It's an expensive process, and it often fails to pay off.
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Generally, a landlord can evict a tenant who fails to pay rent.
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When a client fails to pay, freelancers often end up with little recourse.
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Trade credit insurers provide coverage to companies for when a customer fails to pay.
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If he fails to pay, he could face additional jail time, according to court documents.
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If the tenant fails to pay the rent, the landlord could sue you for it.
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If your bookie fails to pay out your winnings, you have no recourse, legal or otherwise.
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If Argentina fails to pay those funds by April 14, the agreement can be terminated, said Pollack.
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If you find a member who is not serious or fails to pay, please report him/her.
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One advantage of the proliferation of welfare schemes is that if one of them fails to pay out, others might.
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It is nevertheless remarkable that the world's pre-eminent power so frequently fails to pay for its government on time.
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If a company with 100 workers fails to pay its employees, she said, the employees have to file 100 complaints.
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However, Wanda's liquidity position could face substantial pressure if it fails to pay its offshore creditors that are demanding early repayment.
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Van Hollen expressed concern that if Trump fails to pay back his loans, Deutsche Bank would have to sue the president.
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Then, if the owner fails to pay their debt on time, the investor takes full title to the property, free and clear.
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If the U.S. fails to pay its bills, it would mean a default that would damage the economy and roil global markets.
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If that loan has a cross-default provision, Russia — in theory — could demand that chunk of Citgo if Venezuela fails to pay on Friday.
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It's a whopping £24 a day for most affected and any driver who fails to pay the fee will be hit with a £160 fine.
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Republicans have steadily insisted for almost four decades that tax cuts are free, even as each new round of tax cuts fails to pay for itself.
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O'Donnell said strikes could also erupt if PDVSA fails to pay its workers, many of whom are scraping by as soaring inflation erodes their purchasing power.
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That decision reasoned that there was no violation of the takings clause until the state or local government fails to pay just compensation after state-court litigation.
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"Employees have the right to file a complaint if an employer fails to pay, but rarely do in fear of repercussions," reported China Briefing, a newsletter of the consultancy, Dezan Shira & Associates.
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"If the primary cardholder fails to pay on time or is otherwise irresponsible with the card, though, that negative item can also show up on the authorized user's credit reports," Ganotis adds.
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Mr. Trump's task force does not address the president's other complaint about Amazon: that the online retailer fails to pay sales taxes, giving it an unfair advantage over brick-and-mortar businesses.
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A tax lien is placed on a property by a municipality or city when the owner fails to pay real estate taxes, as well as water and sewage bills, in a timely manner.
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That contingency planning covers a scenario in which "the UK also fails to pay what is envisaged" under the current EU budget, which Britain is part of, Bertaud told a regular news briefing.
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Under the terms of the settlement, which was approved by a San Francisco judge today, if Uber fails to pay the $10 million within 60 days, the company must pay an additional $15 million.
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A letter of credit is a document from a bank guaranteeing that payment to a seller is made on time and ensuring that the bank will pay the seller if the buyer fails to pay.
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This aims to protect the domestic worker if an employer fails to pay wages, or the maid is subjected to abuse, such as physical or sexual violence, and requires compensation and financial aid to return home.
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He could also be barred from the country for five years or from mountaineering in Nepal for up to 10 years, while facing jail time if he fails to pay the fine, the Nepali authorities said.
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This payment, or margin, is part of the defences that a clearer calls upon to make a trade good if either counterparty fails to pay: DB and LSE combined hold €150 billion ($170 billion) in such collateral.
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Apple Music, after all, didn't exactly light the world on fire at launch, and Apple's got no shortage or revenue streams at the moment, so it certainly won't go bust if its billion-dollar investment fails to pay off overnight.
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Venture capital-backed sites like BuzzFeed, Vice, Bustle, Refinery29 and Group Nine have sought mergers in the last year, arguing that scale and cost savings are crucial at a time when digital advertising, dominated by Google and Facebook, fails to pay the bills.
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The Financial Conduct Authority (FCA) said on Tuesday that Dharam Prakash Gopee, who has been on home detention since serving about half of a three-and-a-half year jail term, could face a further 11-year jail sentence if he fails to pay up.
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Wanda's USD1.2 billion in offshore bonds contain cross-default clauses that will likely be triggered if it fails to pay any amount required, or if debts "become due and payable prior to its stated maturity by reason of any actual default, event of default or the like".
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All will likely run elaborate behind-the-scenes ticktocks when the strategy fails to pay off and a stream of disgruntled aides start calling up their favorite reporters to bitch about all the time and money Michael Bloomberg has wasted on his vanity campaign for president.
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Wanda's USD1.2 billion in offshore bonds contain cross-default clauses that are likely to be triggered if it fails to pay any amount required, or if debts "become due and payable prior to its stated maturity by reason of any actual default, event of default or the like".
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But more often than not, licenses are suspended for outstanding debt: If a person fails to pay a traffic ticket or does not show up in court to dispose of it, the court can notify the Department of Motor Vehicles, which then imposes a "scoff" — short for scofflaw — that suspends the person's driving privileges until the debt is paid.
