Sentences with phrase «to cover the debt»
"To cover the debt" means to pay off or repay the money that is owed to someone or an entity. Full definition
At that coupon, net operating income easily covers debt service for most loans and property types.
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Quite a few have even found themselves filing for bankruptcy because they could not cover the debts of their deceased parents.
Also, lenders want to be sure that the value of the equity of the company will be able to cover its debts in case of liquidation.
Should something happen to them, life insurance proceeds can cover the debt of unpaid student loans.
Term life insurance policies are also good for covering debt obligations that are for a set amount of time.
Now they might get $ 70,000, which would barely cover their debts.
A life insurance policy can also help cover any debts you might leave behind.
It shows how much of your gross monthly income is needed to cover all your debt obligations.
Even if your children are no longer living in your home, think of covering debts such as a mortgage.
The cash value component is useful in covering debts so the majority of your assets go to beneficiaries.
The key to having automation work is ensuring that you have enough money in your account to cover your debts on your due dates.
For one thing, a personal bankruptcy may only cover the debts for which you're personally liable.
Lenders, rating agencies and bond buyers worry that a sale or refinance may not cover the debt if a property fails to perform.
You must make a deposit on this score to make sure that there is enough to cover your debt when overdue payments are released.
The only good thing is that it may just cover your debts.
This law sets out specific standards covering debt collection and verification, and individuals treated poorly by collection agencies may be able to sue.
Life insurance is commonly used in financial planning to help families cover debts once a loved one has passed away.
Making small charges to your cards ensures that when they time comes you can easily cover the debt.
Most often this coverage is used to cover debts while providing families with the financial security needed in the event of loss.
The only way you'd be at risk of losing your home to cover debt repayment is if you file for Chapter 7 bankruptcy.
Basically, your property can be sold if you're unable to repay the loan to cover the debts owed.
When you place a deposit on the card, it is considered as a limit, which must not be surpassed so that it can cover your debt during emergencies.
Life insurance is commonly used in financial planning to help families cover debts once a loved one has passed away.
Term life is the the right kind of life insurance for most people, and it's kind of policy you'll want to buy to cover a debt like student loans.
I'll cover the debt settlement process, how it differs from other debt relief programs, risks, alternatives, and how to avoid scams.
If you still have student loan debt weighing you down, it would be wise to have a small term life insurance policy in place to cover your debts upon your death.
The right insurance policy gives you much - needed peace of mind by covering your debts and liabilities.
The payout can also cover any debts you may have to keep them from impacting your family or business.
Canadian household debt hit another record high in the second quarter as demand for loans grew, and past data covering debt were revised sharply higher.
According to experts, you must not spend beyond 60 % limit set to ensure that the amount deposited actually covers the debt.
As long as you stay within this card's limit of 60 % this deposit will cover your debt immediately overdue payments are released.
The back - end ratio is used to calculate the percentage of gross monthly income that will go towards covering all debt payments.
If it's possible to clear debt yourself, you could also have the ability to save the money which you will cover the debt consolidation company.
It replaced a fixed percentage of pay that began too low to cover the debt interest and slowly grew with the payroll.
Borrowers must have adequate cash flow to cover debt levels and acceptable credit history.
Chapter 7 bankruptcy bankruptcy is designed to help people without the income to cover debt resulting from credit cards, personal loans, medical bills and payday loans.
On the other hand, if you are taking out coverage to cover any debts then you want it to last for as long as you predict you will still owe for.
The businessman who has a floating debt with the bank needs a life insurance policy to cover that debt balance.
The 120 debt cover is the amount that the net operating income has to cover the debt service payment.
But having to cover debt payments on a limited income left her little money for much else — even things she and her son needed, like food.
This kind of splitting works best if you are buying life insurance to cover debts such as home loans.
The cash value component is useful in covering debts so the majority of your assets go to beneficiaries.
Secured credit cards ensure that you never exceed a set limit on the deposit amount made to cover any debt if the customer misses a deadline.
You might also be interested in a secured credit card designed to cover your debt when unpaid payments are generated.
Now they might get $ 70,000, which would barely cover their debts.
Most often this coverage is used to cover debts while providing families with the financial security needed in the event of loss.
For these traditional sources of project financing project risks are increasingly well understood and, provided there is enough project revenue to cover debt repayment, this money is readily available.