Sentences with phrase «to be in default»

The consequences of being in default on your student loans are many and varied.
Your federal student loan is in default if you don't make your monthly payments for 270 days.
My question is can my husband be fired for being in default of this particular card?
Those graduates who are in default on their student loans might find relief through the federal government's Direct Consolidation Loans program.
You also can not be in default on any of your loans.
As to the question about her husband being fired for being in default for that particular card, an employer can not discriminate against you for filing bankruptcy.
According to their findings, in 1995, 2 % of mortgages were in default.
Rewards are not available when a cardholder is in default under the card agreement.
Private student loans, on the other hand, are deemed to be in default as soon as you miss a payment.
Get answers to your concerns before you fall behind, and join the 4.2 million borrowers who were in default at the end of 2016.
The debt settlement company might choose not to pay an existing debt until the account is in default for no - payment.
If you had the money, you wouldn't be in default in the first place.
Usually, your loan will be considered to be in default status after 270 days of not making any payments.
Under the old procedures, people could be listed as being in default after only 14 days of receiving a letter of demand.
It should be crystal clear that lenders have three separate departments that handle borrowers who are in default with their loan.
And, nearly 40 percent of federal student loan borrowers age 65 and older were in default.
If the tenant is in default at closing, they are still in default after closing.
If a building has too many empty units or more than 15 percent of homeowners are in default, financing may be denied, he said.
The condominium corporation did not register a lien for the common expense payments that were in default until late in the year 2012.
The point when a loan is considered to be in default varies depending on the type of loan you received.
In general, car loans are considered to be in default anytime between 1 and 30 days after the last payment is made.
Both parties have made promises, and if one party doesn't fulfill its promises, the agreement is in default.
Home owners may already be in default on a mortgage or may recognize that they will not be able to continue to make payments much longer.
Some — although by no means all — short sellers may also be in default on their mortgage loans and be headed for foreclosure.
The family is in default on their mortgage and we want to do a short sale to obtain their property.
A loan can be delinquent without being in default.
You may not be allowed to consolidate student loans that are in default except there are satisfactory repayment arrangements in place.
4 out of 9 different deals we have invested are in default.
Best chance for him to contend for a title will be in a default situation or as a late replacement.
The country insists that it will no longer make any contributions until member countries who are in default meet their obligations.
How long would the government have to be in default before social security payments are delayed.
In the review, the authors propose that thoughts flow freely when the mind is in its default state — mind - wandering.
Lenders may be reluctant to refinance a loan if it's been in default for some time and your primary borrower's credit was poor to begin with.
In addition to this, the data showed that most people who were in default carried a loan balance of $ 5,000 or less.
The student loan could actually be reported as being in default showing multiple late payments.
My student loan was in default resulting in an offset on my tax refund.
I've never had to follow through on the threat of the motion in writing where the other side was in default on the affidavit of documents and productions.
The mortgages were in default almost from the beginning.
The mortgage on the building is in default and for sale, with the purchaser likely to take control of the troubled property.
Your mortgage servicer is considered a debt collector only if your loan was in default when the servicer acquired it.
Your Card account must not be in default at the time of offer fulfillment.
Over 11 % of student loan borrowers are in default, and many more struggle to make payments every month.
A lower value meant that fewer accounts were in default or delinquency and was taken as an indicator of successful student loan repayment in the area.
Do you realize that only a small percentage of American mortgages are in default?
However, there is a time lapse lenders and the federal government will allow before the loan is officially considered to be in default status.
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