Sentences with phrase «which property and debts»

Prenuptial agreements may determine which property and debts should be divided upon divorce, which property should be excluded, which property should be excluded from the probate estate when one of the spouses dies, whether alimony should be paid upon divorce or separation and if so, how much and how long.

Florida law details which property and debts are marital, meaning they belong to both spouses, and which are separate (nonmarital), meaning they belong to one spouse alone.

Not exact matches

For instance, Wanda no longer has to record debts associated with those theme parks and hotels; all it has is the bank loan it took out to advance money to Sunac, which is now taking on the property and related leverage.

But financially speaking, your net worth equals your assets — cash, property (like your home, car and furniture), your checking and savings account balances and any investments — minus your liabilities, which are your debts and other financial obligations.

Brutman also recommends personal property and casualty insurance coverage, which in the event of your death, takes business debt into consideration.

Investments for which market prices are not observable include private investments in the equity of operating companies, real estate properties and certain debt positions.

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).

Low rates mean cheaper debt, which makes it easier for investors to buy commercial and residential properties.

In particular, $ 3.8 trillion worth of trust products, which local governments and property developers riddled with debt, used to raise money from the Chinese public have been stymied, with two specific types of trust products having reportedly had to delay payments as liquidity has dried up.

But their agenda is to make the economic polarization between creditors and debtors irreversible, ushering in a Dark Age of austerity and deepening debt peonage in which wages, profits and property rents are earmarked to pay interest — on loans that can't be paid in a shrinking economy.

Borrowers who are interested in an FHA Purchase Loan must be able to make a down - payment of at least 3.5 % (which can be a gift), must live in the property they are purchasing and have a debt - to - income ratio no higher than 50 - 55 % (depending on their credit history).

STORE Capital actually source its debt from both unsecured bonds (which are BBB rated with a stable outlook) and on a non-recourse basis, meaning that its individual properties are collateral for loans taken to buy them.

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

To simply take the property taxes levied today and add a debt service figure to it, as has been suggested by a local taxpayer watch group, ignores both the issuance over several years, as well as the debt that is scheduled to be retired in the coming few years, on which that tax will no longer be collected.

Martins and Curran differ on how to fix Nassau's often error - prone property tax assessment system, which is responsible for about a third of the county's total debt.

This same 2007 budget, serviced debt with N326 billion and provided for a deficit of N0.5 trillion, an equivalent of 2.9 percent of GDP which was to be financed from proceeds of sales of government properties and domestic borrowings.

Pennsylvania created 232,000 new jobs at $ 60,000 a year plus, small communities and counties in Northern Pennsylvania are paying off their debt, farmers and other property owners are getting huge royalties and Pennsylvania is enjoying an economic boom from fracking, which cost the taxpayers nothing.

Indications from the AG's office were that, the examination would encompass issues pertaining to whether he owed any debts, whether he has property to satisfy the debt, and the manner in which he used the judgment debt money paid him, among others.

«You're taking away all the city assets and then you're saddling the city which includes property owners, voters, business owners with all the debt which is over a billion dollars.»

In the absence of anything which can be called an «investigatory press» in Rockland County, elected officials must know that their behavior is being publicly scrutinized by the social media and that past behaviors which resulted in Rockland County becoming bloated with over 100 patronage appointments and millions of dollars in ballooning property taxes, bonded debt, and deficit spending MUST stop.

(6) incur temporary debt in anticipation of receipt of funds; provided that a Horace Mann school shall obtain the approval of the local school committee and appropriate local appropriating authorities and officials relative to any proposed lien or encumbrance upon public school property or relative to any financial obligation for which the local school district shall become legally obligated; and provided further, that notwithstanding any general or special law to the contrary, the terms of repayment of any charter school's debt shall not exceed the duration of the school's charter without the approval of the board;

These specifications, which would come to be known as «FHA guidelines», require lenders to check debt - to - income ratios for all borrowers; to verify adequate assets for a downpayment of 3.5 % or more; and to verify that the subject property meets minimum FHA standards.

Bankruptcy will not normally wipe out: (1) money owed for child support or alimony, fines, and some taxes; (2) debts not listed on your bankruptcy petition; (3) loans you got by knowingly giving false information to a creditor, who reasonably relied on it in making you the loan; (4) debts resulting from «willful and malicious» harm; (5) student loans owed to a school or government body, except if the court decides that payment would be an undue hardship; (6) mortgages and other liens which are not paid in the bankruptcy case (but bankruptcy will wipe out your obligation to pay any additional money if the property is taken back by the creditor).

Most debtors have no nonexempt property, which means that they pay nothing to unsecured creditors and their debts are discharged.

Private lenders focus on equity (market value and debts) of a property when deciding which applications to approve.

If your home is worth $ 1,000,000 in Timmins and has $ 700,000 in debts, the LTV is 70 % which is enough to get you approved as most private mortgage lenders will loan to a maximum 85 % LTV on a residential property.

If a property is worth $ 1,000,000 and has debts of $ 700,000, the LTV is 70 %, which could get you a good deal on a private mortgage.

Now, if the property is not a primary residence but an income property or a cottage then you could find yourself in a forced sale situation — where the CRA proceeds with the lien in federal court, prompting you to either pay your outstanding debt, or lose title and ownership of the property, which then goes through the legal procedure of foreclosure and the home is then sold as a power of sale, to clear the debts.

