Sentences with phrase «specific debts which»

Although Chapter 7 bankruptcy discharges most types of unsecured debts, there are specific debts which can not be discharged with Chapter 7 bankruptcy.

Not exact matches

The relationship between monetary policy and financial stability may depend on the specific economic conditions in which we find ourselves.6 Moreover, the processes resulting in financial cycles, with periods of unsustainable debt buildup, occasional crises and periods of deleveraging, are not well captured by standard models.7 We have more work to do before we can be fully confident about our conclusions.
Second, the tax bill may do away with 2 specific types of municipal bond issues: tax - exempt advance refundings, which are tax - exempt bonds issued to refinance existing municipal debt, and private activity bonds, which are issued by non-government borrowers such as hospitals, airports, and private universities.
In particular, $ 3.8 trillion worth of trust products, which local governments and property developers riddled with debt, used to raise money from the Chinese public have been stymied, with two specific types of trust products having reportedly had to delay payments as liquidity has dried up.
The specific option you choose depends on your particular situation, such as the type of debt with which you are dealing, your credit, your budget and your financial goals in general.
«We show that even if deforestation had completely halted in 2010, time lags ensured there would still be a carbon emissions debt equivalent to five to ten years of global deforestation and an extinction debt of more than 140 bird, mammal, and amphibian forest - specific species, which, if paid, would increase the number of 20th century extinctions in these groups by 120 percent,» says Isabel Rosa (@isamdr86) of the Imperial College of London.
Which specific schools in the U.S. were saddling student loan borrowers with the most and least student debt?
Instead of «loan life insurance,» why not consider a general life insurance policy, which can provide your family a means to handle any of your remaining debts and expenses when you pass; rather than being applied to only one specific loan, general life insurance can be used for any expenses your family needs.
If you're willing to work in a specific area for two years or more after you graduate, these programs will repay some of your student debt, which helps you choose how to pay for medical school.
There doesn't seem to be any specific formula to determine which debts get eliminated.
Get a free, no obligation quote from a certified debt counselor and see which debt relief option is best for your specific situation.
This essentially places cash payments from multiple mortgages or other debt obligations into a single pool from which specific securities draw in a specific sequence of priority.
The myth about taxes not being dischargeable in bankruptcy likely derives from the U.S. Bankruptcy Code, in which only certain tax debt for specific periods are dischargeable and only in certain situations.
Unsecured debts are also available from creditors, but unlike Secured Debt, unsecured debt does not have collateral or a specific asset which can be liquidated to repay the loan to the crediDebt, unsecured debt does not have collateral or a specific asset which can be liquidated to repay the loan to the credidebt does not have collateral or a specific asset which can be liquidated to repay the loan to the creditor.
Usually, a covenant will be a «financial covenant» which specifies that, for example, the issuer will maintain an interest coverage ratio over a certain level or a leverage ratio (debt / equity) under a specific level.
You have specific legal rights which many of your creditors refuse to tell you regarding your personal debt.
A form of encumbrance which usually makes specific property security for the payment of a debt or discharge of an obligation, e.g., mortgages, judgments, taxes, deed of trust, etc..
Which instrument to use depends on your specific situation, debt type and size, credit score, and a number of additional factors.
The opposite of secured debt / loan is unsecured debt, which is not connected to any specific piece of property and instead the creditor may only satisfy the debt against the borrower rather than the borrower's collateral and the borrower.
Unlike credit card debt, an installment loan has a specific term and requires you to pay back interest and principal in every payment, which means you have a set deadline for paying it off and getting out of debt.
The minimum credit score can vary depending on your specific financial situation, your debt - to - income ratio, and which mortgage you choose.
The experience of initially finding out you are bankrupt can be traumatic enough for anyone, but understanding the bankruptcy process can be just as traumatic, especially if you do not understand how to do specific simple things like know exactly which debts to list in filing.
Under these circumstances, the downgrade process usually starts with debt being placed on negative credit watch, which may require portfolio managers to sell positions, depending on fund - specific covenants.
Some people really use their cards for a specific thing just for travel and again, if you kind of know the limits and the parameters in which you can work, which you can effectively pay your bills without having lingering debt, there's nothing worse than seeing those bills from this year roll over into next year.
Considering the Republicans» refusal to provide a rational plan to Americans on how they will achieve the conflicting promises that they outlined in their Pledge to America, which denounces deficits but calls for tax cuts and adds $ 3.7 trillion to the national debt without specific spending cuts or financing, the dog metaphor seems appropriate.
The French Republic observes that specific procedures, which do not give creditors any guarantee that they will recover all of their claims, are applicable to [EICCs]-LSB-...] the primary objective of which was to regulate situations in which public entities, although solvent, refused to honour certain debts, established a scheme of enforcement remedies, which give the governing body the power to substitute itself for the executive of a publicly - owned establishment so as to release the «necessary credits» — and not State resources — in that establishment's budget, with a view to satisfying potential creditors.
(at 129) He elaborates on the objectives of the OMT programme as monetary policy measures, which trigger the transmission mechanism and have an impact on interest rates on government bonds of specific countries, and states that all these objectives were, with regard to the deterioration of the sovereign debt market for several states in summer 2012 legitimate.
Section 281 (5) provides as follows: «Discharge does not, except to such extent and on such conditions as the court may direct, release the bankrupt from any bankruptcy debt which --(a) consists in a liability to pay damages [of specific types]... in respect of personal injuries to any person; or (b) arises under any order made in family proceedings or under a maintenance calculation made under the Child Support Act 1991.»
In a contested divorce, there are key issues which can not be resolved between the couple, such as alimony, child support, custody, or visitation, property division, the allocation of debts, and other issues pertaining to the specific couple.
Hybrid funds allow investors to invest in both debt and equity funds, which must be balanced after specific time period.
It differs from legal liability which is the obligation on an individual to pay their debts, or comply with specific instructions from a legal authority.
Income received by miners for other activities, such as for the provision of services in connection with the verification of specific transactions for which specific charges are made, will be exempt from VAT under Article 135 (1)(d) of the EU VAT Directive as falling within the definition of «transactions, including negotiation, concerning deposit and current accounts, payments, transfers, debts, cheques and other negotiable instruments.»
A form of encumbrance which usually makes specific property security for the payment of a debt or discharge of an obligation, e.g., mortgages, judgments, taxes, deed of trust, etc..
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