How To Use Creditor In A Sentence
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Now that I think about it, direct property distraint was a recognized means of compelling welchers to fulfill their obligations in the quasi-anarchic Brehon laws of Celtic Ireland, even if it was a case of tenants or debtors going after landlords or creditors.
Shameless Self-promotion Sunday #30
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No creditor is gonna want want a piece of your sweet assets these days unless you've got a nice fat down payment and a plunging debt-to-income ratio that reveals a nice plump credit score.
How To Be A Sexy Borrower - The Consumerist
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The new shareholder has declared the intention to conclude agreements with the plant's creditors and restore the production.
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In these cases no defence is offered so they are signed off electronically by the court on evidence supplied by creditors.
Times, Sunday Times
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The Servian action is that by which a landlord sues for his tenant's property, over which he has a right in the nature of mortgage as security for his rent; the quasi-Servian is a similar remedy, open to every pledgee or hypothecary creditor.
The Institutes of Justinian
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In the first horror occasioned by her father's distress from the bills of her brother, she wrote a supplicating letter to Mrs. Mittin, to intreat she would endeavour to quiet her creditors till she could arrange something for their payment.
Camilla
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Failure to approve them in a vote this week could block the next tranche of €3 billion from international creditors.
Times, Sunday Times
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And I told my creditors that we needed to give these people 10 days of severance, even though that would deplete the rest of our cash.
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When are distributions likely to be made to creditors?
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Every month you send the agency a single payment that is portioned out to each of your creditors until your debts are paid off.
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A few months later, the guy who owned and operated the company upped and vanished to avoid a legion of creditors, and has not been seen since.
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It completely inures you from the slings and arrows of outrageous bloggers, creditors, film investors and divorce attorneys.
Mark Morford: Mel Gibson's Top 10 Tips For Sexist Monsters
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Creditor committees and managers of bankrupt companies often are too optimistic.
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Over six years ago, the Association put forward proposals, which would rank farmers as preferential creditors for agricultural produce supplied by them.
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The creditor would not be concerned with the question whether or not the surety had an adequate understanding of the transaction.
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He signed an agreement to borrow a 75 million euro two-year loan syndicated by 18 banks, an unprecedented number of creditors for Bulgaria.
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Having presided with his president over the first-ever downgrading of the debt his department issues, Mr. Geithner hied to Wroclaw, Poland, to share his wisdom with the assembled European finance ministers, who pointed out that the euro zone is less indebted than the U.S. and not well placed to warn them, as Mr. Geithner did, of the danger of dependence on foreign creditors.
Aggregating Conceals Some Important Facts
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Creditors fall foul of the law if they chase up debts too frequently.
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Two days after the plan was announced, Mr Resende took the newly minted package to creditors in Washington.
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The payment had the effect of conferring a preference, priority or advantage on those creditors over the other creditors.
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This measure would keep its creditors at bay until it can find a satisfactory solution to its troubles.
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And, as the secured creditor has consented to the payment, no recoupment of the money paid is possible.
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In his habitual laconical way he counselled me to reserve all my savings for our journey, and to settle with my creditors when my Parisian successes had provided the necessary means.
My Life — Volume 1
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But there will be tough new measures for the minority of bankrupts who take advantage of their creditors.
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Society member Thomas Snowden held "Fifty shares of the stock of the New Jersey Morris Canal and Banking Company" when he died and when creditors forced Theophilus Eaton to file as an insolvent debtor, he possessed a note from William Garratt promising the delivery of
Advocating The Man: Masculinity, Organized Labor, and the Household in New York, 1800-1840
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In the short term, to the extent that it enabled workers to recover entitlement losses, this merely shifted those losses from workers to other unsecured creditors who were in no way responsible for the problem.
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Marrlist Limited had locus as a creditor of the company.
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On the basis he had realised all of the assets and these would be used to cover his fees, there had been no point advertising for potential creditors to come forward because there was nothing in the pot for them.
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MGM's creditors are currently holding talks with Spyglass Entertainment and Summit Entertainment about running the studio, should they gain control under what is known as a prearranged bankruptcy, according to a person briefed on the matter.
DealBook
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The creditor could sue the debtor, sell the mortgage securities or sue the surety.
