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This, and the similar TSB Lend a Hand mortgage, involve a savings account being opened alongside the home loan which attracts interest but also acts as an asset in case of default.
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These are different from prenuptial agreements, which are used to protect marital assets in case of death or divorce.
His case was funded by the United Motorcycle Council of Queensland, who chose him for his lack of assets in case of an unfavourable costs order.
When a lender files a lien, it places the lender in a position to be able to take a borrower's assets in case of default.
It is also typical that the cover pools are fenced off from the bank's other assets in case of a default, and are overcollateralized, so that the market value is in excess of the face value of the bonds that it backs.
Page A10 HOUSE PANEL EXAMINES DEAL The Energy Department may have made a decision without precedent when it allowed Solyndra, the solar technology company, to restructure its loans so private investors -- not the government -- would have first call on its assets in case of liquidation, two Treasury Department officials acknowledged.
WASHINGTON — The Energy Department may have made a decision without precedent when it allowed Solyndra, the now bankrupt solar technology company, to restructure its loans so private investors — not the government — would have first call on its assets in case of liquidation, two Treasury Department officials acknowledged Friday before a House subcommittee.
Incorporation can provide important tax benefits (remember, donations from viewers through streaming platforms such as Twitch are not gifts and must be reported each year as income), allow for the deduction of normal business expenses, better protect any personal assets in case of legal action, and increase the streamer's credibility.
Whether you're buying or renting, it's important to cover your assets in case of an accident.
The office was able to begin operations, located in the Equitable Building, just weeks after the outbreak of the war and was intended as a safe place to store assets in case of an invasion.
It will be allowed to freeze and confiscate assets in cases of suspected wrongdoing.
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