Sentence examples for creditors on time from inspiring English sources
But what precisely happens when countries stop paying what they owe?When a country fails to pay its creditors on time, it is said to go into "default", the national equivalent of going bankrupt.
The Anstaltslast obliges the owners to make sure that the banks always have enough money to pay their creditors on time; the Gewährträgerhaftung means that the guarantors are liable to pay creditors should a bank's assets prove insufficient.For some time, the commission has been considering whether these constitute illegal state aid.
If you are managing your cash flow well and have a history of making payments to your creditors on time, you should be able to open a business line of credit for times when business slows down.
It said the country was committed to honouring its financial obligations to its creditors, and on time.
But the request showed that the Greek government itself is no longer confident it will be able to agree with creditors on reforms in time to unlock the bail-out funds it needs to avoid default.
Mario Draghi, head of the ECB, has made it clear that such a concession would be possible only if a "credible perspective" for a "strong" agreement allowing disbursements of funds has been reached.Today's decision by creditors calls time on the negotiations.
They want to lend to people who have a record of on-time payments to creditors.
Typically, consumers who are behind on their mortgages but hoping to stay in their homes invoke Chapter 13 bankruptcy because it puts creditors on hold, giving borrowers time to put together a repayment plan.
If you regularly pay your bills on time, the creditor may show its appreciation by offering rewards points when you have no late payment for a specific period of time.
Paying at least the minimum on time for each creditor is crucial, but you can also improve your credit by reducing your overall debt.
He said today that the hearing would be postponed until Sept. 9 to give creditors more time to obtain information on the company's changing financial prospects.