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Given the sums that they had borrowed from shopkeepers and moneylenders at high interest rates, tenants were unable to satisfy both their creditors in the towns and their landlords.
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None of the team's assets, including its Milton Keynes headquarters, is mortgaged to banks or creditors, and the 300 staff are skilled and committed.
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But unsecured creditors were likely to have lost out.
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None will ever return to the North Sea and what money they do get will most likely be swallowed up by creditors.
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However, Armentrout says unaudited figures show that organizers spent about $1.9 million and owe approximately $965,000 to a variety of creditors.
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Mr Longbottom said many smaller firms in the district had suffered due to the effects of larger PLCs going into liquidation and failing to pay unsecured creditors.
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Sure, trust-loving lawyers are now touting the nontax virtues of trusts--protecting assets from creditors, from those who prey on the elderly and from a new spouse if a widow remarries.
Married, With Assets
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Either keeping personal creditors accounts or making sundry creditors adjustments can consume inordinate amounts of administrative and accounting time.
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Defaults are always painful, for debtors and creditors alike. And so they should be.
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The message of this judgment is that when promises of payment on pleas for forbearance are made, the commercial creditor is well advised to ask to have an agreement in writing signed by the promisee.
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A creditor would have to hire a lawyer in the other jurisdiction and begin the court case all over again.
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I believe it is not a good business practice to be an unsecured creditor to any company for very long.
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Your garnishment is the end result of a long series of letters, calls, summons and court actions on behalf of the creditor to get either of you to step up and pay what is owed or to negotiate a mutually acceptable, debt is between six months and a year old or older.
The Dollar Stretcher Featured Content
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Cork now has a month's breathing space to consider how best to distribute the companies' funds to creditors.
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The statute defines "a notour bankrupt" to be any debtor who, being under diligence by horning or caption, at the instance of his creditors, shall be either imprisoned, or retire to the abbey or any other privileged place, or flee or abscond for his personal security, or defend his person by force, and who shall afterwards be found, by sentence of the lords of session, to be insolvent.
Encyclopaedia Britannica, 11th Edition, Volume 3, Part 1, Slice 2 "Baconthorpe" to "Bankruptcy"
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Aye, and his affairs an a, said the Deacon; the creditors have entered into possession o the estate, and its for sale; and some that made the maist by himI name nae names, but Mrs. Mac-Candlish kens wha I mean (the landlady shook her head significantly) theyre sairest on him een now.
Chapter XI
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The administrators will propose company voluntary arrangements to the creditors that will include reduced rents.
Times, Sunday Times
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Answer guide: Record a reduction in the liability, creditors, and reduce the asset bank.
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A receiver can be appointed to a firm by a creditor, usually a bank, whose debt has been secured by a charge on some or all of the company's assets.
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There are of course classes of preferential and pre-preferential creditors, but I do not propose to expand on that here.
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The cost to Greece of default is relatively trivial compared to the cost to its creditors, mostly European banks uneager to take large write-downs.
Everything's Fine With Greece, Just Ignore Some Facts
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The reality is there are investors and creditors out there that have relied on 'too big to fail' to make investment decisions, " Ms. Bair said. "We have to take this security blanket away.
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There are of course classes of preferential and pre-preferential creditors, but I do not propose to expand on that here.
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If the account is overdrawn, the bank becomes the creditor and the customer the debtor.
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I accept that a print service provider would not fall into the category of a preferential creditor.
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WN.com - Financial News
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Under the terms of the agreed plan, secured creditors will receive a small proportion of the money owed.
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Which amanuensis is a drunken, bankrupt village grocer, of whom my son-in-law is one of the defrauded creditors – Mr. L — having intrusted him with about forty pounds 'worth of the plantation rice, to sell on commission for him, which rice, indeed, was sold, but was never accounted for, and as the man is a bankrupt, never will be.
Further Records, 1848-1883: A Series of Letters
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His creditors came down on him for prompt payment of his bills.
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The court may, as to all matters relating to the winding up of a company, have regard to the wishes of the creditors or contributories of the company, as proved to it by any sufficient evidence.
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Koops himself was the principal shareholder in the venture and on the strength of this offered to satisfy his creditors.
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Creditors of Hollywood's legendary MGM studio have voted in favour of a bankruptcy plan offered by US firm Spyglass Entertainment.
