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The amount of debt we have incurred to pay for therapy almost matches our mortgage payment".
Under this scenario, another £48bn of costs are incurred to pay fines and legal costs – more than the £40bn hit the banks took between 2011 and 2015.
However, most colleges will not make adjustments for capital gains, regardless of whether they are incurred to pay college bills or for other purposes, because of the discretionary nature of capital gains.
It is hardly clear that even if AOL Europe does become profitable it will produce a return to justify such a big cash outlay and the indignities of the debt AOL Time Warner incurred to pay it.
"It's economic coercion, psychological coercion, the debts that are incurred to pay recruiting fees to come to the country.
As bankruptcy attorney Craig Andresen says, "For example, perhaps you were not an "eligible student" at the time the private student loan was made to you; or maybe the loan was not incurred to pay 'qualified education expenses'; or perhaps the loan was not for attendance at an 'eligible education institution' because the school was not accredited under Title IV of the Higher Education Act.
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The deal had been roundly criticized for the generous pay packages given to the executives involved and for the $3.4 billion in debt that would be incurred to help pay for it.
These debts were incurred, not to pay for public programs, but by private wheeler-dealers seeking nothing but their own profit.
"The AST has repeatedly stated that we are generally opposed to a takeover and would fight any plans that require the club to incur debt to pay for a takeover, as has happened at Manchester United and Liverpool.
The resultant profit would be handed to the government as a special dividend and used to pay off debt incurred to finance transfers to eastern Germany.
"Deciding whether or not to pay the debts incurred to fund the previously approved tax and spending is nuts," responded Anil K. Kashyap of the University of Chicago.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com