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The developer, who was married to RHOBH alum Yolanda Hadid, also reportedly said his mansion requires immediate attention with the need to be physically secured or protected from the weather, according to TMZ, which also reported that local taxpayers would have to pay the mansion's expenses if Hadid fails to pay the estimated $5 million to demolish it.
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While state regulations vary, evictions are usually allowed when a resident fails to pay facility charges, doesn't follow a facility's rules or becomes a danger to self or others; when a facility converts to another use or closes; and when management decides a resident's needs exceed its ability to provide care -- a catchall category that allows for considerable discretion.
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"It is amazing that a president presiding over a state which fails to pay its workers on time, a country with a sea of poverty and going through one of the worst droughts in living memory and hunger, can see it fit to spend a million dollars celebrating his life, which has meant nothing but suffering for us," said Caleb Moyo, 34, a bus driver who described himself as a former local organizer now disillusioned with the president.
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In certain jurisdictions, if a storage facility's tenant fails to pay rent, the contents of their locker(s) may be sold at a public auction. Several television shows focus on such auctions, including Storage Wars and Auction Hunters.
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Bedouin tribes are typically held responsible for the action of their members; if the accused fails to pay a fine, the accused's tribe is expected to pay and becomes obligated to the tribe.Of Bedouins and Tasting Fire by Larry W. Roeder, Jr.
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As the mortgagee, the lender has the right to sell the property to pay off the loan if the borrower fails to pay. The mortgage runs with the land, so even if the borrower transfers the property to someone else, the mortgagee still has the right to sell it if the borrower fails to pay off the loan. So that a buyer cannot unwittingly buy property subject to a mortgage, mortgages are registered or recorded against the title with a government office, as a public record. The borrower has the right to have the mortgage discharged from the title once the debt is paid.
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In the case of a secured promissory note, the lender accepts the promissory note based on the maker's ability to repay, but the note is secured by a thing of value; if the maker fails to pay and the bank reclaims payment, the lender has the right to execute the security.
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They threaten to conscript the girl if her family fails to pay the money. On the night that her parents are supposed to pay the demanded money, the child slips away from the house just as the L.T.T.E visit them. Since the L.T.T.E. get neither the money nor the girl, they gun down her parents.
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In this regard, it is a constructive dismissal if an employer fails to pay an employee. An employer's breach of the employment contract releases the employee from their obligation to perform under the contract, and thus allows them to treat themselves as dismissed without notice. Hence, a constructive dismissal always becomes a wrongful dismissal.
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If the customer fails to pay, an interest would be added to the owed amount. The fee would be charged when the customer attempts to renew their driver's licence. Highway 407 primarily serves Markham from Yonge Street to York-Durham Line. The highway connects Markham with Clarington to the east, and Burlington to the west.
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But by the results of the games finished season on the 11th place with 37 points and lost chances for playoff. After the end of the regular season Basketball clubs association "Superleague" applied penalties against teams who fails to pay the entry fee. "Politehnica- Halychyna" lost other one point, but finished Championship in 10th place.
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If the taxpayer fails to pay the tax within the ten-day period, the tax lien arises automatically (i.e., by operation of law), and is effective retroactively to (i.e., arises at) the date of the assessment, even though the ten-day period necessarily expires after the assessment date. Under the doctrine of Glass City Bank v.
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If a property owner fails to pay the tax, the taxing jurisdiction has various remedies for collection, in many cases including seizure and sale of the property. Property taxes constitute a lien on the property to which transfers are also subject. Mortgage companies often collect taxes from property owners and remit them on behalf of the owner.
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Undeterred by its US$1,200 price, Bart orders a purebred collie. When the dog arrives, Bart learns his name is Laddie and he is trained to perform several tasks. The Simpsons fall in love with the new dog and neglect Santa's Little Helper. When he fails to pay his credit card bill, Bart gets a call from a debt collection agency demanding payment.
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He was also given six concurrent sentences of 10 years' imprisonment for the other six charges. If he fails to pay the fine, he will be serving another five years in prison. He would be appealing against the verdict of the High Court. He also faces another four trials for the rest of the charges he has yet be tried for.
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Court auction is an auction which takes place at a public location designated by the court. If a property owner fails to pay the mortgage, the mortgage holder can foreclose on that property. If the owner is unable to make sufficient payments, the property can be sold at auction. The time and place of the auction is published in official records.
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Russia journal; prison gave an artist career in the skin trade. The Washington Post. In addition to voluntary tattooing, tattoos are used to stigmatize and punish individuals within the criminal society. These tattoos may be placed on an individual who fails to pay debts in card games, or otherwise breaks the criminal code, and often have very blatant sexual images, embarrassing the wearer.
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A standard fare on Dublin Bus is €50. On Luas, it is €45. While these fares are far in excess of the maximum cash fares (€6 on Dublin Bus, €4 on Luas), legally they are not fines. However, any person who fails to pay a standard fare within a defined time (usually 21 days) after incurring it is liable to prosecution.