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Answer guide: Record a reduction in the liability, creditors, and reduce the asset bank.
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The practice is designed to maximise returns to creditors and reduce job losses by ensuring that the failed business does not endure a lengthy period in administration.
Times, Sunday Times
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The Government, usually creditor rather than shareholder, expected to be repaid in full if a firm went into liquidation; it was the private shareholders who lost.
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I have taken this course solely to assist the realisation of my assets for the benefit of all my creditors.
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His lavish past has left its mark financially, and the creditors are now tightening the metaphorical noose.
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He only went down to the Kuomintang office to straighten out the question of our creditors.
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The retailer may then transfer that value electronically either to his creditors or to his bank account.
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They also prepare financial reports for nonmanagement groups, including stockholders, creditors, regulatory agencies, and tax authorities.
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After all, the creditors should also pay the costs of their reckless credit decisions.
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Specific licenses have been issued (1) for payment to U.S. or third-country secured creditors, under certain narrowly defined circumstances, for pre-embargo import and export transactions;
Presidents Letter On Yugoslavia Economic Sanctions
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The message of this judgment is that when promises of payment on pleas for forbearance are made, the commercial creditor is well advised to ask to have an agreement in writing signed by the promisee.
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As preferential creditors the Inland Revenue will receive about half the £77,000 they are owed but the Council, as unsecured creditors, will get nothing.
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Creditors could obtain a writ for the arrest of their debtors.
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Numerous heirs at law, reversioners, and creditors implored the Upper House to introduce such provisoes as might secure the innocent against all danger of being involved in the punishment of the guilty.
The History of England, from the Accession of James II — Volume 3
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The creditor has always a better memory than the detor.
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The reorganization plan must be accepted by the creditors, bondholders and stockholders and confirmed by the court.
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The only part of the bill where unsecured creditors might be compensated is from a fund that is maintained by a fee imposed on the banks.
GOP Senators united in opposition to current financial reform bill
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The CVA needs to win support from creditors holding at least 75 per cent of the total debt when it is voted upon.
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After her death his ruinous spending habits left him heavily in debt, and the death of his friend Drusus in 23, allegedly at the hands of Livilla and her lover Sejanus, led him to flee his creditors and sail to his Judaean homeland.
Caesars’ Wives
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Banks and governments are inextricably entwined in the eyes of creditors.
Times, Sunday Times
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If consumers are the losers, creditors, including retail giants, banks and mortgage companies, are the clear winners.
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An informal group of commercial bank creditors, the London Club negotiates with debtor governments that have loan problems and need to ...
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He said the company would work with the liquidator on ways to discharge its debts to creditors.
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The term referred to state laws, which emphasized debtor relief rather than fair treatment of creditors.
A History of American Law
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The other creditors who hold no collateral would get the proceed from the sale of the remaining unpledged assets.
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I inclose a statement of the Debtor & creditor account of the 'Remains' in order to show how far the sale to the present moment will set off against the expences yet unpaid.
Letter 405
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One creditor owed a four figure sum demanded an inquiry into the sudden collapse of the club.
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Under the Trust's proposed company voluntary arrangement, the unsecured creditors of the cash-strapped club can only expect a fraction, if anything, of what they are owed.
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The Prescribed Rate of Interest Amendment Bill, which provides for creditors to receive interest on unliquidated debt, was also read a second time after a brief debate.
ANC Daily News Briefing
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It depends on the value of the available assets and the amounts due to the other creditors.
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But the global economy comprises debtors and creditors.
Times, Sunday Times
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Since the outset of the neo-liberal reform project, both the government and private sector have borrowed money from domestic savers as well as from international creditors.
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In recent years, cases have grown increasingly concerning infringement of creditor's rights.
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He was able to settle with his creditors, and avoid going to jail.
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I had at the fame time in view, to lighten the burden of the reimburlc - ments at ftated periods with refpeft to the royal treafury, without altering the terms of their ac - quittal with regard to the creditors; another ex - pedient which was good at the time when there was credit in France, and which, had it been adopted in the year 1787, would have faved Go - vernment the difgrace of failing in this part of the engagements of the State, which I was of opinion ought not to be feparated from the an - nual expcnce, but which, fince it has been de - tached from it, has been counted for nothing.
