Individually, student debt is an incapacitating burden.
Thus, stockholders under certain statutes have a personal liability making them individually responsible for the debts of the corporation to the extent of the par value of their stock or some other specified limit.
If a couple has shared debt, each is individually liable for it regardless of who incurred it during the marriage.
This demanded politically-enforced coordination, because while each country benefits from everyone elses spending, the debt burden is held individually.
The reality is that the Trump Organization is actually just a string of interlocking LLCs that each individually own specific properties and specific debt.
Partnerships are often similar to a sole trader set-up – only they have more than one owner, and each can be individually liable for the business's entire debt, if one partner walks out, for example.
Our challenge is to show our fellow Americans that we share common values, such as entrepreneurship, choice, fairness, debt reduction -- both nationally and individually, and good health.
Under the guise of saving them from the burden of the national debt, we have as a society saddled each one, individually, with impossible personal finances, from life-altering debts to career-changing rents and scant or, at the start, nonexistent wages.
It is important for you to know whether you would go into a committed partnership with joint debt, or debt that will continue to be paid off individually.
As The Santiago Times reports, the now-defunct university will have to individually sue each student whose promissory note was burned, in order to continue to collect on the student loan debt.
