An individual's value to his creditors at time of filing a consumer proposal comprises his assets valued at liquidation (auction) pricing (that may be a garage sale for your furniture and household goods, the wholesale cash buyer for your car, or the pawnbroker for your jewellery) after deducting exemption in prescribed, legislated amount (s) for car, household goods, clothing, tools of the trade, medical aids, home, life insurance, pensions, RRSP, etc., which amounts to little or nothing for the large majority of us, less
than our debt in any case.
Not exact matches
• Braavo Capital, a New York - based integrated financing platform for mobile app businesses, raised more
than $ 70 million
in debt and equity.
While the high level of existing
debt means rate hikes will have a stronger impact
in cooling demand
than they did
in previous years, it is still too soon to know just how much of an effect the bank's three rate hikes have had, Poloz said.
However, while overall
debt levels increased sharply last year, it was actually slower
than the increase recorded
in nominal GDP, seeing the global
debt - to - GDP ratio fall to 318 %.
Congress must act by Sept. 29
in order to raise the
debt ceiling, a more contentious vote
than the one for Harvey aid.
The company has been buckling under more
than $ 20 billion
in debt, up from $ 8 billion before the PE firms got their hands on it.
• Even though Canadians have a lot of mortgage
debt, national mortgage -
in - arrears numbers remain very low, at less
than half of one per cent.
Household
debt as a percentage of disposable income was was 163.3 %
in the first quarter, Statistics Canada reported last week — only marginally lower
than the record 163.9 % ratio the agency calculated for the fourth quarter.
The bonds of iHeartMedia have long been
in the basket of «distressed
debt,» meaning their prices have fallen so far to where their yields are at least 10 percentage points higher
than equivalent Treasury yields.
A little over five years ago, Joel Young found himself
in a situation many American families are facing: He was deeply
in debt with a less
than stable job and young children to provide for.
(This kind of credit is not included
in IIROC's calculation, so the
debt underpinning our stock market may be considerably larger
than we know.)
The agreement we announced today is a significant accomplishment, as it allows us to definitively address the more
than $ 20 billion
in debt that has burdened our capital structure.
It held more
than $ 11 billion
in long - term
debt on its balance sheet by the end of 2017.
The recent fiscal legislation caused negative, structural changes on both the spending and revenue fronts — making the task of keeping the
debt in check much harder
than it would have been even a year ago.
Student - loan
debt is a ticking time bomb for our economy: It's higher
than ever before, and it may be preventing some of the best and brightest young graduates from making their mark
in the world of entrepreneurship.
I'm not interested
in raising equity; remember, equity is more expensive
than debt, and can be very expensive
in the long run.
Of the nine winners who did report challenges building their startups because of student - loan
debt, only three left school owing more
than $ 35,000, the average amount for class of 2015 graduates (the highest
in U.S. history), according to a report by financial aid resource Edvisors.com.
Less
than two years later however, AirAsia had turned itself around, having repaid its
debt — even with the challenging travel environment it was
in at the time.
In a decade, federal
debt will reach an overwhelming $ 33 trillion, the equivalent of 113 % of GDP — and $ 6 trillion higher
than the CBO had forecast before the Trump agenda passed.
• More
than half (58 per cent) of Canadians pay their credit card balance
in full each month, avoiding credit card
debt and interest payments altogether.
The more complex
debt market has worked wonders
in the past few years allowing somewhat riskier companies like Valeant amass more
debt, at lower rates,
than they would have been able to past.
A story about putting it all on the line is sexier
than a story about a startup founder that worked on his or her idea
in the evenings after their 9 - to - 5 job and bootstrapped along without going into
debt.
Thomson Reuters would receive more
than US$ 17bn for the deal, including about US$ 4bn
in cash from Blackstone and about US$ 13bn financed by new
debt taken on by the new F&R partnership, two of the sources said.
(More
than a dozen countries have
debt - to - GDP ratios
in excess of 100 %.)
«When I graduated from Georgetown
in 2012, I walked away with more
than just a Master's degree — I also had about $ 20,000
in student loans and another $ 5,000
in credit card
debt.
