Sentences with phrase «small portion of the debt»

Usually your creditors will only get a small portion of their debt paid back this way.

I think the big take - away lesson there is to avoid balloon payment schemes: it's much easier to roll small portions of your debt, even if you have to suffer high interest rate spreads, when conditions are tight.

In order to be confirmed by the court, the debtor must prove sufficient income to support a 3 - 5 year plan wherein payments on secured debt such as mortgages and auto loans (including arrears) and non-dischargeable items continue and unsecured creditors typically get paid a small portion of their debts.

Not exact matches

There are many other ways of allocating a significant portion of the debt - servicing cost to unwilling agents in the economic equivalent of debt forgiveness: to creditors when debt is repudiated, to workers when wages are suppressed in order to increase net revenues for debt servicing, to small business owners when assets are expropriated to pay down debt, and so on.

Which is why an SBA loan is a preferred business loan from a bank where the Small Business Administration guarantees a portion of the debt should the borrower default.

Private variable - rate loans constitute a small portion of overall student loan debt, while most student loans are part of federal programs that guarantee a permanent fixed rate.

Their father, the bumbling Mace Tyrell, serves on the king's Small Council and was most recently sent to Braavos to negotiate friendlier terms with the Iron Bank, which has called in a portion of the Crown's debts.

She got one totalling $ 200,000, using some of it to pay off her debts and a small portion to start up an active consulting business that gave her the flexibility she craved.

Under Chapter 13, an individual repays at least a small portion of his or her debt over a period of time, usually between three to five years.

Many big and small companies opt to pay a portion of the debt over a set number of years.

The result would be a credit card diet program that both pays down a credit card debt while also allowing a small portion of the paid down amount to be respent.

If you're only using a small portion of what the card companies have judged you to be capable of paying off, then small changes in your personal finances or incremental debt may not put you at much more risk.

Like endowment and ULIP plan, in child insurance plan a part of the premium paid goes towards paying the life coverage and the rest amount in invested in various investment instruments like equity, debt, etc. however, the portion deducted towards investment is very small, as the insurer deducts the premium allocation charge beforehand.

By incurring debt on an investment, the investor is using only a small portion of the equity investment to finance rental property loans, with the majority of the capital being provided by the lender.

The CMO structuring activity results in some portion of the mortgage cash flows being sold off and a smaller amount needing to be financed by Freddie Mac with debt securities.

Even the smallest tax refund can help pay a portion of outstanding debt, like a mortgage, car payment, credit card balance or student loan, giving your principal power over high interest.