Sentences with phrase «seize your asset in»

Without the right to seize assets in the event of a default, banks were scared away.

On 23 June 2013, it was reported that the US Drug Enforcement Administration listed 11.02 bitcoins as a seized asset in a United States Department of Justice seizure notice pursuant to 21 U.S.C. § 881.

If you fail to make your payments on your debt consolidation loan, your lender can seize your asset in order to get its money back.

This means that creditors can not seize assets in Individual Retirement Accounts.

That asset is tied to your loan so that if you are not able to repay your loan, the lender can seize that asset in order to repay the loan by selling it.

Within the past decade, banking and insurance companies have hired historical legal experts and spent a lot of time litigation over the US Federal Court system's power to issue equitable remedies such as the Mareva injunction and equitable liens to seize assets in federal litigation; the Alien Torts Act which has been used by international human rights organizations had its breadth restricted by use of 18th century views of the «law of nations» requiring recourse to historic writers like Hugo Grotius, and even administrative law has come under assault by dissents of Justice Thomas arguing that the «Chevron» doctrine of deference to agency interpretations of their own statutes should be set aside as being incompatible with the understanding of the American separation of powers doctrine as it was understood at the time of the country's founding.

Summary: After the Department of Justice seized assets in an alleged misappropriation of public funds scheme, some major American law firms have...

Not exact matches

Remember though, if you default on a secured loan then the assets or asset class you used as a security could be seized by the creditor in a Court procedure that could also put your company out of business, so there is some element of risk to consider with asset - based financing.

This summer, the Justice Department took the first public steps toward seizing $ 1 billion in assets that it says were moved to the United States after being taken from 1MDB by family and friends of Mr. Najib, the prime minister.

If your business is in difficulty and is unable to make the loan payments, whatever personal assets you have posted as collateral (house, car, investment accounts, etc.) can be seized by the bank.

In typical asset - backed lending the assets need to be located, seized and liquidated for lenders to be made whole.

As many firms learned in the depths of the crisis, what was once thought to be a liquid asset quickly became illiquid as markets seized up and normal outlets for converting assets to cash evaporated.

When that happens, the driver's personal assets are exposed, and can be seized in a lawsuit to pay for the rest of the claim.

Because of your personal guarantee on the loan, a bank may seize other personal assets in addition to your home.

In addition to the approximately 2 million Swiss francs worth of assets that the regulatory body has already managed to recover or block, it anticipates potentially seizing more after the conclusion of these proceedings.

The UCC - 1 protects the interests of the lender in the case of borrower default or bankruptcy, in which said asset (s) would be foreclosed on, seized or sold off.

Yet, even with all increasing red flags that suggest that assets held within the global banking system could be devalued, frozen, or seized, or all of the aforementioned, including warnings of possible negative interest rates applied to commercial and corporate bank accounts in the near future from big global banks like the Royal Bank of Scotland, most of us go about our daily lives without giving a second thought about taking preventive actions to prevent such mind - blowing and negatively impacting life - changing events from happening.

With bank loans you have to be sure to pay back the loan, or face bankruptcy and assets being seized to pay off your debts; with investment angels you may lose some control of your business; and with family and friends there is the stress of using their money in a business that can potentially fail.

In the case of default by the project operator, the lenders may take control over the collection of revenue, or may seize the assets specifically pledged or others pledged as additional collateral.

The US Justice Department says at least US$ 4.5 billion was stolen from 1MDB by associates of Najib, and it is working to seize US$ 1.7 billion taken from the fund to buy assets in the US, potentially its largest asset seizure ever.

For loans secured with collateral, defaulting will likely result in the pledged asset being seized by the bank.

Regulators seized control of privately owned Anbang Insurance in February after a multibillion - dollar asset buying spree raised questions about its stability.

More than any of the others, it was his arrest that reverberated across global financial markets, particularly after reports surfaced that bin Salman — the ambitious son of and newly named successor to King Salman bin Abdulaziz Al Saud — would seize some $ 300 billion in assets and repatriate that money to the Saudi economy.

«I've had clients of mine saying, «I don't know if I want to invest — not just in real estate, but in general — what if they seize my assets later?

The church, officially called the Church of Jesus Christ of Latter - day Saints, disavowed plural marriage in 1890 under pressure from the U.S. government, which had imprisoned polygamists and seized their assets.

It permits the President to regulate international commerce in all its forms, and to seize foreign assets.

