Sentences with phrase «private creditors»

I sure hate to be cynical but it always seems like the individual is the least powerful and most taken advantage of by government and private creditors alike.

Regardless of what European officials do, Moody's noted, «The increased likelihood that Greece's supporters (the IMF, ECB and the EU Commission, together known as the «Troika») will, at some point in the future, require the participation of private creditors in a debt restructuring as a precondition for funding support.»

But while a government bailout or International Monetary Fund loan may enable private creditors to jump ship, it shifts the burden onto the government — mainly to be borne by taxpayers.

Obliging budget deficits to be financed by private creditors seemed to offer a bonanza: being able to collect interest for creating electronic credit that governments can create themselves.

If you deposit this check in your bank account, it's possible for private creditors to levy this money.

Despite the fact that every debt collector out there will do his level best to convince you otherwise, most private creditors have no ability to garnish wages in South Carolina.

A registered mortgage allows people to borrow from institutional lenders as well as private creditors.

While Ohio law does not allow private creditors to collect on these loans themselves, the increase in total debt owed is an unwieldy burden.

It might take sometime to you to find the best company for your situation, which is why you should begin searching early, but you may find private creditors that can handle your loan.

Serving as lead trial counsel for a group of Chapter 11 debtors in a case involving more than US$ 2 billion of claims including successfully defending the debtors» plan of reorganization against objections by state environmental agencies, the United States and private creditors at a multiday contested confirmation hearing.

The Corker - Warner bill would replace Fannie Mae and Freddie Mac with a new guarantor, the Federal Mortgage Insurance Corporation.It would offer reinsurance of mortgage securities if private creditors ever reached another crisis in the future.This retention of the federal guarantee for mortgage securities is critical to REALTORS.

«Increasingly we see instances where LICs [low - income countries] have borrowed excessively, and unsustainably, from large, often non-transparent emerging sovereign creditors like China and / or private creditors,» the statement said.

But neither the African governmental officials nor the private foreign banks who made the decision to loan in the first place lose out, as European and North American governments step in to provide further financial assistance for African countries as they begin to lapse on loan repayments: «In effect, public money from the governments of industrialised countries -LSB-...] helped to bail out the private creditors» (p. 33).

There may also be other laws in your state that place restrictions on the amount of collection fees that private creditors can charge.

There may be other laws in your state that place additional restrictions on the amount of collection fees that private creditors can charge.