Sentences with phrase «to restructure one's debt»

The island, which is a US territory, filed for bankruptcy - like protection earlier this summer, and is in the process of restructuring its debt.

A Company Voluntary Agreement (CVA) provides a company (Debtor) experiencing financial difficulties with a quick and flexible way of essentially restructuring its debts with unsecured creditors with a view to continuing its business.

To compound this problem, mall owners are now starting to mail in the keys to financially troubled malls: More mall landlords are choosing to walk away from struggling properties, leaving creditors in the lurch and posing a threat to the values of nearby real estate... [as] some of the largest U.S. landlords are calculating it is more advantageous to hand over ownership to lenders than to attempt to restructure debts on properties with darkening outlooks (LINK).

Exercise your rights by restructuring your debts through bankruptcy and avoiding the costly, stressful experience of garnishment.

Both debt consolidation and Chapter 13 bankruptcy are useful for restructuring debt in order to come to more manageable arrangements to repay your creditors.

Complicating the commonwealth's road to recovery is the fact that U.S. territories have no mechanism for restructuring debt.

By contrast, Chapter 13 bankruptcy restructures your debt into a manageable form which you will need to work to repay, over three to five years in most cases.

Usually when people use a consumer proposal it is to assist them with restructuring their debts into a manageable payment.

A Germantown Business Bankruptcy can be a great option if your business is unable to meet its financial obligations and is looking to either restructure debt obligations or liquidate assets.

AMSTERDAM / CAPE TOWN April 20 - South African retailer Steinhoff remains in a «tough position» and is talking to creditors about restructuring debt, the company said on Friday, as directors faced shareholders for the first time since an accounting scandal.

The trick to qualifying for a loan at this juncture is being able to demonstrate to a lender that your sales and your market potential are strong, and that by restructuring debt, you'll achieve quantifiable monthly savings and you'll be able to reestablish cash flow on a solid footing (in other words, comfortably pay the loan back).

Troy Hayden will step down from the helm of Tap Oil as the company swings the axe on jobs and operations so it can meet its now - restructured debt repayment obligations.

Advantage of 401k loan is it does not hit your debt to income ratios while restructuring your debt with out 401k loans does «hit,» your ratios.

When restructuring debt, your credit score will likely increase after a month or two.

Division of Net Family Property includes restructuring debt, minimizing taxes and balancing liquidity between couples.

While many companies have been able to file for Chapter 11 and successfully restructure their debts and remain in business, others have not.

It is important to work with skilled experts to give yourself the best chance at restructuring your debt to a level you can afford under conditions you can fulfill over a reasonable period of time, not to exceed five (5) years.

S&P said in March a rupiah exchange rate of 15,000 a dollar is «the psychological level» at which companies with weak balance - sheets could struggle with repayments and those with good cashflow might start to proactively restructure their debt.

In some cases, these retailers were able to come to an agreement with their creditors and restructure their debts without going through bankruptcy court, as the threat of bankruptcy motivates the creditors to negotiate.

Liew noted risks to China's bond market, such as a lack of liquidity, a lack of a variety of hedging instruments and concerns over the legal framework, such as when a company restructures its debt.

Fresh loans and restructured debts postponed the Greek dilemma but the durability of the Euro currency is in question.

The deal had to be partially unwound and Schaeffler has been restructuring its debt ever since.

This is where the insolvent debtor restructures the debts it owes to creditors, according to a rehabilitation plan, while the company continues its operations.

Lower debt costs are helping Dubai restructure its debt in an orderly fashion, he says.

A report on Puerto Rico's financial problems by former International Monetary Fund economists, published by the territory's Government Development Bank on June 29, suggested the U.S. territory reform its labor markets and other areas to improve competitiveness and potentially restructure its debts.

Republicans suggest restructuring debt, increasing the estimate of sales taxes expected to be collected next year and adopting cost - saving measures proposed by the county's financial control board, the Nassau Interim Finance Authority.

The «large sum money» was from online p2p lending restructuring their debt.

He said Smith was instrumental in helping the university restructure its debt, saving millions with lower interest rates that can now be used to help refurbish the campus.

Carefully restructured debts can often be a cheaper and less stressful option for managing debts than declaring bankruptcy, which can hurt your credit score and significantly reduce your chances of getting any credit in the future.

As a reminder, Primus Telecom emerged from Chapter 11 on July 1, 2009 after restructuring its debt down to $ 255 mm from $ 316 mm pre-bankruptcy.

A chapter 13 case involves restructuring your debt based on what you can afford to pay.

Hoyes, Michalos & Associates Inc. is one of Canada's largest personal insolvency firms, focused solely on helping individuals restructure their debt through personal bankruptcy or a consumer proposal.

It actually means completely restructuring debts to ensure a more manageable repayment schedule is adopted.

As this large legion of insolvent debtors continue to age, those that don't restructure their debts before retirement will find it increasingly difficult to maintain their debt payments after they retire.

On the other hand, some people only need a chance to restructure the debts so that their business can take a significant leap forward in terms of growth and profitability.

On the other hand, INM presented a v binary outcome... I chose defeat, but they managed to snatch victory in the end — raising EUR 40 million of cash, and substantially restructuring their debt & pension liabilities.

If you can't afford the higher payment, you may have to restructure the debt again.

This is definitely a problem if you're considering restructuring your debt; after all, you've spent all this time creating a plan and now you have to start over from scratch.

Dubai Parks and Resorts Lowers Attendance Expectations and Restructures Debt themeparkuniversity.

July has been filled with speculation that Vivendi is considering selling their 61 % stake in Activision Blizzard in order to put a little much needed green in the company's back pocket and restructure their debt load.

That means that six out of every ten people who filed bankruptcy when George W. Bush was still president and I was still closer to age 18 than age 40 had to restructure debts because of a medical issue.

«Iron Hound was able to restructure the debt payments on these multi-family properties and allow the owners to concentrate on leasing and repositioning the assets.»

Kimco Realty Corp. registered its highest leasing volume in more than 10 years, and expects retailers to continue restructuring their debt and rebalance online and physical sales channels.

I would check that out first then explore your options to see if you could just restructure that debt into lower payments so that you'll qualify that way.

The regional department store chain based in Pennsylvania had filed for bankruptcy in February, after discussions with its creditors about restructuring its debts had collapsed.

The restructuring industry includes law firms, investment banks, lenders, and more who deal with companies who are restructuring their debt through bankruptcy or other means.