Sentences with phrase «sold to pay»

Foreclosure: a legal process in which mortgaged property is sold to pay the loan of the defaulting borrower.
Its purpose is to stop the family home, or homestead, from being sold to pay off debts incurred by the land owner.
At the same time, you should be collecting a paycheck approximately once a week as your investments are sold to both pay you and invest in the next project.
It's not just residential real estate that will end up being sold to pay the bills and help the beneficiaries.
That keeps the building in the owner's possession so it doesn't have to be sold to pay for that liability claim.
Another regular occurrence is an elderly person's home being sold to pay for care home fees but the fees aren't being paid.
In very rare circumstances, if you have significant equity in any assets, like a house you own (free and clear from any liens) your assets may be taken and sold to pay your creditors.
Levying IHT on homes can also help; often a home is sold to pay IHT or to make it easy to divide an inheritance amongst children.
While, non-exempt assets are not protected assets under bankruptcy law and can be sold to pay down your debt, careful bankruptcy planning with an experienced Massachusetts bankruptcy lawyer can usually result in all of your assets being exempt.
Income must be invested in new assets and existing assets must be sold to pay off claims.
Some corporate assets or divisions may then be sold to pay down the debt.
You'll use state and federal exemptions to protect most, if not all, of your property and the remainder will be sold to pay creditors.
Further, the net annual distributions per unit may decrease over time because a portion of the securities included in the portfolio will be sold to pay for organization costs, deferred sales charges, the creation and development fee and other regular fees and expenses during the life of the portfolio.
In most cases, many of the assets held by the person declaring bankruptcy will be taken by the trustee and sold to pay off creditors, but there are some assets that are protected when filing for bankruptcy.
Valuable vehicles that are paid off may be seized and sold to pay creditors.
It costs creditors money in court fees and they are unlikely to get the debt paid back to them unless you have assets that can be sold to pay the debts.
If he has no money set aside, then other assets may have to be sold to pay taxes.
Under Chapter 7, some of your non-exempt assets may be sold to pay off your debts, while other property is protected (exempt) and can't be sold (what property is exempt versus non-exempt depends on both state and federal law).
Other than protecting any exempt assets, your non-exempt assets may be sold to pay off the debt.
The basic idea with a Chapter 7 bankruptcy is that your assets are sold to pay your creditors.
If you die, for instance, your home will typically be sold to pay back your reverse mortgage.
Can you imagine owing a dentist bill for $ 300 and having your wedding ring seized and sold to pay for the debt?
The firm told me that my property could be taken by the bankruptcy court and sold to pay off some of my debts.
If you failed to make your loan payments, workmen hired by the lender would show up and cart off your furniture to be sold to pay your debt.
Under Bankruptcy Law, your non-exempt property may be sold to pay some of your debts, however, only a small percentage of cases have property sold.
If that happens, the court is likely to convert their bankruptcy action to a Chapter 7 case, in which their property could be sold to pay creditors.
These nonexempt property will be sold to pay off debt.
They want to see the family cabin remain in use for generations to come rather than be sold to pay off those cumbersome death taxes.
Your assets can be seized and sold to pay off debt, however you may get to keep things like your personal belongings, your car, and your clothes.
Most of them will be sold to pay creditors.
When a person is declared bankrupt, nearly all of their assets are placed with a bankruptcy trustee and then sold to pay the person's debts.
If you have too much equity, the house may need to be sold to pay off debt.
It requires a debtor to give up property which exceeds certain limits called «exemptions,» so the property can be sold to pay creditors.
Under that section of the law, a debtor's assets are sold to pay creditors.
The board earlier last week approved selling a $ 1.1 million bond issue to refinance part of the $ 7.6 million in bonds sold to pay for Park Place.
Bonds worth $ 200,000 will be sold to pay for previous and future capital improvements at Park Place.
Again a panic over reaction to fan anger over the Sanchez debacle similar to the panic buys for Wellbeck and Perez who are both certified flops and who along with the Giroud 18m sale will be sold to pay off the Auba purchase.
After a 25 years (or so), some can be sold to pay off the borrowing, and the rest will be «free».
I ended up packing up everything my family owned (that we hadn't already sold to pay bills) into a moving van and moved home.
selling to pay off the stadium?
I'm lucky enough that my field is «easy» to sell, because I can imagine pursuing a PhD in Art History will be harder to sell to a paying customer.
Two of the three Soyuz seats will be sold to paying passengers, with the third reserved for a professional cosmonaut who will act as spaceship captain and tour guide.
Antiviral focuses on a young technician named Syd March (played by Caleb Landry Jones) at one of the major clinics that exclusively licenses, and obtains, diseases from celebrities, puts a «copy protection» on them, and sells them to any paying individual.
Moonie's mother (Bria Vinaite) is an ex-stripper who sells herself to pay the rent on their room at the ironically named Magic Castle Motel, run by put - upon manager named Bobby (Willem Dafoe, in a performance that deserves major award attention).
In fact, he ended up selling it to pay his legal fees.
But how do you go about creating that training so you can sell it to paying customers?
I had to sell it to pay for the repairs!
Has a 4 inch lift, bed liner, new hitch.Need to sell to pay for college.5.7.5 9.3.7 8.5.3.1 text or call is good
only selling to pay bills.
selling it to pay off my...
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