When the buyer is indebted to a particular seller for two or more consumer credit sales of goods and the goods which were the subject of two or more sales secure the buyer's total debt to the seller, the security shall be discharged by applying the buyer's payments as they are received by the seller or the seller's assignee to the portions of the debt in the order in which they were incurred.

There should be no taxable event when a lender forgives some portion of a debt in a short sale, foreclosure, bank workout or similar situation.

Not exact matches

The company has already put at least $ 850 million toward debt reduction from the sale of a gold mine in Australia, and a portion of its stake in the Porgera mine in Papua New Guinea to Chinese company Zijin Mining Group.

«The average medical debt in Massachusetts in 2013 was relatively low at just $ 3,041 (6 percent of total unsecured debt) compared to $ 8,594 (20 percent of total unsecured debt) nationwide,» Austin writes in his 2014 study, portions of which were published in the Maine Law Review.

It was a modest post-issuance bump for CVS, which sold the debt in fixed - and floating - rate portions to fund its acquisition of health - care provider Aetna Inc..

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.

Some of the proceeds of the IPO will go to repay outstanding debt Zipcar owes to financial instutitutions, and «approximately $ 5.0 million to repay amounts owing to certain former shareholders of Streetcar» as well as a portion of the net proceeds to invest in «companies, technologies, services or assets that complement our business.»

In March, American Apparel announced it was attempting to refinance a portion of its debt.

Beyond finding that companies owned by Mr. Trump had debts of at least $ 650 million, The Times discovered that a substantial portion of his wealth is tied up in three passive partnerships that owe an additional $ 2 billion to a string of lenders, including those that hold the loan on the Avenue of the Americas building.

In the quarter, we also swapped a portion of our floating rate debt to fixed, resulting in about 90 % of our debt fixed for a total current blended rate of 4.75 In the quarter, we also swapped a portion of our floating rate debt to fixed, resulting in about 90 % of our debt fixed for a total current blended rate of 4.75 in about 90 % of our debt fixed for a total current blended rate of 4.75 %.

The company, which emerged from bankruptcy in 2008, has $ 11.31 billion in debt, as a net of current portion, as of June 30.

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.

In some market conditions, the Fund may invest a portion of its assets in short - term or other debt securitieIn some market conditions, the Fund may invest a portion of its assets in short - term or other debt securitiein short - term or other debt securities.

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.

They also know that a huge portion of the economy is in debt up to their eyeballs and any drop in prices (iron, copper, real estate, whatever) will lead to pain.

In May 2013, we, the Virgin Group and Cyrus Capital agreed to modify and exchange a portion of our then outstanding related - party debt.

The best part of my expenses is that a big portion is actually debt paydown (about $ 800 in mortgage and $ 700 car loans).

In dollar terms, these portions of debt outstanding represent $ 388 billion and $ 284 billion, respectively.

Rather, my impression is that the problems at JPM may be the result of using highly leveraged, illiquid derivative transactions as a «cross-hedge,» intended to reduce the risk of default in a whole portfolio of complex positions including (but not limited to) European mortgage debt, but with the long and short portions of the position behaving unexpectedly in relation to each other.

Your shares now receive a larger portion of the net income and dividends with no increase in the debt load.

What matters most is that you're dedicating a significant portion of your income to improving your financial life, regardless of whether that's in the form of IRA contributions or debt payments.

I have always believed that any successful investor should invest a portion of his portfolio in debt.

In the April 2015 Budget, the Conservative government committed to allocating any unused portion of the risk adjustment factor to debt reduction.

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.

We will use the proceeds of the escrow release to pay down a portion of our USA segment debt and to provide additional working capital to support growth in our USA Segment.»

Their father, the bumbling Mace Tyrell, serves on the king's Small Council and was most recently sent to Braavos to negotiate friendlier terms with the Iron Bank, which has called in a portion of the Crown's debts.

The debt retirement will be structured to be combined with the District's current debt, a significant portion of which will be retired in the next few years.

OMH will also provide debt service payments on a portion of the permanent loan and will provide $ 857,800 in annual funding for on - site social services for the Supportive Housing tenants.

The portion of the budget paid for by state taxpayers will rise just under two percent Despite the one - time windfall, he had to bridge a $ 1.8 billion deficit in the current budget, which he did by counting $ 373 million in additional, not immediately identified revenues as well as cutting $ 92 million from state agencies, booking $ 121 million in savings from «debt management» and cutting $ 1.4 billion from funding for various local assistance programs.

In addition, charter schools are generally required to spend a significant portion of their budgets on rent or facilities - related debt service, an extra cost that is generally not included in most charter - school funding formulaIn addition, charter schools are generally required to spend a significant portion of their budgets on rent or facilities - related debt service, an extra cost that is generally not included in most charter - school funding formulain most charter - school funding formulas.

A large portion of the U.S. household debt in the late 2000s was in low - quality, sub-prime mortgages.

And, because you repay a portion of what you owe over a period of up to 5 years, a consumer proposal is often the lowest cost option to consolidating debt, resulting in lower monthly payments than either debt consolidation or a debt management plan through a credit counsellor.

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 perioIn 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 perioin because it will allow you to pay a portion of the debt or all the debt over a specified period.

Today, about 30 % of borrowers with student loan debt did not finish their education; in other words, this portion of borrowers did not have a degree.

In more general terms, a consumer proposal is an offer you make to your creditors to pay a portion of your debts.

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.

Borrowers who meet requirements outlined in the law may be eligible to have a portion of their student loan debt forgiven.

In a consumer proposal you repay a portion of your debts.

A portion of that money can be invested in these debt funds.

Once you have a sizeable amount of investment in Equities or Debt, it would then make more sense to diversify this portion more to include funds from other regions.

(This is when lawyers would step in, take a portion of the proceeds equal to the outstanding debt, and remit that to the lien - holder.)

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.

In May 2017, for example, Puerto Rico announced its intentions to restructure a significant portion of the $ 70 billion in municipal debt it owes after failing to reach an agreement with bondholderIn May 2017, for example, Puerto Rico announced its intentions to restructure a significant portion of the $ 70 billion in municipal debt it owes after failing to reach an agreement with bondholderin municipal debt it owes after failing to reach an agreement with bondholders.

Loan forgiveness means that a portion or all of your student loan debt is «forgiven» or erased when you complete a certain period of time working in a job that has been earmarked in a critical - need field.

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.