Sentences with phrase «turned on the creditor»

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The Althing's proposal spells this out in clear legal terms as an alternative to the neoliberal idea that economies must pay willy - nilly (as Keynes would say), sacrificing their future and driving their population to emigrate in what turns out to be a vain attempt to pay debts that, in the end, can't be paid but merely leave debtor economies hopelessly dependent on their creditors.

These two institutions (UNCTAD and G22) certainly do not carry much weight compared to G7, IMF, WB and WTO, but by turning their backs on the immutable rights of the creditors, they show that governments on the periphery are finding it increasingly difficult to justify their acceptance of the neo-liberal globalisation.

You have shown the borrowing world that you are subject to turn your back on the creditors who have trusted you in the past and walk away from debt that you have run up.

Based on how well you score, a creditor may decide to extend credit to you or turn you down.

Your trustee in turn, distributes those funds to your creditors on a prorated basis based on the dollar value of their claims.

Once you're signed up, the credit counselor will likely put you on a debt management plan through which you make regular monthly payments to them and they, in turn, send your payments to the creditor.

$ 40,000 credit card debt - Turning 58 - Have good paying job - Faced recent financial challenges (medical / family assistance) over last 5 months - Have 10 credit cards (3 with high balances, $ 15,000, $ 9,000 and $ 8,000)- Late payments only to the above 3 credit card accounts (3 mos, 2 mos, 1 month)- Made recent payments to 3 credit card accounts to bring accounts to temporary favorable status - Mortgage current - Completed graduate degree but left to pay last year out of pocket when reimbursement program was greatly reduced - Consulted with debt management counselor to go on budget and work with creditors to be paid out of a single monthly payment.

And in some cases, you might see your bill turned over to creditors or reported on your credit report.

Since you can only file bankruptcy every eight years, creditors will take a risk on you knowing you have eliminated all of your debt and have nowhere to turn for awhile if you get in trouble again.

When a borrower fails to pay a debt on time, the creditor can turn it over to a debt collection agency, thereby putting the debt into «collections.»

We, in turn, will handle all the payments to your creditors, helping to simplify your finances and let you focus on things other than paying bills.

If a creditor believes you owe them money and they have been unsuccessful in getting it from you, they pass your file on to a debt collector, who in turn receives a percentage of your debt for bugging you to pay it back.

Scoring for Credit (FTC) Based on how well you score, a creditor may decide to extend credit to you or turn you down.

While a creditor won't start a garnishee the moment you miss a payment, after a period of non-payment and after trying to talk to you on the phone to work out some type of arrangement that is acceptable to both you and the creditor, most creditors will turn to the court for assistance and look to start garnishing wages.

They then turn around and distribute that money to your creditors on a regular basis according to the agreement that was reached with them.

After waiting for my clients» turns at some recent creditor meetings, people still think hiring the least expensive attorney is the best idea to get their financial well - being on track.

If your investigation turns up anything suspicious — for instance, someone trying to obtain credit in your name — contact all three credit bureaus to alert them about the fraud and ask them to put a temporary security alert on your information that will tell creditors to take extra steps to verify your identity if credit is requested.

Putting off filing for bankruptcy will only hurt your credit score more if you are not making your monthly debt payments on time and your creditors are turning over accounts to collections.

After canvassing the leading substantive - consolidation standards and cases, Judge Jernigan determined that consolidation is appropriate under any test; her decision turned on a litany of facts and factors, including that (i) the company's «nerve center» is its Texas headquarters and all payroll for employees is effectuated from there, (ii) the company's centralized cash - management system and three bank accounts, (iii) all debtor entities were controlled by common officers and directors, (iv) the existence of substantial intercompany claims, (v) credible testimony demonstrated that preparing individual schedules was extraordinarily difficult and required numerous amendments, (vi) a substantial amount of creditors treated the debtors as a single unit, and (vii) that credible counsel had determined that the primary assets of many debtors — D&O litigation claims — are jointly owned by the debtors.

As Cromwell J says, whether it was ethical for the lawyer to let it happen, or to turn a blind eye to what was going on, was a different question from whether the law or equity imposed a duty on him to compensate her before his other creditors.

Based on how well you score, a creditor may decide to extend credit to you or turn you down.

Commenters also requested guidance on how to the rule would apply when there are intermediate settlement service providers, such as when a creditor uses multiple appraisal management companies that, in turn, use many different appraisers, or when a creditor uses more than one title company, each of which uses many subproviders to provide title - related services.