Sentences with phrase «years after the debt»

Unfortunately, filing for bankruptcy leaves credit severely damaged for no less than seven years after the debts are discharged, making it difficult to secure new debt for a home, a vehicle, or a credit card in the future.

Andrew Therrien, a salesman from Rhode Island fought back over two years after a debt collector threatened to rape his wife in 2015.

It appears on your credit report and can affect your score for seven years after the debt is paid off.

According to the Federal Trade Commission, your bankruptcy can stay on your credit report for as long as 10 years after your debts are discharged, and that can make accessing new credit, buying a home or even getting a job difficult.

Not exact matches

Nearly twenty years after graduating, I am still paying down student loans, and am on a payment plan to settle my debt to the IRS.

The IMF said last year that it would provide Greece with 1.6 billion euros ($ 1.93 billion) in funding, after an agreement on debt.

But after spending three years making minimum payments, it became clear that unless I got aggressive, my debt could potentially throw a wrench in my long - term saving goals.

A year after he took over as head of ad sales, the magazine had gone from being $ 10,000 in debt to having $ 20,000 in the bank.

He founded Total Debt Freedom in 2004 after spending a dozen years managing collections departments, and says he feels far better about what he does today.

The PSLF, established by President George W. Bush in 2007, allows student loan borrowers who pursue government or non-profit public service jobs to wipe out their remaining debt after 10 years of on - time payments.

They were debt - free, and after years of hard work, frugal living, and the sale of a previous home Tuttle had owned in England, they had a down payment ready.

In a recent commentary, he notes U.S. debt as a percentage of GDP has already seen exponential growth in the past two years, after climbing steadily since 2000.

The Penn model found that the bill would increase the federal deficit by $ 1.327 trillion over the first 10 years after it becomes law (not including debt - service costs).

But the Vegas hotel fell into the hands of Onex, which separated the Strip property from its parent last year after strategically acquiring more than US$ 200 million of its debt — at discount prices.

Essar Steel is among a dozen https://www.reuters.com/article/india-bankruptcy/indias-bhushan-essar-steel-amon g - 1 2 - f i r m s - b e i n g - m o v e d - t o - i n s o l v e n c y - c o u r t s - s o u r c e s - i d U S L 3 N 1 J D 3 3 F of India's biggest debt defaulters that were pushed into the bankruptcy court last year after a central bank order aimed at clearing record bad loans at the country's...

Divide the company's after - tax income, taken from the income statement, for the year by the combination of equity and debt you obtained above.

After years of pumping money into the country's frothiest housing markets, Canada's big banks are suddenly — and alarmingly — nervous about the debt - fuelled monster they've helped to create.

Last year, Jefferson County, which includes Birmingham, filed for what was at the time the largest U.S. municipal bankruptcy claim after losing over $ 3 billion in sewer debt.

Some borrowers can have the federal government pay part of their interest or their debt forgiven after 20 or 25 years of payments.

The 200 - year - old business went into compulsory liquidation at 0600 GMT after costly contract delays and a slump in new business left it swamped by debt and pensions liabilities of at least 2.2 billion pounds ($ 3 billion).

Embattled Noble has been negotiating a $ 3.4 billion debt - for - equity swap — crucial to its survival — after selling billions of dollars of assets, taking hefty writedowns and cutting hundreds of jobs over the past three years.

Given the softening economy in the latter half of last year and first months of 2013, Finance Minister Jim Flaherty's target of getting back to balance by 2015 — after piling up $ 172 billion in debt in eight years — will depend on three assumptions all coming to good.

The economy has registered one of the strongest performances in the euro area in the last few years — after the troubles seen during the sovereign debt crisis.

For years, Rite Aid (RAD) was the sick man of the retail pharmacy industry, after a debt - fueled, pre-financial-crisis expansion left the firm unable to cope with the competitive pressures it faced from online retailers like Amazon.com.

Fitch and S&P joined DBRS at the end of 2017 in giving Portugal's debt an «investment grade» after years of considering it «junk.»

After 70 years, Toys «R» Us would close shop — a casualty of Amazon - era retailing and debt - fueled, private - equity deal - making.

After all, they've single - handedly powered Hoku Scientific Inc., growing it from a homebased business with credit card debt of more than $ 100,000 to a public company that projects revenue of $ 7 million to $ 10 million for fiscal year 2008.

The deal, which is still making its way through Congress after an eleventh hour push from party bigs, has three main components: It immediately raises the debt ceiling, includes around $ 2.1 trillion in spending cuts over the next 10 years, and creates a special Congressional committee to come up with long term deficit - reduction suggestions by this Thanksgiving.

When Mike showed up for his 10 - year reunion, he was struggling to support a wife and two kids after racking up $ 20,000 in credit - card debt.

NASHVILLE, Tenn. — The maker of the Gibson guitar, omnipresent for decades on the American music stage, is filing for bankruptcy protection after wrestling for years with debt.

Valeant has been focusing on its dermatology, eyecare and gastrointestinal units while selling off some other assets as it looks to pay down its heavy debt, racked up after years of acquisitions.

Of course, a return to normal levels of business engagement would be welcome after years of relying on consumers piling on debt to power the economy.

«I don't think that's true, because one of the things that we notice is that in the years leading up to withholding, we see increases in state debt, but that seems to stabilize in the period after withholding,» he explained.

After those two leveraged buyouts, Neiman carries long - term debt of $ 4.55 billion, on which it paid $ 289.9 million in interest last year.

After five years the company would return the principal to all investors who had not, within a specified period, chosen to convert the debt to common stock.

A year after an emergency medical payment, 48 percent of families still had depleted savings and 33 percent still had elevated credit card debt, the report found.

Two and a half years after starting the blog, I was able to pay off my debts.

The European debt crisis threatened to pull apart the euro zone only a few years after the world endured the greatest financial calamity since the Great Depression.

And, after two years of extreme sacrifice and taking on as many freelance projects as he could to increase his revenue to six figures, Kapetaneas was completely debt - free.

The food - court fixture filed for bankruptcy protection in 2014 for the second time in three years after choking under too much debt and declining traffic at many U.S. malls.

If they don't happen, the U.S. risks a debt «affordability» crisis in the 10 years after that.

During the past year, households have taken 6 percent of their after - tax income to either set aside in savings vehicles, purchase financial assets, or pay down debt.

Around five years after Rogers wrote that, the 2008 - 2009 global economic crisis delivered what should have been a crowbar - to - the - head message about debt: Too much debt is bad.

Elliott built up most of its position in Energy Future's debt after Texas regulators rejected NextEra's offer earlier this year, causing bond prices to crash, the sources said.

The pitfalls of this financial dynamic were not apparent in the early years after World War II, largely because economies emerged with their private sectors free of debt.

We saw an increase in the supply of Treasury bills after lawmakers pushed the debt limit into next year.

Jeff takes down his recommendation on emerging market (EM) debt to «neutral» after this year's big rally.

China's biggest lenders are in the midst of a revival, posting faster profit growth and generally healthier net interest margins after years of rising bad debt as economic growth slowed down.

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Proctor would know: A few years after graduating from Virginia Tech with a biochemistry degree, his debt had ballooned to nearly $ 30,000.