Bo's campaigns against corruption also allegedly seized the assets of private entrepreneurs, in turn funneling these funds into state projects and welfare programs, effectively re-asserting state control over wealth.

District attorney Division Chief Edward Heilig said in an interview that expenditures from the asset forfeiture fund don't need legislative approval because they come from seized property.

VPG went belly - up in early April 2013, and its assets have been seized by the Treasury.

The U.S. Attorney's office says more than $ 9.6 million in assets seized in an international internet gambling takedown is being distributed to law enforcement agencies in New York and Florida as well as the federal government.

Even in some southern German states, assets worth more than 750 euros are being seized.

Uboh also alleged that the EFCC had not accounted for «offshore recoveries» and that «over half of the assets seized from suspects are not reflected in EFCC exhibit records».

Buhari in an interview with Voice of America as part of his recent visit to the United States said, «The Tribunal will has the powers to seize cash and assets of Nigerians convicted of failing to explain how they came about their humongous wealth.They will be asked to prove how they acquired the difference, otherwise, everything will be taken away and they will be prosecuted.»

In the case of asset forfeiture: Unlike the Nassau district attorney's office, and the Nassau and the Suffolk county police departments, Spota's office has declined to explain how the office dispenses money and goods seized in its caseIn the case of asset forfeiture: Unlike the Nassau district attorney's office, and the Nassau and the Suffolk county police departments, Spota's office has declined to explain how the office dispenses money and goods seized in its casein its cases.

In light of the new revelations, if no criminal prosecution is possible, the government could at least seize his UK assets, including his medal collection, and strip him of his British citizenship to spend the rest of his days in BelizIn light of the new revelations, if no criminal prosecution is possible, the government could at least seize his UK assets, including his medal collection, and strip him of his British citizenship to spend the rest of his days in Belizin Belize.

The agency has a current balance of nearly $ 15 million in seized assets.

«Under an unconstitutional government, you can just lock up someone just like that, and seize all their assets; but we live in constitutional governance and democracy, and so the law must work.

Using $ 7.5 million in criminal assets seized by the DA's office and some matching private grants, the state has launched what's dubbed the College - In - Prison Reentry Prograin criminal assets seized by the DA's office and some matching private grants, the state has launched what's dubbed the College - In - Prison Reentry PrograIn - Prison Reentry Program.

Earlier in the week, prosecutors filed papers seeking to seize millions of dollars in assets held by Silver.

Editor - in - chief of the Insight Newspaper says managers of some microfinance companies whose assets have been seized by the Bank of Ghana knew...

Germany is asking to release around # 900 million in seized assets while France wants to unlock # 4.4 billion.

Newly disclosed records show Suffolk district attorney employees have received $ 3.25 million in bonuses since 2012 — $ 550,000 more than reported previously — as county lawmakers prepare for a hearing today on a bill to tighten legislative control over how proceeds from seized criminal assets are spent.

The point here being that nearly every student is in deep debt at the end of college and has no tangible assets that can be seized.

State Attorney General Andrew Cuomo is moving to seize millions of dollars of allegedly ill - gotten assets from a series of «Medicaid mills» run by a businessman who was a dentist in the former Soviet Union, according to papers filed in Brooklyn Supreme Court.

Records show the district attorney's office has paid $ 2.7 million in bonuses to top attorneys since 2012 from a state fund of assets seized in criminal investigations.

Gawker Media founder Nick Denton filed for Chapter 11 personal bankruptcy protection in order to prevent former professional wrestler Hulk Hogan from moving to seize his assets.

Assets seized by the anti-graft agency are kept in its custody while investigations or prosecution of offenders are ongoing and become forfeited assets after the agency secures a favourable court judgAssets seized by the anti-graft agency are kept in its custody while investigations or prosecution of offenders are ongoing and become forfeited assets after the agency secures a favourable court judgassets after the agency secures a favourable court judgement.

In the wake of the Kingston Police Department's withdrawal from the Ulster Regional Gang Enforcement Narcotics Team, Sheriff Paul Van Blarcum accused County Comptroller Elliott Auerbach of meddling and needlessly prolonging discussions on the division of assets seized by the multi-agency task force.

The coast is clear for the Federal Government to seize assets of 22 politically exposed people and businessman in Dubai, following the signing of a pact...

The bonuses, which were funded from assets seized in criminal cases by the district attorney's office, did not receive legislative approval.