Sentences with phrase «rather than the amount you owe»

The income - driven repayment plans are based on your income rather than the amount you owe, thereby lowering payment requirements for low - income borrowers.

Not exact matches

While it is a fact that there are plenty of sugar daddies who are old but there are also a considerable amount of young, successful, and smart businessmen who are now more interested in sugar dating rather than a conventional relationship owing to their busy schedules and lifestyles.

If there is dispute over the amount of debt that was legitimately owed, is there any clean way to record the fact that one is willing to offer the amount that one agrees is owed if any when the agency commits in writing to agreeing that the debt was in fact paid in full [e.g. if a company mishandles a customer change of address such that the customer never receives a bill for $ 5.47 for the last few days of service, and only finds out about that last bill when a collection agency demands $ 95.47, a payment of $ 5.47 should show up as payment in full, rather than pennies on the dollar.]

Rather than working with companies to lower the amount that you actually owe by eliminating late fees, finance charges and other secondary credit costs, personal loans will allow you to pay the full amount that you owe.

Choosing to invest in anything rather than to pay off debt is like borrowing the amount you owe to invest.

Most creditors are willing to accept payments of much less than the balance owed to close out an account rather than lose the entire amount in a bankruptcy proceeding.

That's because a tax credit is applied dollar - for - dollar to your taxes owed, rather than simply reducing the amount of income that can be taxed.

Typically, this is the best solution for people who owe smaller amounts of back taxes (again, less than $ 10,000), as it's far easier to pay back the debt when it's been spread out over a 3 year period of time, rather than requiring the entire amount to be paid all at once.

This fact sheet tells you how to offer your creditors a reduced sum to pay off your debt, rather than the full amount you owe.

In a Chapter 13, if you have owned the car long enough, (more than 910 days), you may be able to pay the lender the (lower) value of the car, rather than the (higher) amount owed.

According to the CFPB, Qualified Mortgages can not have loan terms longer than 30 years and can not involve negative amortization, a situation in which the amount owed increases because a borrower is only making payments toward the principal and not toward interest.2 They also can not include balloon payments, which are bigger payments made when a loan is reaching its end, or a period in which the borrower is exclusively paying interest rather than contributing payments toward the principal.

In return for proving that you simply can not afford their demands, the IRS will reduce the amount of money you owe, and offer you an easier repayment schedule, typically extending the payments out over a period of several years, rather than requiring that you pay everything all at once in a large lump - sum.

Most creditors are willing to accept payments of much less than the balance owed in order to close out an account rather than lose the entire amount in a bankruptcy proceeding.

Rather than make a tax - free rollover of the entire amount to an IRA, you can roll the stock into a taxable account and owe tax only on the stock's value when you acquired the shares.

«Credits are a dollar - for - dollar offset to the amount of tax you owe,» he says, «rather than a reduction of your taxable income.»

Attorney wanted the full contingency amount owed under his agreement and MICRA, while the trial court applied a local court rule allowing 25 % of the settlement recovery ($ 50,000 rather than the $ 61,666 contingency recovery).

To be fair, the judges were more concerned with the fact that Bowman hadn't made any payments on his debt since 2000, when he graduated law school, rather than the size of the amount owed.

One way or another, you'll want to make sure that you're only paying the amount that your insurer's EOB ultimately says you owe, rather than the amount that the hospital charges.

On the other hand, if your income ends up lower than you projected for the year (but still in the subsidy - eligible range, rather than the Medicaid - eligible range or the Medicaid coverage gap range in a state that didn't expand Medicaid), the additional premium subsidy will be added to your tax refund, or used to offset the amount of taxes you owe if you're not due a refund.

In short, a short sale is nothing more than negotiating with lien holders a payoff for less than what they are owed, or rather a sale of a debt, generally on a piece of real estate, short of the full debt amount.