Sentences with phrase «repay debts he owed to»

Bankruptcy / Bankrupt — A legal status that involves a person who can not repay the debt they owe to banks, or mortgage companies.

$ 200,000 from «undetermined sources» that Eisemann used to make it look like he was using his own money to repay debts he owed to SCHI

Bankruptcy is a legal process which allows debtors, who are unable to repay debt owed to a creditor, to either discharge the debt or restructure some of their debt payments.

«Plaintiff desires to repay her debt owed to ECMC and DOE under the Income - Based Repayment (IBR) for which she is eligible in her current loan program or through consolidation of her current loans in the William D. Ford Direct Loan Consolidation Program (Ford Program).

In the eyes of the creditor, you may be liable to repay a debt owing to them even if your spouse agreed to pay it in the separation agreement.

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.»

Funds may also not be used to reimburse a business owner for money he or she has previously invested in the business or be used to repay money owed the government, such as a tax debt.

They also may not be used to reimburse a business owner for money he or she has previously invested in the business or used to repay money owed to the government, such as a tax debt.

It's no surprise that people who owe the most debt tend to repay their loans at a slower rate — and sometimes don't pay them at all.

I think the big mistake is the idea that a debt was owed and had to be repaid.

Our house was taken away to repay a debt we owed a family friend.

I owe them a debt of gratitude that I can never repay directly: I can only try to pay it forward, extending the ripples they started on a pond when I was just a nursing infant myself.

At that time, the Joliet Park District owed only $ 200,000, and the inability to borrow beyond that amount has limited the district's ability to use bonds to borrow for capital improvement funds and then levy taxes to repay the debt.

Velasquez has not been criminally charged but was ordered by Schneiderman to repay the group $ 100,000 and forgive a bogus $ 1 million debt he claimed the parade board owed him, the AG's office said.

The pair is brought together through a seemingly subtle twist of fate; Jay owes some very «bad» people a lot of money and needs to charm his father (Treat Williams) into giving him the necessary funds to repay the debt.

In Ozark, Jason Bateman and Laura Linney star as a married couple who must flee Chicago and relocate to the aforementioned and mysterious rural locale in Missouri to begin repaying the money - laundering debt he owes to a ruthless and powerful drug lord.

Hawkeye only joined Cap's team in Civil War to repay a life debt he owed to Wanda Maximoff after her brother, Pietro, saved him in Age of Ultron.

The secret - shrouded brainchild of producer J.J. Abrams, writer Drew Goddard, and director Matt Reeves, Cloverfield owes its first - person approach to 1999's shaky - cam horror classic The Blair Witch Project, a debt it repays by taking the technique places Blair Witch could never go.

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.

Nothing seems worse at a time when you owe thousands of dollars in debt and you have taken out loans to repay all your creditors.

A reverse mortgage loan is «non-recourse», meaning that if you sell the home to repay the loan, you or your heirs will never owe more than the loan balance or the value of the property, whichever is less; and no assets other than the home must be used to repay the debt.

Choosing a debt management option depends on how much you owe and what you can afford to repay.

Instead they wind up owing $ 150,000 and more for education only to just not want to or be able to graduate in the field they originally started in and obtain the income necessary to repay those very high levels of student loan debt.

To file a consumer proposal you must be insolvent (in other words owe more than you own and be unable to repay your debts) and owe less than $ 250,000 (excluding your mortgageTo file a consumer proposal you must be insolvent (in other words owe more than you own and be unable to repay your debts) and owe less than $ 250,000 (excluding your mortgageto repay your debts) and owe less than $ 250,000 (excluding your mortgage).

A debt for $ 28,138 and $ 2,200 must still be serviced the same way; labor must be converted to common currency to repay the obligation owed.

You may find yourself unable to repay all of your outstanding debt, but can still afford to repay a portion of what you owe.

You can sometimes negotiate a lower payment or interest rate on the debt you owe, since creditors may be happier to be repaid in a stream of smaller payments than to wait for the full amount and worry it might never arrive.

A debt collection tool that allows the government to seize income tax refunds from individuals who owe the federal government to help repay the outstanding debt.

If you sell the home to repay the loan, you or your heirs will never owe more than the loan balance or the value of the property, whichever is less; and no assets other than the home must be used to repay the debt

If you fail to repay a debt, your creditor can sue you in civil court to recover what is owed.

When you settle a debt, you're effectively asking the creditor or collection agency to accept less than the full balance owed to consider the account repaid.

(If you owe $ 45,000 in debts you'd have to offer at to repay $ 15,000).

The bond is a debt security, under which the issuer owes the holders a debt and (depending on the terms of the bond) is obliged to pay them interest (the coupon) or to repay the principal at a later date, termed the maturity date.

A general term to describe the legal status of when a person or company can not repay the debts it owes.

If you're in debt and ready to get out of the red, you want to repay the money you owe as quickly as possible.

When you've accumulated credit card debt that you can't repay each month, it can be easy to ignore how much you owe.

If you owe balances on multiple credit cards, a debt consolidator will create a plan that allows you to make a single monthly payment which will then be used to repay what you owe.

As a debt owed to it that it can reasonably expect to be repaid, it does indeed form an asset of the RRSP so it's not realy fake at all.

Bankruptcy is a way for people or businesses who have more debts than they can handle to either work out a plan to repay the money they owe over time, or to eliminate their debts entirely.

There's chapter 11, which businesses and wealthy folks use to reorganize debts and stay afloat, and there's chapter 13, which lets the debtor keep their property as they repay what they owe, not to mention other chapters for fishermen and foreign debts.

If you receive a call from a collection agent asking you to pay a debt that you do not owe — or that you have already repaid — you have a right to ask the collection agency to verify the debt.

Depending on the size of your debt, and the size of your wages, that 15 % could take a long time to repay what you owe.

This is not uncommon as a method of dealing with joint debts owed by a couple who can no longer repay these debts due to their divorce and a change in their financial circumstances.

A debt management plan focuses on negotiating with current creditors to come up with a way to repay your debt without lowering the balance owed.

In a sense, these companies purchase debts from outside lenders and then work with you to help you repay the amounts that you owed at a much lower interest rate.

Create A Budget and Repayment Plan To reduce the amount of debt that you owe as quickly as possible, you will need a plan for repaying that debt.

During these pitch calls, the Enrollment Specialists tell consumers that Defendants» network of attorneys will negotiate settlements of their unsecured debts with creditors so consumers will be able to repay the debt for less than what is owed.

For example, if you propose to repay 90 % of all your outstanding debts over a 5 - year period, then all creditors will get 90 % of what you owe them.

settle, settlement, or debt settlement [top] Reach an agreement with a lender / creditor to repay only a portion or part of the debt as a settlement / satisfaction / compromise for payment of less - than - full balance and report the balance owed as zero.

If you have assets, you will need to sell them off to repay the debt that you owe.