Sentence examples for creditor enforcement from inspiring English sources
This would ensure that people struggling with debts get protection from additional fees, charges and creditor enforcement action for a temporary 12-month period to stop worsening debts and recover control of their finances.
Accordingly, bankruptcy proceedings are viewed as general or universal collection procedures as distinguished from individual collection remedies available to particular creditors for the enforcement of their claims.
She continued: "Unfortunately this isn't always the case at the moment and while we do see some good practice, we also see cases where people doing all they can are still being harassed by creditors and threatened with enforcement action, extra costs and added stress".
In Spain, in both cases the creditor may recourse to a judicial enforcement (if performed by a judge) or an out of court enforcement (if performed by a notary).
Over time, new forms of enforcement developed, forcing creditors to evaluate borrowers by using indicators of their individual merits.
A counselor helped Mr. Brown write letters to the creditors, file affidavits and contact law enforcement officials.
We examine how contract provisions in sovereign debt contracts improve the efficiency of creditor control outside the realm of legal enforcement.
A typical intercreditor agreement directs future distributions post-default by the issuer and defines subject creditors' ability to participate in both future enforcement actions against collateral and financial restructurings of the issuer.
U.S. bankruptcy law grants special rights and immunities to creditors in derivatives transactions, including virtually unlimited enforcement rights.
Further, we differentiate between legal rules designed to protect individual creditors' claims outside bankruptcy (Collateral) and the collective enforcement regime bankruptcy establishes (Bankruptcy).
The first term is "enforcement date", which is the date when the creditor first serves judgment enforcement process on the series organization and/or the protected series.