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He was fined BND$500 and given a two-match suspension which would be doubled if he fails to pay the fine. Hardi moved to Kota Ranger FC for the 2017 Brunei Super League season. He scored his first goal for the Rangers on 28 July against his former team Indera. He was able to win the Brunei FA Cup in the 2018-19 season.
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The survivors of the boat are detained in a jungle camp. A big amount between Tk. 2 lakh and 3.5 lakh is claimed from the victims as ransom [30] . The detained persons are not sent to country of destination, especially Malaysia if they fail to pay ransom claimed. If anyone fails to pay the ransom, he is used as slave or killed by the traffickers.
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A brilliant but irresponsible scientist, Dr. Tony Nelson, develops an electronic amplifier that he hopes will allow any object to achieve a 4th dimensional (4D) state. While in this state, any object can pass freely through any other object. Tony, however, fails to pay attention to the overload, which sparks an electrical fire that burns down his lab. This results in the university terminating his contract.
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Report on Magda's sentence of life imprisonment Given that before 1998, all life sentences were, at minimum, 25–30 years' imprisonment, he is expected to remain behind bars until at least the year 2020, unless he dies beforehand. In 2005 he was fined 40,000 HUF for having attacked a prison guard 18 months before. If he fails to pay this fine his imprisonment will be extended by 200 days.
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Nick enlists Natalie in his plan to rob his grandmother, Audrey Roberts (Sue Nicholls), in return for some of the money. When Nick fails to pay her, Natalie arrives in Weatherfield to confront him. Nick's partner, Leanne Battersby (Jane Danson), spots them speaking, so he claims that Natalie is his divorce lawyer. Nick's brother, David Platt (Jack P. Shepherd), realises that Natalie is involved in the scheme and confronts Nick.
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The lender can then take the promissory note to a financial institution (usually a bank, albeit this could also be a private person, or another company), that will exchange the promissory note for cash; usually, the promissory note is cashed in for the amount established in the promissory note, less a small discount. Once the promissory note reaches its maturity date, its current holder (the bank) can execute it over the emitter of the note (the debtor), who would have to pay the bank the amount promised in the note. If the maker fails to pay, however, the bank retains the right to go to the company that cashed the promissory note in, and demand payment. In the case of unsecured promissory notes, the lender accepts the promissory note based solely on the maker's ability to repay; if the maker fails to pay, the lender must honour the debt to the bank.
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Penalty for Failure to Timely Pay Tax: If a taxpayer fails to pay the balance due shown on the tax return by the due date (even if the reason of nonpayment is a bounced check), there is a penalty of 0.5% of the amount of unpaid tax per month (or partial month), up to a maximum of 25%. Penalty for Failure to Timely Pay After Issuance of Notice: If a taxpayer fails to pay any additional tax assessed by the IRS (usually as a result of an audit) the taxpayer may be liable for a penalty equal to 0.5% for each month (or partial month) during which the failure continues, if the amount is not paid within 21 calendar days after the date of an IRS notice demanding the payment. If both the failure to file and the failure to pay penalties apply during the same month, then the failure to file penalty is reduced by 0.5% each month.
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Goldie (pictured) portrayed Angel Hudson from 2001 until 2002. Paul tries to get the money by stealing property from his mother, Audrey Trueman (Corinne Skinner-Carter), pawning the goods and gambling the money he receives. This fails and he ends up with less money than he began with. At the end of the week, Angel comes to collect his money, and when Paul fails to pay, Angel gives him a severe beating and trashes his mother's bed and breakfast.
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The summons server must endorse the summons with the date of service within 3 days of having served it; #the debtor has 14 days after the service of summons within which to pay the sum or apply to court to have the summons dismissed; and #if the debtor fails to pay the debt or to apply to have the summons dismissed with the 14 days, he will be deemed to have committed an act of bankruptcy.
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Under the Sale of Goods Act 1979 s.41, the seller is entitled to exercise a possessory lien over the vessel until payment by the buyer. Also, the seller is entitled to resell the vessel to another buyer if the buyer fails to settle the payment in time. An unpaid seller may bring an action to recover the sale cost where the buyer has acquired the property in the ship but refuses or fails to pay the price.
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It quickly transpires that Paul owes Angel money, and Angel - after recognizing Paul - threatens to harm him unless he pays up. Paul tries to get the money by stealing property from his mother, pawning the goods and gambling the money he receives. This fails and he ends up with less money than he began with. When Angel comes to collect his money, Paul fails to pay, so Angel gives him a severe beating and trashes Audrey's bed and breakfast.
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Roger briefs his forces near a stream, who are awaiting orders to move out. However, tragedy strikes when Matsugae, who is filling up Roger's camel bag in the stream, fails to pay attention to the water and is subsequently attacked by a damncroc. Roger's troops manage to kill the creature but not in time to save Matsugae's life. As Roger prepares to conduct a short ceremony over Costas' body, Pahner comms in and orders his troops to move further down South.
