Not exact matches
If the
bank is too hard on its borrowers — suing a struggling family for
unpaid debts, for example — it could revive a popular image as a
bank that earns profits at the expense of ordinary people.
The
debt, nearly $ 3 million at one point, is the remainder of a
bank loan and is not from
unpaid bills owed to vendors, a Democratic spokesman said.
Last month Nigeria's biggest airline Arik Air was placed in receivership by the country's «bad
bank» AMCON for
unpaid debts of around 147 billion naira.
If your
bank forecloses your property but can not recover the
unpaid debt, then you might have to pay for the deficiency.
Unsecured credit cards are «regular» credit cards that don't require you to deposit any cash with the
bank as collateral against
unpaid debt: you're allowed to make purchases up to your credit limit, and can pay for your purchases over time — although you'll typically pay high interest rates on any purchases you don't pay off in full each month.
The agency helps
banks and credit unions screen potentially risky applicants by issuing reports that detail previous financial issues like overdrawn and closed accounts and
unpaid debt.
Examples of liabilities would include credit card
debts,
bank loans, payday loans, student loans,
unpaid bills, tax
debts.
When
banks, credit card companies, and other creditors are unable to collect on an
unpaid loan or purchase, they may hire a collection agency to collect on their behalf, or they may sell those
debts to companies like PRA, LLC.
If someone were to start a lawsuit because a business
debt was
unpaid, Joe and Sue wouldn't have to worry about their own personal assets — their homes, cars and
bank accounts.
The Group also represents
banks and other financial companies in litigation to collect
debts and
unpaid loans, assists professional service organizations in collecting
unpaid fees for services rendered, and also represents residential and commercial property owners in obtaining
unpaid rent from their tenants.
Your spouse's
unpaid debts, defaults and bankruptcies can have a tremendous impact on joint activities, including applying for
bank accounts, mortgages and insurance policies.
If you are a businessman and if you were to die with
unpaid loans and
debts, do you know that the creditors can sell off your land, house, shares, mutual funds,
bank FD, cars, jewelry, etc. and it is they (and not your spouse or children) who will have the first right on the money received?
If you are a businessman (especially with a proprietorship or unlimited partnership) and if you were to die with
unpaid loans and
debts, do you know that the creditors (and not your spouse or children) can sell off your land, house, shares, mutual funds,
bank FD, cars, jewelry, etc. and will have the first right on the money received?
It provides them an amount in a lump sum or in installments to take care of their finances or to pay for your
unpaid bank loans or
debts.
It also comes at a time when the bitcoin market has seen a significant decline recently, which leads to the
banking group's concern of amounting
unpaid debt.
Llyods
Banking Group will, starting today, bar it's 9 million credit card customers from buying bitcoin and other cryptocurrencies amid fears of future
unpaid debts at a time when cryptocurrency prices are on the slide.
A
bank can issue a similar 1099 (forgiveness of
debt) on
unpaid mortgage after foreclosure.