Sentences with phrase «seize your assets when»

Not exact matches

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.

But when someone can't pay a credit card bill, there are no assets to seize.

When did the Pope call for nationalization of the assets of corporations, or seizing the assets of the wealthy?

When she gets out of prison four months later, her assets have been seized by the government.

Note that when the IRS doesn't get paid, they seize assets from your accounts and garnish your wages, and charge hefty fees for the privilege.

When a borrower has a defaulted federal student loan (a loan that is more than 270 days past due), the government can seize certain income and assets from the borrower without a court order.

Should prices start to fall and a borrower defaults, the MIC may not recoup all of its money when it seizes and sells the asset.

When you file for bankruptcy, your trustee is required to seize your assets and distribute them to your creditors.

It doesn't mean the the CRA will seize your home or property, but it does mean they have secured payment against the value of your asset when you do sell.

With a judgment from a legal court of jurisdiction, a creditor can attach liens, seize some assets, and garnish wages when it is legal to do so.

When you file for chapter 7 bankruptcy, the court seizes some of your assets in order to sell it and pay back your debts.

Yukos was subject to substantial tax increases as a result of Russian tax revisions and when the company was unable to pay the incremental taxes, it was declared bankrupt in 2006 and its assets were seized and sold off.

Law enforcement officers usually don't have much to gain from lying (although this equation changes a law when police department can receive assets seized in civil forfeitures that they are involved in) and usually they want people who are «bad guys» to be in jail to protect «good guys» although they aren't always very concerned about the means by which they achieve these ends.

When you fail to pay the taxes within the time required, the government can then foreclose the account, seize assets, establish a lien, or otherwise place legal burdens on your assets or accounts.

When used properly, bitcoin is a digital bearer asset that can not be moved or seized by anyone without the private key attached to a specific bitcoin address.

The most interesting scenario is one from recent Moscow Court ruling, when court declared that creditors can't seize crypto assets of a borrower to recollect their dues.

Prior to this year, the last time the agency auctioned its seized BTC assets was back in August 2016 when 2700 BTC coins were reportedly sold off with an estimated price of $ 1.6 million, as per the market price then.

When support payments are at issue, a court can order wage garnishments (if they have not already been in place) or other actions to seize assets of the payer.

When an absent parent needs to pay missed child support payments, courts can seize assets to help make these payments or garnish paychecks.