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Narrating the episode, Bart looks back upon his failures with girls, particularly Mary Spuckler. At Springfield Elementary School, Bart realizes that Mary has returned to Springfield and has been welcomed back to her family after the events of "Moonshine River". Though they pursue a relationship, Bart fails to pay enough attention to Mary and is instead focused on video games. Despite Lisa's warnings, Bart continues to take Mary for granted until she tells him that they should take a break.
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An attorney may voluntarily terminate the attorney-client relationship at any time and without reason, if this will not have a material adverse effect on the interests of the client. Even if the withdrawal will be adverse to the client the attorney may still withdraw for a number of reasons: # The client is engaged in illegal or fraudulent activity. # The client fails to pay fees as agreed. # The financial burden on the attorney of continuing the representation is too great.
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The first match, which was played in "farcical conditions after a thunderstorm flooded the Easter Road pitch", ended in a 1–1 draw.Intertoto gamble fails to pay off for Hibees, Edinburgh Evening News, 12 July 2004. In the return match, Vetra sat back and allowed Hibs the majority of ball possession, but they were unable to create more than a few goalscoring chances from this. A goal resulting from an error by young goalkeeper Alistair Brown condemned Hibs to defeat.
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In Texas, payday lenders are prohibited from suing a borrower for theft if the check is post-dated. One payday lender in the state instead gets their customers to write checks dated for the day the loan is given. Customers borrow money because they don't have any, so the lender accepts the check knowing that it would bounce on the check's date. If the borrower fails to pay on the due date, the lender sues the borrower for writing a hot check.
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Mahalingam plays the part of Sukumar, the son of a black-marketeer who falls in the company of evil friends and invests his money in making a film in accordance with their advice. However, the film never sees the light of the day and leaves Sukumar heavy in debt. He is eventually questioned by financiers and when he fails to pay them, is dragged to court. How he is rescued from his perilous situation forms the climax of the story.
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A bankruptcy notice can be issued where, among other cases, a person fails to pay a judgment debt. A person can also seek to have themself declared bankrupt by lodging a debtor's petition with the "Official Receiver", which is the Australian Financial Security Authority (AFSA). To declare bankruptcy or for a creditor to lodge a petition, the debt must be at least $5,000. All bankrupts must lodge a Statement of Affairs document with AFSA, which includes important information about their assets and liabilities.
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Job fraud refers to fraudulent or deceptive activity or representation on the part of an employee or prospective employee toward an employer. It is not to be confused with employment fraud, where an employer scams job seekers or fails to pay wages for work performed. There are several types of job frauds that employees or potential employees commit against employers. While some may be illegal under jurisdictional laws, others do not violate law but may be held by the employer against the employee or applicant.
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The term registered owner is usually used in instances of title of a vehicle (such as an automobile) to refer to the person who has right of possession of the vehicle, as opposed to the party that has right of property. The party that has right of property is referred to as a lienholder, and in the event the registered owner fails to pay off the lien according to the agreed-to terms, the lienholder has the right to invoke repossession of the vehicle.
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Retrieved on 21 October 2011. but after the event took place refused to pay.Ethiopia fails to pay world pageant beauties their money. Ethiomedia.com. Retrieved on 21 October 2011. Following claims of failure to pay major bills,Gaas Mohamuda (Ethiopia). Afdevinfo.com (18 April 2006). Retrieved on 21 October 2011.www.meadna.com. www.meadna.com. Retrieved on 21 October 2011. in December 2009 the company commenced formal legal action in the British courts, seeking a total payment of US$1,022,810.52, comprising US$488.500.00 principal debt and US$543,310.52 interest and late fees.
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In general, preferred stock has preference in dividend payments. The preference does not assure the payment of dividends, but the company must pay the stated dividends on preferred stock before or at the same time as any dividends on common stock. Preferred stock can be cumulative or noncumulative. A cumulative preferred requires that if a company fails to pay a dividend (or pays less than the stated rate), it must make up for it at a later time in order to ever pay common-stock dividends again.
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For example, the court may not allow you to reaffirm a debt of $3,000 for a vehicle that may be worth $1,000. If a debtor reaffirms a debt and fails to pay it, the debt remains owed as though there were no bankruptcy and the creditor can take action to collect the debt. This reaffirmed debt is not discharged or wiped out by the bankruptcy filing. The Court does not need to approve a reaffirmation agreement which applies to consumer debt secured by real estate.
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Yzma is Kuzco's primary parental guardian and advisor. In the English version, she was voiced by Eartha Kitt, who received three Annie Awards and two Emmy Awards for the role. Yzma's character in the series is seen to be cruel, but comically eccentric, often calling herself beautiful even though all other characters in the series consider her appearance "scary beyond all reason". She is intelligent and comes up with grandiose plans and schemes with a set objective in mind, but fails to pay attention to the minor details of it.