Considerations on the Present and Future State of France
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The debtors have owed the creditors £50 million for years but believed, with a Christian trust rare in these degenerate days, that they had been forgiven the debt.
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Creditors may seize jointly owned assets to satisfy your spouse's debts.
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His creditors agreed to give him a temporary respite.
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The seller, not the buyer's other creditors, will be entitled to take those goods.
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In my judgment to impose such an obligation on a secured creditor would impose a serious fetter on the freedom of the secured creditor to exercise his power of sale over the charged property at the time and in the manner he chooses.
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Creditors 4 have better memories than debtors.
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Creditors 4 have better memories than debtors.
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Two months later, Valmark also filed for bankruptcy reorganization, seeking protection from creditors.
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It could not be excluded by agreement between debtor and creditor.
Times, Sunday Times
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In former days, a young man arriving at Calcutta as a writer, had no difficulty in raising money by borrowing from some wealthy _circar_; and many of those very young men are still hampered with debts they can never pay: though high in office, and enjoying large salaries, they are tied to the country by their creditors, to whom they are obliged to give
Trade and Travel in the Far East or Recollections of twenty-one years passed in Java, Singapore, Australia and China.
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Based on your income and debt, certified credit counselors will contact and negotiate with all your creditors to agree on a consolidated monthly payment amount.
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Our creditors 'rights practice has gone gangbusters, which is probably not a surprise," he added.
Law.com - Newswire
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For any such deal to be agreed, however, there has to be a majority above 75 per cent of the value of the creditors either attending the meeting or voting by proxy.
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Creditors could obtain a writ for the arrest of their debtors.
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Last year only 900 out of 26,500 bankrupts listed the student loan company as a creditor.
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Once you have dealt with your priority creditors, write to all your other creditors.
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The practice is designed to maximise returns to creditors and reduce job losses by ensuring that the failed business does not endure a lengthy period in administration.
Times, Sunday Times
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To judge of the perfection of debtors by the numerosity of their creditors is the readiest way for entering into the mysteries of practical arithmetic.
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Howsoever, let us leave this discourse, and from henceforwards do not hang upon creditors, nor tie yourself to them.
Five books of the lives, heroic deeds and sayings of Gargantua and his son Pantagruel
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If they are successful, the petitioner and general body of creditors will benefit.
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A pastor filed for bankruptcy protection from her creditors.
Christianity Today
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The sellers will have to show that the selling entities received fair value and that the transaction had economic substance above and beyond merely stiffing their creditors.
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These are precisely the rules applied by the Act to buy-backs by public companies, and the creditors’ consent to such action on the part of the company is not required.
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Other options available to the creditor include oral examination to see whether it is worthwhile trying to enforce the judgement.
Say Goodbye to Debt
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Shareholders could grow antsier, creditors angrier and, worst of all, taxpayers more alert to the details of any proposed plans.
Tepco's Accidental Bankruptcy?
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The applicant was the largest creditor of the corporation and substantially financed its incorporation.
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The company met with creditors this week to discuss its business strategy for the next three years.
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A creditor may appoint the official receiver to be his general or special proxy.
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The section could be relied on only by a future or contingent creditor of a company which had reached the end of the road.
Times, Sunday Times
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Now you're just another unsecured creditor at the bottom of a big sweating pile.
Times, Sunday Times
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A _bond_ is evidence of debt, specifying the interest, and stating when the principal shall be paid; a _certificate of stock_ is evidence that the owner is a part-owner in the corporation or company, not a creditor, and he has no right to regain his money except by the sale of his stock, or through the winding up of the company's business.
Up To Date Business Home Study Circle Library Series (Volume II.)
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There is a bargain that would make both creditors and debtors better off.
Times, Sunday Times
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This will force hundreds of thousands of middle-income debtors to make significant payments to creditors from their current income, even if they subsequently lose their jobs or suffer other economic reverses.
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The interests of a surety are imbalanced in a suretyship, which is based on the credibility and property of a person to ensure the satisfaction of the creditor's right.
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And foreign creditors are getting a double whammy, as bond prices have begun to fall in sympathy with the dollar.
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It was one of the most high profile Scottish business failures of recent years and left millions owing to creditors.
