Sentences with phrase «towards other financial obligations»

Oftentimes, the borrower can lower their monthly loan payments, meaning more cash in their pocket each month that can go towards other financial obligations.

Not exact matches

Permanent policies, on the other hand, are used to fill smaller financial obligations at the end of one's natural life, which often means that it's geared towards people who are past retirement and without any dependents.

If there are no children, the starting point is that neither party will have ongoing financial obligations towards the other, and they will be able to keep whatever assets or income they have in their sole name.

However, this does not necessarily mean that the spouse moving out of the marital home will be free from any financial obligation towards the marital home, especially if there is a mortgage in joint names and / or other expenses for the marital home.