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Lee Wai-yam (), portrayed by Bella Lam, is an employee at Tiu Lan's hair salon. Her gambling-addicted father sells her into prostitution to the Fung brothers to pay off his debts. With the help of Tiu Lan, Kuen, and Fung, Yam-yam escapes the walled city and finds a job at a newspaper agency in the main city with her father. Yam-yam dreams to be a news columnist, but her dream never gets realised as her father sells her again to a gambling parlor triad boss after he fails to pay his debts.
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Marian Hacket is said to be the landlady of an ale house, who allows Sly to build up an unpaid tab of 14 pence, but ejects him when he fails to pay up (presumably the same person as the "hostess" who appears at the beginning of the play). Reference is also made a barmaid called Cicily Hacket, probably Marian's daughter. A Hacket family lived in Wincot at this time, but it is not known whether Marian and Cicily Hacket were real innkeepers.Honan, Park, Shakespeare: A Life, Oxford University Press, 1998, p.135.
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The insurance premium is paid by the insured banks itself. This means that the benefit of deposit insurance protection is made available to the depositors or customers of banks free of cost. The Corporation has the power to cancel the registration of an insured bank if it fails to pay the premium for three consecutive half-year periods. The Corporation may restore the registration of the bank if the bank makes a request and pays all the amounts due by way of premium from the date of default together with interest.
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Upon their departure, John learns that his brother has been arrested as a suspect in the stabbing. The next day he finds that his brother's bail has been set at £15 by the Sheriff court. He robs a bus driver at knife point to raise the money, but fails to pay the sum in time. John becomes increasingly confrontational, throwing a glass bottle at a passing police officer, as he hangs out with the Young Car-D in a park, which results in them ostracizing him for attracting police attention.
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The criminals ask for a 1 million dollar ransom, and threaten to cut off parts of Allison's body if her father fails to pay it on time. Dragon, Mandril and Tony Blades, are the former members of a group called La Gran Sangre, which in other times dedicated to solve similar cases and to defend those who were in need. Separated for many years, each one lives their own life not knowing each other's whereabouts. From different sides of the city the three of them watch the news and feel profound indignation.
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The main day-to-day risk is that part of the transaction fails; this is called execution risk. The main, rare risks are counterparty risk, and liquidity risk: that a counterparty to a large transaction or many transactions fails to pay, or that one is required to post margin and does not have the money to do so. In the academic literature, the idea that seemingly very low risk arbitrage trades might not be fully exploited because of these risk factors and other considerations is often referred to as limits to arbitrage.
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The Achievers is a 2006 ensemble comedy-drama film by Asian-American director Abraham Lim about slacker roommates living in San Francisco. After one unemployed roommate named Shingo (Akie Kotabe) fails to pay the rent and gets an eviction notice, he devises a scheme to make Ecstasy tablets to get the rent money. This plan goes awry when another roommate, Murphy (Dave Lee) thinks the pills are allergy tablets. A third roommate, Ellen (Samantha Quan), struggles to keep her relationship with a Caucasian man and her precarious office job in this challenging period.
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In finance, default is failure to meet the legal obligations (or conditions) of a loan, for example when a home buyer fails to make a mortgage payment, or when a corporation or government fails to pay a bond which has reached maturity. A national or sovereign default is the failure or refusal of a government to repay its national debt. The biggest private default in history is Lehman Brothers, with over $600 billion when it filed for bankruptcy in 2008. The biggest sovereign default is Greece, with $138 billion in March 2012.
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Tracer claims to be a "machine god" that the artificial intelligences of other machines created to worship, alleging that he becomes stronger over time since the more machines worship him the longer he operates. Testing his increasing powers, Tracer robs the Bank of New York, holds off Spider-Man and escapes. Soon after, Tracer takes to the skies in his Flying Wing, claiming he had a bomb he would detonate if New York City fails to pay him a fortune. Spider-Man and Iron Man (Tony Stark) foil his scheme, but Tracer escapes again.
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58–63Koylu, Mustafa (2003), Islam and its Quest for Peace: Jihad, Justice and Education, , pp. 88–89 However, prevailing opinion among classical jurists prescribed sanctions such as fines, imprisonment or corporal punishment. Some classical and contemporary scholars such as Ishaq Ibn Rahwayh and Yusuf al-Qaradawi have stated that the person who fails to pay Zakat should have the payment taken from them, along with half of his wealth. Additionally, those who failed to pay the zakat would face God's punishment in the afterlife on the day of Judgment.
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If the bankrupt fails to pay, the trustee can issue a notice to garnishee the bankrupt's wages. If that is not possible, the Trustee may seek to extend the bankruptcy for a further five years. Bankruptcies can be annulled prior to the expiration of the normal three-year period if all debts are paid out in full. Sometimes a bankrupt may be able to raise enough funds to make an Offer of Composition to creditors, which would have the effect of paying the creditors some of the money they are owed.
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This means that if a defendant proceeds to a diversion program, then fails to pay the fee for the program, the defendant can be brought back to court and proceed directly to conviction and sentencing. Some jurisdictions in the United States may provide diversion programs for drunk driving charges. One such program is the Victim Impact Panel (VIP) administered by Mothers Against Drunk Driving (MADD) since 1982. MADD typically charges a $25 "donation" (which is defined as voluntary), even for court-mandated attendance; MADD reported $2,657,293 one year for such donations on its nonprofit tax exempt returns.
