Sentences with phrase «what property and debt»

The court will go through a discovery process to determine what property and debt should be classified as marital or separate.

Basically, the purpose of these forms is to provide both parties a full picture of what property and debts there are, as well as what the household income and expenses are.

Not exact matches

You don't have to sell your property, and you might have to pay back some of your debts only partially — depending on what you can afford, according to Nolo.

I've been in the market in San Francisco for some time right now and my income hits the sweet spot of what you're outlining (~ 250k on two incomes, perfect credit, and $ 0 debt — ZERO — of any shape or form) and I'm finding they're only willing to go to the max of conforming loan limits, which is $ 625k for most properties or $ 729k for an FHA loan (which, for separate reasons, is a tough sell in SF right now).

The spirit in which he went about that work, the results of which have put the world eternally in his debt, is fairly indicated by a memorandum written in his early forties and never intended for publicity: «Believing that I was born for the service of mankind, and regarding the care of the commonwealth as a kind of common property, which, like the air and the water, belongs to everybody, I set myself to consider in what way mankind might best be served, and what service I was myself best fitted by nature to perform.»

just reading around and all if not most rags are saying our net spend is # 46 million how can they tell that when they do nt even know what our real budget is if it was # 100 million then we are in profit by quite a bit i do nt really know what they base there assumptions on this is where you could do with swiss ramble to dissect what really was spent from what i could see most of our 5 transfers were covered by out goings and c / l monies earned debuchy - vela deal, chambers - vermalen deal, ospina - cesc and miquel deals sanchez c / l monies and other monies recovered from wages and old installment based deals this is the same with welbeck i would imagine if not then poldolski will be sold in jan to cover this as i think he was going to be sold and this would have covered welbecks transfer more or less also and people do nt always realize that arsenal have money coming in from more than one source to cover transfers not just puma and emirates deals we have property arm of the club which makes money for transfers also outstanding debts we are owed of old transfers we receive each year on song cesc maybe van persie and all other structured deals in installment payments sales we just flogged miquel as an example and all the monies from released wages and youths sold its a bit to complex to just say we have a net spend of xyz when arsenal do nt even make the budget public so they have no starting point from which to go from i bet you we have broke even or even made a slight profit as we are self sustaining it would make sense that we can break even or at least make the net spend under # 10 million each year at least screw then all we are the arsenal we do thing our way

SKELOS: «If you know what I said, if you listen to what I said, all FOUR gubernatorial candidates have agreed on no new taxes, a state spending cap, a property tax cap, job creation credits, and no debt.

Or you could do what I did: Put all your property (and debts) into one pot.

However, what he didn't disclose was that he intended to pay off his debts with the investment money, fix up the properties and resell them.

The liability would be capped to any difference between the borrower's total debt at the time of foreclosure sale and what the lender could recoup when the property was liquidated.

There's chapter 11, which businesses and wealthy folks use to reorganize debts and stay afloat, and there's chapter 13, which lets the debtor keep their property as they repay what they owe, not to mention other chapters for fishermen and foreign debts.

Under Chapter 7, some of your non-exempt assets may be sold to pay off your debts, while other property is protected (exempt) and can't be sold (what property is exempt versus non-exempt depends on both state and federal law).

What this means is that your property is owned jointly by you and your spouse as a single marital entity and can not be liquidated to pay the debts of only one owner.

Once the present mortgage debt goes below 80 per cent of the $ 340,000 value of the property — that would be $ 272,000 — Jason can apply for and probably get a secured line of credit for a much lower interest rate than what he is currently paying.

Everything I am reading is encouraging leveraging debt and further property purchases but what's the difference between having a # 1000 monthly income from a property where you have paid the mortgage off compared to # 100 monthly income from 10 properties?

Even though the divorce will be uncontested if your spouse doesn't answer, it's better if the two of you sign a written settlement agreement detailing how you want your property and debts divided and what your arrangement will be for custody and visitation for your children.

