Sentence examples for creditor access from inspiring English sources

This gives the creditor access to the bank account, which means it can keep deducting money from the account once the debt settlement is paid.

The second new debtor-friendly Florida law (both were signed into law May 31) restricts creditors' access to limited liability company assets.

(The trust is named as a "designated beneficiary" of the IRA and it contains special "spendthrift" language limiting how much power the owner has over the trust assets–and thus creditors' access to those assets).

Their goal is to strike a deal that will allow foreign creditors to access more than £9bn of foreign currency assets tied up with the three banks' administrators and barred from exiting Iceland.

That is, we end up with more risky loans because financial firms – and their creditors – expect access to emergency loans.

Without loans from official creditors or access to the international bond markets, Greece has so far covered its financing needs by resorting to extraordinary and controversial measures.

A defaulting country would need the agreement of creditors to gain access to new private finance.

Her plan would require nations to restructure their debt, which would mean losses for private-sector creditors, before getting access to E.U. funds.

But it has so far failed to come up with terms acceptable to its creditors, meaning its access to funds remains limited.

Owing to the fragmentation of the euro zone, the deposit rate mainly affects banks in northern creditor countries, which can access the money markets.

If the insurer were to go bankrupt, creditors would not have access to these funds.