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The purchase has retired the orchestra's debt, including loans incurred to buy the instruments, Mr. Gremillet said.
And in regards to the loans incurred from Davis' time at TCU and Harvard, Slater writes, "In November 2003, Wendy Davis moved out.
Last year, 15 former Corinthian students launched the nation's first student debt strike, refusing to pay back loans incurred to attend for-profit Corinthian Colleges.
Many large power and steel plants lie idle for want of a licence to mine the coal needed to fuel them, even as the bank loans incurred to fund such projects sour.
The government has said that it would be more expensive to close Anglo Irish, which is weighted with bad loans incurred during Ireland's debt-fueled real estate boom, than to continue it as a smaller institution.
In the United Kingdom, debt or loans incurred by local authorities are referred to as corporation, or county, loans, thus distinguishing them from central government debt, which is frequently referred to simply as funds.
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What's more, about one in six loans incurs a repossession fee of about $350 to $400, which is added to the borrower's balance, leaving the consumer even more in debt, despite also losing the car.
Having failed to complete or sell its mansions in time, it entered default on those initial bank loans, incurring fees and fines, and punitive interest payments of up to twenty-five per cent.
The lawsuit lists worries that have been voiced by many Target regulars: that identity thieves could use the stolen data to take out loans, incur charges, file fake tax returns or commit immigration fraud.
If consumers can't repay the loan in full, they must extend the loan, incurring additional fees and interest, or risk losing their vehicle.
In practice, many borrowers are unable to repay their initial loan in full within two weeks, and so they pay only the fees owed and roll over the balance into another payday loan, incurring another round of fees.
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