Sentences with phrase «to default on one's payments»

The only exception to the guarantee is if the bond issuer defaults on the payment.

Short sales are complex and lengthy transactions, but these typically require homeowners to default on payments by 60 days or more before lenders permit short selling.

For instance, what happens to a cherished family pet if a customer defaults on his payments?

They may worry you're going to charge a lot of money and then default on payments.

You want to communicate with creditors before you experience default on your payments.

It is less likely for a person to with solid credit history to default on a payment merely because of the track record the person has held in the past.

You can lose money on a bond if you sell it before the maturity date for less than you paid or if the issuer defaults on their payments.

Melfi then remained for a further period on a month - to - month basis as an over-holding tenant, and eventually defaulted on the payment of rent and utilities.

In another twist, UKEF has, following a lot of pressure from the Jubilee Debt Campaign, just published information showing that overseas countries owe the UK millions of pounds as a result of defaulting on payments for weaponry bought by the likes of Egypt's General Mubarak and Iraq's Saddam Hussein.

Signing Requirements of Lenders at Origination: There are two documents of concern to a mortgage lender: the note, which defines the borrower's payment obligations; and either a mortgage or deed of trust, depending on state law, which gives the lender the right to acquire the property through a foreclosure process if the borrower defaults on the payment obligation.

This score represents the degree of your creditworthiness; that is, how likely you are to pay your bills and not default on payments if you're granted a loan.

In my instance and county,, service is reverted back to owner if tenant defaults on payment as long as owner calls and restates service, the service bill for unpaid use follows tenant.

Thank you very much for your response our advert company information is below, we have been hired to clear up a corrosive waste acid, since job was completed they have threaten to take legal action against our firm claiming that my company did not clear up the waste properly and since then there are still in default on payment.

Some are upward of 23 percent, which is actually near the penalty APRs that apply when consumers default on their payments on nonstore credit cards.

While covered bonds are secured by a pool of assets, there is no guarantee that the cover pool will adequately or fully compensate investors in the event that an issuer defaults on its payment obligations.

If that sounds appealing, Aronson says, be aware that if one individual starts defaulting on payments you risk losing the house to the bank or being forced to sell earlier than planned.

When you pay taxes in full, you avoid the risk and expenses associated with defaulting on a payment agreement.

If the debtor defaults on payments after signing a reaffirmation agreement, the creditor will have the right to sue for a deficiency judgment.

And the chances that the Canadian government would ever default on payments are incredibly slim.

However, if the company defaults on the payment plan, you may be held personally responsible again.

Debtors default on their payments, real estate prices fall, and asset prices for bonds and stocks also fall.

I have not defaulted on my payments at all.

If you pay back the # 1,000 loan on time, and never default on your payments, it can be a good way to maintain or even improve your credit score.

Should you eventually default on your payments and the account ends up in collections, the collection agency can review the account information from the original creditor to find out where you work.

Alternatively, the Court's decision may result in the bank losing its registered security and all because a purchaser defaulted on its payments under a SPA and absconded.

In addition to all of those requirements, if the tenant - buyer defaults on a payment under the contract, the seller must provide a specific written notice of default to the tenant - buyer and allow the tenant - buyer at least 30 days to cure the default.

If the buyer defaults on the payments, the seller can repossess the property.

A home can have a number of lenders, with the first lender first in line in case of the home defaults on payment, and the second and third mortgage lenders next in line in that order.

IPIC has been paying interest on bonds worth $ 3.5 billion issued by 1MDB after the Malaysian fund defaulted on the payments.

I'd say that the owner defaulting on payments and ensuing bankruptcy putting the team in control of the banks, whose goal was to minimize costs, not win on the ice, led to not being able to replace the aging core of the team via free agency, and the years of trading the first / picking late in the first / drafting players like Fistric with their first led to them not having a young core to turn to.

Powers: Can take control of Nassau's finances if the county defaults on payment of its bonds or runs a deficit of 1 percent or if «there is a substantial likelihood and imminence of» such a deficit.

«Statistically» this year to date, «only» 30 municipal issuers have officially defaulted on $ 1.5 billion in bonds, but thousands of government authorities are in de facto default on payments, and madly scrambling for re-negotiation, or forebearance, or blind hope.

I just want to be done with the car all together simply because if my partner defaults on payment, being that we are no longer a couple, I don't want that dept coming back on me when i'm trying to move on and better myself.

Fitch Ratings and Standard & Poor's use a system of letter sliding from the best rating «AAA» to «D» for issuers already defaulting on payments.

It just means that you have gone through tough times, maybe defaulted on some payments,...

You will be defaulting on your payments intentionally to give this impression.

Some derivatives are subject to counterparty risk — the risk that a counterparty defaults on a payment due — and other risks.

If the primary cardholder defaults on payments, you will be responsible for footing the bill.

However, if the spouse uses the supplementary card, it is not uncommon for the credit card company or a collection agency to then pursue the supplementary card holder if the primary card holder defaults on the payments.

In my opinion, since you primarily pay for insurance in advance, until you actually default on the payment of premiums, it is unfair for the insurance companies to hedge their risks by what you may or may not financially do in the future.

If the person defaults on payment, the bank minimizes their risk because they have the accountholders funds in the bank account.

The FRO, through the Ministry of Community and Social Services website, maintains a public list of what it calls «missing, irresponsible parents who have defaulted on the payments owed to their kids».

Won summary judgment in favor of national real estate developer awarding it the right to develop and sell units in a development project despite the fact that the developer defaulted on its payment obligations and the seller had foreclosed on its mortgage on the property.

Jonathan's experience in dealing with general property and title issues ranges from easements, restrictive covenants and boundary disputes to possession actions and disputes regarding defaults on payments, squatter actions and other failures to provide vacant possession.

However, if this happens it is essential to ensure that in the original lease there is a clause to say that you will not be held responsible if the person to whom you assign the lease defaults on the payments.

Such a scenario can lead to a motorist defaulting on their payments for the vehicle or the lending company losing its collateral in the loan.

It's unclear if bitcoin payments would be enabled by default on these payment systems, but it's clear that accepting the digital currency becomes much easier for merchants when it's at least included as a possible option.

Banks believe they should be allowed to claim or withdraw funds if a loanee who has used cryptocurrency as collateral defaults on payments.

• Negotiate with applicants who default on payments, or create reports to submit to collector agencies when individuals are no longer capable of making loan payments on time.