Sentence examples for Pay off creditors from inspiring English sources

The bid would serve to pay off creditors and keep most of the retailer's employees.

This is intended to release as many assets as possible to pay off creditors.

Under Florida law, one's home is protected from being sold to pay off creditors.

The proceeds of the sale benefit the Lehman estate, which will pay off creditors.

That could mean that there would be less money available to pay off creditors.

If completed, the proposed sale would help raise money to pay off creditors of Residential Capital, known as ResCap.

That could lead to Lehman's ending its bankruptcy and paying off creditors as soon as early next year — some three years after its Chapter 11 filing touched off a global financial crisis and reshaped banking.

On CNBC on Sunday, no less a figure than the chief executive of Moody's, Raymond W. McDaniel Jr., endorsed one popular bit of Wall Street magical thinking: that the Treasury Department could simply prioritize its payments of Treasuries, paying off creditors before any other bills.

Kevyn Orr, the emergency manager appointed by Michigan's governor to oversee and stabilize Detroit's finances, has insisted that the art museum share in the pain of paying off creditors, to the tune of $500 million.  .

While MF Global's brokerage arm represents customers of the bankrupt firm, its holding company is charged with paying off creditors.

Holly's food stamps cover groceries, but she and Mr. Wilson only occasionally pitch in on other bills because they have been focused on paying off creditors, as well as friends and relatives who have lent them money.