Beijing and the World Bank officially claim China's government
debt remains very manageable, at less
than 20 % of GDP — far below levels
in the industrial world — but the truth is, local governments are piling on new
debt at a staggering pace.
The troubled drugmaker filed its 2015 financial report
in late April, allaying concerns about a possible default on its
debt of more
than $ 30 billion.
As everyone following the race now knows, I owe the IRS over $ 50,000
in deferred tax payments (I am currently on a repayment plan) and hold more
than $ 170,000
in credit card and student loan
debt.
Even though the Massachusetts filers owed substantially more
in unsecured
debt (that is,
debt not backed by a home, a car, or another asset)
than their counterparts
in other states, they reported less
than half as much medical
debt, which is also unsecured.
Greece's
debt amounted to more
than 300 billion euros (nearly $ 330 billion), representing roughly 180 percent of its gross domestic product
in 2015.
«We note Valeant has more
than $ 30 billion
in total
debt and approximately $ 3.8 billion due
in 2018 - so the proceeds announced today would cover some but not all of what is due by year end 2018... Valeant has not indicated
in its press releases if these deals are dilutive to EPS.
For a retailer with scant discounting and zero
debt, Nasty Gal has racked up some seriously drool - worthy numbers: international sales of $ 128 million
in 2012, four times higher
than the year before; 535,000 Facebook fans; 420,000 Instagram subscribers; 68,000 Twitter followers; and more
than 2 million monthly unique visitors to the website
in September 2012.
Tapping into tax credit allocations through the New Market Tax Credits scheme, which offers investors tax credits for investing
in CDFIs, generated more
than $ 65 million
in leveraged
debt from TCE and Capital Impact and $ 60 million of tax credit equity from JP Morgan and US Bank.
Today, with revenue of more
than $ 4 million, he has roughly $ 500,000
in debt, which is manageable through his monthly cash flow.
Pioneer has also pledged to retain more of its free cash flow, rather
than spending it all and then some on capital expenditures and incurring
debt that could sap future profits, as has been common
in the industry.
Meanwhile, student
debt has reached $ 1.2 trillion, growing seven times faster
than this country's mortgage
debt in just the past 10 years.
FCA still lags many of its global rivals
in profitability, and it has more
debt than most.
Vulnerabilities linked to greater imbalances
in regional housing markets and the continued rise of household
debt were higher
than they were six months ago, the bank said
in its latest financial system review.
The average U.S. household carries more
than $ 6,000
in credit card
debt.
American Apparel, struggling with $ 91.4 million
in debt, is a relatively small operation to support more
than 280 stores
in 20 countries.
By 2011, she had more
than $ 65,000
in unsecured
debts alone.
Just this week, shares of
debt - laden and intermittently - profitable carmaker Tesla, which delivered just 76,230 vehicles
in 2016, managed to become more valuable
than GM for a few moments
in the eyes of the market.
«International research has found that highly indebted households cut back their spending to a greater degree
in response to declining house prices
than those with lower
debt levels,» he said
in a letter to the House finance committee this month.
But those who deal
in debt have their own lingo, their own humour — and Cooper understands that Benjamin Franklin quotation better
than most.
It is the latest
in a series of setbacks for 1MDB, which has been offloading assets to cut a
debt load that ballooned to more
than $ 11 billion by 2015.
The fund is undergoing a «rationalization» program, launched
in May, to reduce its
debt of more
than $ 11 billion by selling assets.
And if interest rates go up, the government would have to pay much more to finance the more
than $ 14 trillion
in Treasury
debt held by investors.
Japan has already lost its AAA status, and Fitch Ratings recently warned it might downgrade the country's sovereign
debt if it issued more
than the planned ¥ 44 trillion
in bonds next year.
In fact, 42 percent of women have more than $ 30,000 in college debt, compared with 27 percent of me
In fact, 42 percent of women have more
than $ 30,000
in college debt, compared with 27 percent of me
in college
debt, compared with 27 percent of men.
The Medicis deal, financed through
debt, has bumped the company's
debt level to more
than $ 7 billion, or a 4.2
debt ratio, forcing Moody's to put Valeant's
debt — already
in junk bond territory — under review for a downgrade.