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But if Mr. Trichet got encouragement on the Greek front at the summit, he will have been dismayed at the bad-tempered standoff between the new Irish government and its creditors.
EU States Duck Financing Challenge
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For this reason, the Act restricts the creditor's right to terminate the contract, even in cases where his decision is not motivated by the debtor's default but is based on a specific termination clause in the agreement.
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Sometimes the creditors will include the parent company or the subsidiary next up the line.
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We inclose the statement of account which leaves us still creditors, owing principally to the unfavourable sale of the 'Remains'; and some additions must very shortly be made to the balance by the expenses of new editions of the Rural Tales and
Letter 409
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This dissertation studies ex ante screening device on creditor risk management in each representative pattern of inventory financing .
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A receiver can be appointed to a firm by a creditor, usually a bank, whose debt has been secured by a charge on some or all of the company's assets.
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The incentive of central banks to protect the interest of creditors has been increased by the globalization of the financial markets.
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The three C's that credit creditors look at when determining their qualification are capacity, character, and collateral.
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First, the techniques of self-help may create scope for opportunism on the part of secured as against unsecured creditors.
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The garage was later sold to Nissan for £200,000, allowing creditors to recoup some of the money they had lost.
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Wagner, in retreat from pursuing creditors and political enemies, was one.
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Even if a share of the cash value of the equity is protected, this does not prevent the creditors from demanding that the home be sold so that the remaining share can be realized to go towards satisfying the debt.
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Creditors can also contact their county sheriff who can seize and sell on goods belonging to the debtor in discharge of a debt.
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These are not covered under a government guarantee protecting senior creditors.
Times, Sunday Times
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This could wipe out unsecured creditors, who are owed up to €2 billion.
Times, Sunday Times
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The firm attributed the profit to rising prices and lower interest payments to its creditors.
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A man of family, partly from indiscretion, and from various other causes, becomes embarrassed; the clamours of his creditors soon magnify his luxuries, but not a word is said about their innumerable extortions, in the shape of commissions, percentages, and other licensed modifications of cheatery, nor are they reckoned to the advantage of the debtor.
The Mirror of Literature, Amusement, and Instruction Volume 10, No. 277, October 13, 1827
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Well, as he was a-going to depart this bachelor life, he did what every man in such suckmstances ought to do; he made his will, — that is, he made a dispasition of his property, and wrote letters to his creditors telling them of his lucky chance; and that after his marridge he would sutnly pay them every stiver.
The Memoirs of Mr. Charles J. Yellowplush
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While it is quite possible that the Secured Creditors did in fact receive what they might have received in a liquidation, that conclusion is to a large extent pure speculation — valuation in bankruptcy is always a matter of some guesswork, but in most cases the parties fighting over valuation get the opportunity to muster evidence and present their cases to an impartial decisionmaker in the adversarial setting.
The Volokh Conspiracy » Assessing the Chrysler Bankruptcy
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The judicial system now had to protect creditors instead of debtors.
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The risk for the purchaser is that the vendor may have understated the scope and extent of the creditors.
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I'm trying to keep my creditors at bay.
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Warranty holders will join the queue of unsecured creditors of the company which went into administration in September.
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In the case at bar it was clear that the plaintiff, as a creditor, objected to the proposal and did not assent thereto.
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You drastically cut back on basic necessities such as food or travel to pay creditors.
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If these companies enter into bankruptcy before you are repaid, you must wait in line with other creditors for payment.
Microeconomics: Price Theory in Practice
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And, in any event, the banks are at the head of the queue, so other creditors are unlikely to see a penny.
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It is seeking a standstill agreement with its creditors.
Times, Sunday Times
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Lawyers for the creditors say that some of the rushed deal was worked out literally on the back of an envelope.
Times, Sunday Times
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When Walter Scott failed, and Abbotsford was encumbered with a large debt, when his dream of restoring a kind of baronial life was all shattered, he did a grander work than in the building of that magnificent estate; for he strove with all the powers of his mind to earn the money which should repay his creditors.
Hold Up Your Heads, Girls! : Helps for Girls, in School and Out
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Tell creditors that you are sticking to your debt repayment plan.
Times, Sunday Times
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Daewoo's bankers and other creditors took a $49 billion haircut.