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But if one fails to pay a debt, they have broken a contract or agreement between them and a creditor. Generally, most oral and written agreements for the repayment of consumer debt - debts for personal, family or household purposes secured primarily by a person's residence - are enforceable. For the most part, debts that are business related must be made in writing to be enforceable by law. If the written agreement requires the debtor to pay a specific amount of money, then the creditor does not have to accept any lesser amount, and should be paid in full.
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In lending agreements, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan. The collateral serves as a lender's protection against a borrower's default and so can be used to offset the loan if the borrower fails to pay the principal and interest satisfactorily under the terms of the lending agreement. The protection that collateral provides generally allows lenders to offer a lower interest rate on loans that have collateral. The reduction in interest rate can be up to several percentage points, depending on the type and value of the collateral.
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Lou Marazano was once a feared hit man, but his reputation has dimmed significantly twenty years after his retirement. Unable to help his daughter financially after her ex-husband fails to pay child support, he asks the street boss, Lorenzo Galante, for work. Though reluctant to give him the job, Galante sends him to kill several witnesses who will testify against D'Agostino, the mob boss. After Marazano sends flowers to the widow of one of the men he kills, Ray Berkowski, a veteran cop, reopens a case that involved a string of murders from the early 1990s.
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Kasurinen strikes up a romance with Irmeli, a metermaid who was ticketing his car, who quits her job in order to go to dinner with him during her shift. In bed together at her home, they discuss their pasts - Irmeli recounting her ex-husband and Kasurinen telling her that he is from the country, to which she replies, "that's different." He is woken up by Irmeli's young son holding a gun in his face and offering him breakfast. Kasurinen is kicked out of the hostel when he fails to pay for his bed and begins sleeping in his car.
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When a person fails to pay on time, the Ah Long will set fire, spray paint, splash, or write threats in paint or markers on the walls of the property of that person as a threat of violence and to scare, and perhaps shame, the borrower into repaying the loan. A common use of painting includes the characters "O$P$" meaning "owe money, pay money", as well as the debtors' unit number. According to local police authorities, there have been cases where borrowers and their family members were beaten or had their property damaged or destroyed, and some victims have committed suicide.
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The Non-Resident Violator Compact (NRVC) is a United States interstate compact used by 44 states and Washington, D.C. to process traffic citations across state borders. Motorists cited for violations in a state that is not a member of the NRVC must post bail before being allowed to proceed. In addition, drivers licensed in a non-member state that are issued a citation in a member state will be processed normally. If the nonmember fails to pay the issued citation after being found guilty, the nonmember's privilege to drive in the ticket-issuing state will become suspended.
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Southwestern FAQs: What else do I need to know about the International Division? Students regularly work 72 or more hours per week, almost twice the upper limit imposed by the Fair Labor Standards Act. Students provide the company a letter of credit signed by two endorsers, typically the student's parents, in which the endorsers agree to be responsible for up to $500 each if the student fails to pay any money owed to the company at the end of the summer.Letter of Credit – The Southwestern Company Students entering the program attend a week-long training program in Nashville, Tennessee.
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He soon begins to neglect his wife, family and training in favor of her privileged and decadent lifestyle. His performance in the bullring suffers from his excesses and he falls from his position as the premiere matador of Spain while his extravagant lifestyle means that he has no savings and fails to pay suppliers and employees. His manager warns Juan that he is heading for destruction but Juan refuses to accept his advice. With falling fame and income comes rejection by everyone once important to him, while Carmen leaves him after she learns of his affair.
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Under abstract title transfer, the BGB has a simple answer to that: the purchase contract obligates the buyer to pay the full price and requires the seller to transfer property upon receipt of the last installment. Since the obligations and the actual conveyance of title are in two different contracts, it is quite simple to secure both parties' interests. The seller retains title up to the last payment, and the buyer is merely the holder of the purchased goods. If he fails to pay in full the seller may reclaim his property just like any other owner.
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Sammy Tonin (played by Max Perlich) is the son of Theo Tonin and heir to the Tonin Empire, although he is largely considered to be weak, ineffectual and cowardly by his subordinates. After Drew Thompson is arrested by the Marshals Theo flees the country and Sammy takes over the Detroit Mob but proves an incompetent leader and soon loses control. He soon ends up owing a Canadian mob large amounts of money for heroin shipments but fails to pay it back. When Boyd and Duffy visit Detroit to find their own heroin Picker executes Sammy in front of them saving himself and appeasing the Canadians.
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Investors purchasing or holding insured securities benefit from the additional payment source provided by the insurer if the issuer fails to pay principal or interest when due (which reduces the probability of a missed payment to the probability that not only the issuer but also the insurer defaults). The value proposition of bond insurance includes the insurers' credit selection, underwriting, and surveillance of the underlying transactions. Significantly, uninsured transactions are often not monitored by rating agencies following their initial rating issuance. In the event of default of such transactions, bond trustees often fail to take appropriate remedial actions absent direction and indemnity from the bondholders (which is typically not forthcoming).