Consider this: after purchasing a house and taking on a mortgage, you indeed have debt — but, (1) it is long term debt, not short term debt, with more time to pay it down; and (more importantly)(2) you now also have equity — the house and property itself (which has value that hopefully will increase over time — tax free).

Her present expenses, $ 5,548 per month, would drop to $ 3,120 with elimination of all mortgage debt, a $ 100 reduction in property tax in a smaller home, elimination of RRSP savings and her car loan which would be paid by age 60.

However, in community property states (Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, Wisconsin and Alaska, which is an opt - in community property state), creditors may pursue a surviving spouse to settle a debt.

Meaning, the price for which your home could be sold on the market today, less any debts registered against the property, such as mortgages and secured credit lines.

Debt covers monthly housing and non-housing debt payments, which includes mortgage payments, property taxes, homeowners insurance, mortgage insurance, student loans, car loans, credit cards, child support and other factDebt covers monthly housing and non-housing debt payments, which includes mortgage payments, property taxes, homeowners insurance, mortgage insurance, student loans, car loans, credit cards, child support and other factdebt payments, which includes mortgage payments, property taxes, homeowners insurance, mortgage insurance, student loans, car loans, credit cards, child support and other factors.

Chantal wants to pay down debt, invest and buy a property down south but isn't sure which to prioritize

Putting 3 percent down on a home, the buyer can't afford to spend more than 28 percent «front end» debt - to - income ratio, which is: the mortgage, property taxes and insurance, divided by the buyers annual income before taxes.

Some advantages bankruptcy protection might offer a bankrupt debtor is that you can obtain an automatic stay which means the mere request for bankruptcy protection automatically stops and brings to a cessation certain lawsuits, foreclosures, utility shut - offs, evictions, repossessions, garnishments, attachments, and debt collection harassment, filing might save your home, you can reschedule secured debts, you can receive protection for co-debtors you can keep all non-exempt property, you can consolidate all your loans under one plan, all or part of your loans may be completely forgiven, and you can extend certain tax obligations, student loans, or other such qualifying debts.

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.

A Lien puts a hold on real or personal property and allows the property to be held as collateral for debt payments or services which are owed to another lender.

A security interest is typically granted by a security agreement, which is signed by you and the lender, outlining the debt as well as the property held as security.

Generally, we offer three debt consolidation options, which are mortgage refinancing, first and second loans on a property.

The opposite of secured debt / loan is unsecured debt, which is not connected to any specific piece of property and instead the creditor may only satisfy the debt against the borrower rather than the borrower's collateral and the borrower.

In other words, which debt ratio do you add the rental property mortgage payment, rental income, taxes and heat to?

It also has financial leverage, which is still at reasonably acceptable levels (68 % for property assets, 25 % for non-property assets) but I'd prefer to see some asset sales and debt paydown.

The $ 34,000 Student Loan is my LOWEST debt compared to my home mortgage at 4.6 %, rental property mortgage at 5.25 % (cash flow positive) and vacation home mortgage at 5.875 % (which i don't want to throw money at anymore since the market is so bad).

This supersedes a person's income, debt ratio, and property value when determining whether or not they qualify and even the interest rate at which to charge the loan.

On December 16th of 2009, HUD gave that clarity with Mortgagee Letter 09 - 52 which allows a people to buy a home after a short sale if «they were current on their mortgage and other installment debts at the time of the short sale of their previously owned property, and the proceeds from the short sale serve as payment in full.»

If you have some secured debts (those which you have obtained by placing collaterals), and if you are behind on your bills, the creditor may ask the court to raise the «automatic stay» in order to repossess or foreclose on your property.

Debts which are not eligible for discharge are listed under the Bankruptcy Code 11 U.S.C. § 523 and include fraudulent Actions, student loans (unless payment will impose an «undue hardship» to such an extent that the debtor will not be able to maintain even a minimal living standard), child and spousal support, current tax obligations, and debts from willful and malicious injuries to persons or property or debts for personal injuries caused from the debtor's operation of a motor vehicle while under the influence of alcohol or dDebts which are not eligible for discharge are listed under the Bankruptcy Code 11 U.S.C. § 523 and include fraudulent Actions, student loans (unless payment will impose an «undue hardship» to such an extent that the debtor will not be able to maintain even a minimal living standard), child and spousal support, current tax obligations, and debts from willful and malicious injuries to persons or property or debts for personal injuries caused from the debtor's operation of a motor vehicle while under the influence of alcohol or ddebts from willful and malicious injuries to persons or property or debts for personal injuries caused from the debtor's operation of a motor vehicle while under the influence of alcohol or ddebts for personal injuries caused from the debtor's operation of a motor vehicle while under the influence of alcohol or drugs.

I pay for the $ 1300 in rental expenses from the HELOC, and the interest on this $ 1300 debt is now tax deductible, since I borrowed it to pay for investment expenses (along with any amount on the HELOC which was used to make the down payment on the property and to pay for transactions fees, such as a lawyer, RELATED TO THE PURCHASE OF THAT PRproperty and to pay for transactions fees, such as a lawyer, RELATED TO THE PURCHASE OF THAT PROPERTYPROPERTY).