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This middleman takes a set payment from the borrower each month and divides it between the creditors.
Times, Sunday Times
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Pay punctually what you owe, especially to your poorest creditors, such as washerwomen and charwomen.
Times, Sunday Times
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The operative word in the definition of credit fee is ‘creditor’.
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When a company files for Chapter 11, that company is assigned a committee that represents the interests of creditors and stockholders.
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It included the unprecedented step of a board voting to sell a club against the wishes of its shareholders (a move made possible, according to the High Cou rt, by an agreement reached between the club and its main creditor, the Royal Bank of Scotland, last April which gave the club chairman wide-ranging powers).
What Now for Liverpool?
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New Business Card Pictures
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A creditor cannot come after an officer, director or shareholder to satisfy the obligations of the corporation.
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A Chapter 11 process would protect holders of its secured debt but leave unsecured creditors and landlords facing losses.
Times, Sunday Times
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Creditors were forced to accept interest-bearing government paper, a sort of forced loan.
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It is true that Western creditors have announced forgiveness of a substantial amount of their share of the debt.
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The favourable realisations have contributed to the increased creditor pay out,’ he said.
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_pass_ its dividends; secondly, the bondholder is a creditor, while the stockholder of the corporation is the debtor.
Up To Date Business Home Study Circle Library Series (Volume II.)
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Under UK insolvency law they're last in line to be paid when businesses are wound up behind former staff, secured creditors, liquidators and the tax man.
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The bank is currently the owner of some €77 billion of some of the dodgiest euro-zone sovereign debt money can buy, as well as a creditor to Ireland's banks to the tune of another €100 billion.
Draghi's Ascent
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A portion of their land was seized and sold to satisfy their creditors, and shortly thereafter they sold the rest of their land, apparently out of dire necessity.
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The workers who lost their jobs and the creditors who were owed nearly 1.3 billion by the collapse deserved no less.
Times, Sunday Times
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This includes not just creditors but, above all, the little man who is forced to keep his meager savings in the form of cash, i.e., paper money open to plunder by the prodigal which is the consortium of the banks and the government.
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Make other clubs the least preferential creditors; they know what they're getting into.
Times, Sunday Times
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The clause had as its primary focus legislation designed to repudiate or adjust pre-existing debtor-creditor relationships that obligors were unable to satisfy.
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A creditor holding a purchase money mortgage or deed of trust on residential property must foreclose on the property, and cannot recover any deficiency.
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Creditor business continues to be affected by the poor economic climate but rating action has resulted in some improvement in Q2.
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The report also outlined the role agricultural cooperatives, the largest creditors to the mortgage companies, played in the fiasco.
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Other financial maneuvers can be made that hurt small unsecured creditors by leaving less money on the table.
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And unsecured creditors are always at the bottom of the totem pole.
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It is understood that the sum paid is insufficient to cover unsecured creditors owed 70 million.
Times, Sunday Times
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They are assumed to share a ratable claim on the unpledged value of the company with other unsecured creditors.
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The proper course in those circumstances was to rescind the order on the basis that, had the creditor known of the petition, the petition debt would have been secured.
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An amalgamation or transfer of engagements in pursuance of section 50, 51 or 52 of this Act shall not prejudice any right of a creditor of any registered society which is a party thereto.
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A system of income payment agreements aims to make it easier for bankrupts to make payments to creditors and bankruptcy restriction orders cover a variety of conduct.
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A £10m fundraising exercise has yet to materialise and several of AssetCo's directors have quit as the company battles a winding-up order from creditors.
London's fire engines may be sold off if leasing firm AssetCo collapses
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If you have vouchers for a company that has gone under, you become an unsecured creditor of the business and can make a claim with the administrators.
The Sun
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The alienee of a devisee shall hold discharged from the demands of specialty creditors of the de - visor.
Reports of cases argued and determined in the Court of exchequer, from Easter term 32 George III. to [Trinity term 37 George III.] ... both inclusive. [1792-1797]
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Some laws did, and some did not, provide for ratable division of assets among all creditors.
A History of American Law
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Financial business was disrupted as debtors died and their creditors found themselves without recourse.
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It enables any transaction at an undervalue to be avoided by the trustee in bankruptcy, if it was made with the intention of defeating the claims of creditors.