«Foreclosure» is reported on a credit report if a bank has repossessed real property (real estate) due to
reporting lack of payments.
«· Foreclosure: A foreclosure is reported on a credit report if a bank has repossessed real property (real estate) due to
reporting lack of payments.
Despite your intentions to settle, creditors can
report your lack of payment to the credit bureaus, so your credit certainly may get worse before it ultimately gets better.
Not exact matches
If for instance, you are a building company with a contract offer from a gym and the gym's credit
report reveals a number
of CCJs incurred for
lack of payment, you may wish to reconsider accepting the contract.
Actual results, including with respect to our targets and prospects, could differ materially due to a number
of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up
of production
of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception
of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall
of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability
of receivables and other related matters as consumers and businesses may defer purchases or
payments, or default on
payments; risks resulting from the concentration
of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers
of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits
of the transaction; the risk that retail customers may alter promotional pricing, increase promotion
of a competitor's products over our products or reduce their inventory levels, all
of which could negatively affect product demand; the risk that our investments may experience periods
of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity
of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization
of products under development, such as our pipeline
of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development
of new technology and competing products that may impair demand or render our products obsolete; the potential
lack of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our
report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent
reports filed with the SEC.
It added, «Please be informed that should the confirmation not be considered as satisfactory by the bank pursuant to its legal obligations under French law, the
payment received by ICC may be cancelled and the
lack of relevant information
reported to the relevant authorities.»
The appeal court added that since the House
of Representatives or any chamber
of the National Assembly
lacked the power to conduct criminal investigation, its
report «can not be used to prevent or shield any
of the petroleum marketer and supply companies from being investigated by competent investigative authority upon a criminal complaint that it fraudulently received billions
of naira as imported petroleum subsidy
payments when it did not import or market the petroleum in Nigeria.»
He electronically submitted the amended
reports after The Courant raised questions with him about an apparent
lack of rent
payments or obligations listed on campaign finance
reports from late 2013 into the first part
of 2014.
Trust me when I tell you that the cost
of uncollected receivables, filing penalties or interest on late
payments, write - offs due to posting errors, impaired management decision due to
lack of accurate or timely
reporting, improperly processed payroll, and undetected embezzlement will cost you exponentially more in the long run than cost cutting a $ 12 - 14 an hour employee in the accounting office.
Also, payday loan lenders
report to credit bureaus, as explained above, and if the timely repayment
of the loan gets recorded into your credit
report as a positive entry, the
lack of payment, or late
payment will also be recorded into your credit
report but it will affect your credit score negatively.
This
report (and the
lack of noting timely
payments) can create problems for borrowers / debtors who are seeking to refinance their mortgage loan - particularly if the borrower is seeking to refinance through the same mortgage carrier as had the mortgage at the time the bankruptcy case was filed.
Failure to mention potential issues, such as
lack of funds for closing or maybe a recent late
payment on your credit
report, can temporarily halt your refinance because your loan officer might have to start over and find a more appropriate mortgage product.
An applicant whose credit
report contains a lot
of missed
payments / delinquencies may be deemed irresponsible, negligent, and
lacking integrity.
The only negative impact
of the
lack of a Reaffirmation Agreement is that he lender no longer has the obligation to
report your voluntary
payments to the three major credit bureaus.
However, since
lack of child support
payments can be reflected on your credit
report, your auto insurance can go up if your insurance company uses your credit
report to determine your rates.
While the
report acknowledges that cryptocurrencies can be used to facilitate remittances and other consumer
payments, by trading into and out
of fiat currencies, it said that «due to the
lack of a legal premise, the bank is unable to endorse such activities in Namibia at the moment.»
The survey
reports that 70 percent
of adults don't feel they have enough in savings for a down
payment, but this may be attributed to a
lack of mortgage industry knowledge.