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This problem becomes more complicated when several receivers use several dishes or several LNBs mounted in a single dish are aimed at different satellites. The set-top box selects the channel desired by the user by filtering that channel from the multiple channels received from the satellite, converts the signal to a lower intermediate frequency, decrypts the encrypted signal, demodulates the radio signal and sends the resulting video signal to the television through a cable. To decrypt the signal the receiver box must be "activated" by the satellite company. If the customer fails to pay his monthly bill the box is "deactivated" by a signal from the company, and the system will not work until the company reactivates it.
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A Standby Letter of Credit (SLOC) is a letter issued by a bank guaranteeing payment to a beneficiary in case the buyer or customer fails to pay the seller at a given time period. SLOCs are usually used when doing international trading between different countries to avoid conflict as they are a way of building credibility and trust in assuring unknown sellers with confidence that they will receive their payment. Another way of ensuring that beneficiaries receive their payment is through collateral, which is where lenders demand assets and properties of certain value (depending on the value of the loan from the loaner) from loaners as a form of security before handing out loans to them.
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Protection rackets are indistinguishable in practice from extortion rackets and distinguishable from private security by some degree of implied threat that the racketeers themselves may attack the business if it fails to pay for their protection. A distinction is possible between a "pure" extortion racket in which the racketeers might agree only not to attack a business and a broader protection racket offering some real private security in addition to such extortion. The criminals might agree to defend a business from any attack by either themselves or third parties (other criminal gangs). However, in reality, that distinction is doubtful, because extortion racketeers may have to defend their clients against rival gangs to maintain their profits.
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The HECM reverse mortgage is not due and payable until the last borrower (or non-borrowing spouse) dies, sells the house, or fails to live in the home for a period greater than 12 months.12 U.S.C. § 1715z-20(j). The loan may also become due and payable if the borrower fails to pay property taxes, homeowners insurance, lets the condition of the home significantly deteriorate, or transfers the title of the property to a non-borrower (excluding trusts that meet HUD's requirements). Once the mortgage comes due, borrowers or heirs of the estate have several options to settle up the loan balance: # Pay off or refinance the existing balance to keep the home.
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In most modern digital cable systems the signals are encrypted, so cases of people obtaining illegal service are less common. The subscriber requires a set-top box provided by the cable company to decrypt and receive the cable signal. Unlike the older analog set-top boxes, the digital set-top box will not function until the cable company activates it by sending it a unique activation key through the cable, which is sent only after the subscriber signs up. Each set-top box is individually addressable, so a given box can be deactivated by command from the company if the subscriber fails to pay his bill (this is sometimes colloquially referred to as a "bullet").
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After it learned that many government agencies and external sponsors had unpaid bills at the White House (some going back more than a decade), Congress enacted legislation in 1988 that requires sponsoring agencies or organizations to pay for charges in advance. Severe financial penalties are imposed if the sponsor fails to pay overages in a timely fashion. The chief usher coordinates very closely with the Executive Office of the President, the General Services Administration, the National Park Service, the Secret Service, the White House Military Office and other government agencies as needed. Much of the chief usher's daily coordination is with the White House Office of Scheduling and Advance, which supervises and manages the president and first family's schedules.
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In practice the prosecutor will in the first instance attempt to assist the court to establish both figures. If the defendant fails to pay the sum ordered by the due date then payment may be enforced by various means and interest will commence to run on the amount unpaid.Section 12, Proceeds of Crime Act 2002 One of the means of enforcement is that an additional prison sentence (maximum 10 years -14 years, with effect from 1 June 2015) may be imposed for failure to pay on time.Section 130, Powers of Criminal Courts (Sentencing) Act 2000 Part 2 also includes provisions relating to the making of restraint orders and the appointment of enforcement receivers.
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The story is about Lora (Sunshine Dizon) a bestselling romance pocketbook novelist who has yet to find out if the happy-ending manuscripts she writes can happen for real, and a successful construction magnate named Paco (Antonio Aquitania) whose goal is to find the girl he will marry before the year ends. The loves and lives of Lora and Paco become intertwined when the novelist fails to pay her rent after most of her recent works gets rejected by her editor Joaquin (Brad Turvey), whom she secretly admires. Thus, checks have been coming in slow and bills are piling up. The two meet when Paco, the rich, brusque, well-organized, domineering businessman, is about to throw Lora out of the apartment.
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If the (suspected) offender contests the ticket or fails to pay the fine, the prosecutor will usually prosecute the suspect before the police tribunal. Aside from criminal jurisdiction, the police tribunals have original jurisdiction as well over any civil damages or insurance disputes arising from traffic accidents, irrespective of the amount in value. It is a feature of the Belgian judicial system in general, that courts and tribunals having jurisdiction over criminal cases can also decide on any civil damages sought by a victim (referred to as the civil party) in the case. However, even if the prosecutor does not bring any charges against the person responsible for a traffic accident, the police tribunal will still hear any civil action related to the case.
