Sentence examples for creditor payments from inspiring English sources

The nearby state of Illinois has spent twice as much money as it has collected and is about six months behind on creditor payments.

"It's basically anything football related - the players' salaries, Mr Cooper and Mr Dryden's severance - those are the sort of football creditor payments that would have to be met if this club were to continue".

"We were able to establish reasonable payment plans with them but I think you get to a point where enough is enough and I think what we want to do as a club is move forward and prioritise those creditors payments.

US cities tend to default more than European municipalities as they usually rely on bonds issued to investors, which enter into a default if the creditor misses payments.

Never agree to let the creditor deduct payments from a bank account through automatic withdraws.

[C11.] Adelphia Creditors Fight Payments Lawyers for bondholders and other creditors of Adelphia Communications have asked a bankruptcy court to restrict payments of $300 million intended for Adelphia's banks.

Treasury Secretary Jacob J. Lew informed Congress this week that without that increase by mid-October, the nation might be unable to pay existing obligations, including Social Security benefits, troops' pay and creditors' interest payments — ultimately risking default.

Consequently, the sooner the creditor receives payment, the less the debtor is required to pay in interest.

Mr. Tierney's allies have made a "stalking horse" offer, offering the creditors partial payment to wipe out the debts, but not ownership.

Several of Kmart's creditors, awaiting payment of millions of dollars in debts owed at the time Kmart declared bankruptcy, did not return telephone calls seeking comment on the agreement.

At some point in this gloomy scenario, Japanese and other creditors demand payment from Americans.