Property and debt division are a bit more complex so if there is no agreement, at least you guys can agree on the values of the properties to make it easier for your lawyer to argue what percentage of property or debt you needProperty and debt division are a bit more complex so if there is no agreement, at least you guys can agree on the values of the properties to make it easier for your lawyer to argue what percentage of property or debt you needproperty or debt you need to get.

If all else fails and you have to go to trial over your issues, you will have to first explain to the judge what your story is, prove the property and debt and it's values, your incomes, and finally state each of your abilities to care for your children, etc..

Instead, you file court forms and a «marital settlement agreement» that details the agreements you've made about how you want to divide your property and debts, what your custody arrangements for your children will be, and whether support payments will change hands.

The Judge also determines what he or she thinks ought to be included with the marital property to be divided, the value of those assets, and how the assets (and debts) will be allocated as between the parties.

- Identify all property (real, personal, financial) and debts; - Characterize all property or debts as separate or community; - Establish values for all property; - Divide property and debts fairly between the two people; - Decide what if any spousal support is appropriate; and -(If you have children) Work out a parenting plan and child support.

During the first informational meeting, the mediator will work with the parties to determine what information will be needed for further sessions, such as personal assets and debt information, property descriptions, etc..

If you feel that a Joint Petition divorce is a good option for your but feel uncertain about how to divide your debts and property, or if you have children with your spouse and want to know what's appropriate as far as child support and visitation, consider Collaborative Divorce.

The agreement should designate which spouse takes what property and any associated debt.

Then you ask a judge to divide your property, divide your debt, decide issues of support and decide what happens to your kids.

Once the parties or the court determine what is marital and what is non-marital, the next step is to distribute the marital property and debts.

When dividing property, the law looks at everything the couple owns, what they earn, and what debts they have, and divides these according to what it considers to be fair.

As to certain decisions such as property and debt division, the decisions and final agreement can deviate from what a court is likely to do, as long as the parties» standard of fairness is met.

The petition, which sets out what a person wants a judge to do (such as dissolve the marriage, rule on custody, order child support, and divide marital property and debt), is generally personally served by a sheriff's deputy or other authorized process server.

The goal here is not to split assets and debts directly down the middle and have Bob and Sally go their separate ways, the goal is to figure out what is most unbiased and fair distribution of property considering the circumstances.

In the negotiated settlement process, we will create a parenting plan and decide what documents may be needed in order to make a decision the division of assets, property and debts.

In divorce and child custody cases, the contested issues vary depending on the parties» unique circumstances, but generally they concern with whom the children will reside (physical custody), who will make decisions concerning their religious and educational upbringing, medical care and treatment, and extracurricular activities (legal custody), how the assets and debts of the parties will be divided (equitable division of the marital property), and what kind of spousal support, if any, is to be paid by one party for the support of the other spouse.

If your divorce case is like most cases and settles prior to trial, your property settlement agreement will spell out who is paying what portion of the marital debt.

«What makes retail ideally suited for mezzanine debt is that the upside can be clearly identified based on lease steps and how the property compares to the market,» Tokarski says.

When you've done a bunch of cap rates you have a feel for what the debt and other expenses will be on a certain sized property, the main variable on a small multi can be whether the heat is included or not.

In addition to improving the definition of what an HVCRE loan is, it excludes from the definition the acquisition or refinancing of an existing income property secured by a mortgage so long as the cash flow generated is sufficient to pay expenses and debt service.

I agree with what everyone here says about the payments affecting your debt to income, but if your income can sustain the hit, and the property can generate enough income to payoff the extra payment, I say go for it.

And there we have what may prove to be the biggest news of the moment (unless you happen to invest in Greece's sovereign debt); we're seeing fewer distress property transactions than we expected to.

«I think it comes down to what we were both hearing from our customers,» Bill Johnston, vice-president of data and analytics at Equifax Canada, said regarding demand for more information about property and how it relates to debt.

If the debt coverage ratio is smaller than 1, it indicates that the property produces insufficient income to cover both operating expenses and the mortgage payment, which is what lenders want to avoid.