Sentences with phrase «settle debt obligations»

The borrowed funds are often used to pay off other heirs when dividing ownership or to settle debt obligations of the estate or trust.

Not exact matches

Back in 2010 it paid $ 550 million to settle charges brought by the Securities and Exchange Commission that it mislead investors into buying a so - called synthetic collateralized debt obligation named Abacus, which was made up of a bundle of financial instruments tied to subprime mortgage bonds, many of which plummeted in value shortly after the deal was sold.
Meanwhile, in Detroit, the city initially classified its general obligation bonds as unsecured debt before settling with creditors for less than 100 cents on the dollar.
«As part of the new Regulations, an official joint announcement will be released during the upcoming PBOC press conference making it clear that neither the People's Bank of China nor the Hong Kong Monetary Authority recognises Bitcoin or any other virtual currency as legal tender, thus, making its use as an official currency to settle debts and financial obligations illegal.
In June 2011, JPMC paid a penalty to the SEC of $ 153.6 million to settle charges that it failed to disclose material information to investors in collateralized debt obligations.
To avoid all unpleasant circumstances of old debts haunting you, it is always better to settle your past - due obligations.
Trust Administration: The management of a trust or estate including the payment of expenses, debts and obligations, and the general settling of the trust or estate.
Did anyone else get a bill for options to pay the loan interest from SUNRx for 835.27 to settle the account on your debt obligations.
The letter should also confirm that the debt has been settled, that way you can send it to any credit repositories that may not be reporting the obligation as settled.
The idea of creating an estate plan is to settle financial obligations and provide for your survivors after your passing by ensuring your belongings, debts, assets and anything else you leave behind doesn't become a financial burden to your family.
It is really hard to face loans and debts just to settle the financial obligations of the accident.
you said «some underwriters insist that you settle all your debt obligations before they approve you» is this for real?
You're going to have trouble with a 644 score anyway, some underwriters insist that you settle all your debt obligations before they approve you.
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