Sentences with phrase «repay certain debts»

Filing bankruptcy is not the right choice for everyone, but if you are receiving SSI benefits and you think it's best for you, it might allow you to discharge or repay certain debts.

When filing for Chapter 13 bankruptcy, you'll have to repay your certain debts that have priority in full — such as taxes and child support payments — as well as making payments on secured debts such as car loans and mortgages.

Under a Chapter 7 you can reaffirm your debt before a bankruptcy discharge is entered, which means you will continue to repay a certain debt that would typically be discharged.

Not exact matches

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.»

As of September 30, 2008, our balance sheet had... $ 420m in short - term debt... $ 411m of which had been reclassified from long - term debt, due to our failure to comply with certain covenants and restrictions in the agreements governing our 2005 Notes and 2006 Notes... We do not currently have sufficient cash to repay this indebtedness if our debt is accelerated and if the noteholders instituted foreclosure proceedings against our assets.

Misinformation: — Sallie Mae and Navient are two different companies — $ 1.3 trillion is the total outstanding student loan debt in the United States, and no company is being forced or asked to repay this — Last year, Sallie Mae was ordered to pay $ 100 million to military members for bad practices, but that is just for certain people who had issues while they were deployed or on active duty — There are multiple income - based programs?

Even if you qualify for student loan forgiveness, you still have to repay your lender a certain amount of your debt.

In this situation, the business will repay a certain portion of the tax debt in equal monthly installment payments.

At a certain point, you can also do self debt consolidation and credit counseling by getting a loan to repay all of your creditors and then paying off that loan.

You could consolidate your debt by borrowing against your retirement plan, but this money typically has to be repaid within a certain amount of time.

Both Chapter 11 and Chapter 13 bankruptcy may allow you to modify secured debt contracts, discharge certain unsecured debts that can not be repaid over the term of the bankruptcy repayment plan, and to keep certain property needed to operate your business.

Along with evaluating the risk criteria, debt ratios measures your ability to repay the mortgage by ensuring your total debt - including car payments, student loans, credit card bills, etc. - does not exceed a certain percentage of your income.

Refinancing may mean that the customer has other debt that needs to be included in the refinance product, may have a lower paying current job that has decreased the original ability to repay the loan, has certain family or personal circumstances that have required a refinancing of the house, and other changes that may be riskier for a lending bank.

If you have certain debts you can't pay outside of bankruptcy and which can not be eliminated in Chapter 7 (for example, income taxes), Chapter 13 provides a process for repaying those debts

Student debts whose interest rate is index - linked, and which are erased when a certain age is reached should never be repaid faster than is contractually necessary.

A promissory note is a written document that promises to repay a loan or debt under certain terms.

But before you co-sign for anybody, 1) do understand the risks, 2) make sure the borrower knows what happens to your credit as a co-signer if she doesn't pay, and 3) ask whether there's a way for your obligation as co-signer to be removed after a certain portion of the debt has been repaid and maybe your friend builds a bit of a — stellar, right?

In order to have the Chapter 13 plan confirmed (approved by the court), a certain amount of your debt must be repaid.

The Hebrew Bible and Hammurabi's code include prohibitions against certain kinds of money lending and punishments for failure to repay debts, including indentured servitude.

Meaning, certain debts like taxes, mortgage, car payments will be repaid first before unsecured debts.

You should always concentrate on repaying your debts, but if they're at 0 % (in the form of, for example, a 0 % spending or balance transfer card) then it's less of a problem — as long as you're certain you can repay them by the end of the 0 % period.

That being said, there are certain legal obligations to repay debt in addition to any moral ones that exist.

Do you budget for a certain amount of money each month to repay your debts but aren't sure why they don't decrease as fast as you expect?

Card issuers only want to take on your debt if they're certain you can repay it.

Private lenders, on the other hand, do care about your ability to repay, so they'll look at certain financial criteria and your history of managing debt to evaluate how risky it would be to offer you a loan.

You may be willing to work hard at repaying your debts, but if your situation has gone beyond a certain level, good intentions simply won't matter.

Bankruptcy is a program created by federal law that allows you to eliminate certain kinds of debt or create a payment plan to repay your debts over time.

You are loaning money to another person or business and want to hold an interest in certain property they own as security until they repay their debt.

Creditors will line up at good rates to lend money to a profession that is certain to monetize the acquisition, make profits, and repay the debt.