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When a country that maintains a fixed exchange rate is suddenly forced to devalue its currency due to accruing an unsustainable current account deficit, this is called a currency crisis or balance of payments crisis. When a country fails to pay back its sovereign debt, this is called a sovereign default. While devaluation and default could both be voluntary decisions of the government, they are often perceived to be the involuntary results of a change in investor sentiment that leads to a sudden stop in capital inflows or a sudden increase in capital flight. Several currencies that formed part of the European Exchange Rate Mechanism suffered crises in 1992–93 and were forced to devalue or withdraw from the mechanism.
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The debtor may apply to the court to set aside the demand on the basis that the debt is disputed on bona fide grounds or that he has a counterclaim, set off or cross- demand which equals or exceeds the amount of the debt claimed by the creditor. If the debtor fails to pay the sum claimed in the demand or to apply to set aside the demand or if his application to set aside the demand is dismissed by the court, the creditor may present a bankruptcy petition. Alternatively, a creditor may petition without first serving a demand if execution on a judgment has failed. In either case the debtor must owe the creditor at least £5000 and the claim must be for a liquidated sum, i.e.
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123–125 without sufficient reason. Bar Kappara ascribed great value to the study of astronomy: "He who can calculate the solstices and movements of the planets and fails to pay attention to these things, to him may be applied the verse (Isaiah 5:12) 'They regard not the works of the Lord, nor the operation of his hands".Shabbat 75a This statement is particularly striking when compared to his opinion about the obligation to study Torah: that a Jew who reads just two portions from the Torah daily—one in the morning and one in the evening—fulfills the commandment to meditate in God's law by day and night.Psalms 1:2; Midrash Tehillim on 1:2 Bar Kappara appreciated not only natural science, but also the Greek love of the beautiful.
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At each television, the subscriber's television or a set-top box provided by the cable company translates the desired channel back to its original frequency (baseband), and it is displayed onscreen. Due to widespread cable theft in earlier analog systems, the signals are typically encrypted on modern digital cable systems, and the set-top box must be activated by an activation code sent by the cable company before it will function, which is only sent after the subscriber signs up. If the subscriber fails to pay their bill, the cable company can send a signal to deactivate the subscriber's box, preventing reception. There are also usually "upstream" channels on the cable to send data from the customer box to the cable headend, for advanced features such as requesting pay-per-view shows or movies, cable internet access, and cable telephone service.
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Where a company is unable to pay or provide for its debts it may be placed in liquidation either voluntary by a resolution of members or compulsorily by an order of the court. British Virgin Islands law uses the phrase "in liquidation" in preference to the term "winding-up" used in other jurisdictions. A company is treated as insolvent, and liable to have a liquidator appointed if:Insolvency Act 2003, section 8(1) # it is unable to pay its debts as they fall due; # the value of its liabilities exceeds the value of its assets; # it fails to discharge a statutory demand for the prescribed minimum; or # it fails to pay a judgment debt of the British Virgin Islands court. Liquidation is a class right, and so the court will not make an order if it is opposed by a majority of creditors.
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He engages the count to prepare the baron's daughter to be married to him immediately, on the day after the baron's daughter rejected the count, and motivated by revenge, he agrees. However, the gnome fails to pay him, and so he arranges to break his power over Bertha and (having got it in writing beforehand) marries her himself afterwards. My Maiden Brief — First published in Cornhill magazine, 1863. A tale of a barrister who plans out his defence of a woman accused of stealing a purse with his roommate, and then has all his work end up for naught when his roommate is called to prosecute her. Creatures of Impulse — First published as "A Strange Old Lady" in Graphic, Christmas Number 1870. It was retitled "Creatures of Impulse" for this collection and adapted as the 1871 play Creatures of Impulse (with music by Alberto Randegger).
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Dirtiness can be decreased by taking a shower, or swimming in the nearby lake. Drinking too much beer (or hard liquor) will eventually get the player drunk, which first causes the player to waver and his vision to distort; further consumption of alcohol can lead the player to pass out and wake up at a random place on the map the next day. Stress can be alleviated by using a sauna, drinking alcohol, smoking cigarettes, or other means such as successfully getting the Satsuma registered; failing to reduce stress to acceptable levels will eventually lead to a fatal heart attack. Police traffic stops randomly spawn along the main road of the in-game world, issuing fines for any traffic violations (speeding, failing to wear a seatbelt, drunk-driving, etc.); if the player fails to pay for a fine, police officers will eventually surround player character's home to arrest and imprison him in jail for a period of time scaled based on the cost of the fine.
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This unsettling system had a negative impact on the willingness of lenders to accept real estate as collateral security for loans. Since a lender could not re-sell the property until it had been in uncontested possession for years, or unless it could show changed circumstances, the value of real estate collateral was significantly impaired. Impaired, that is, until lawyers concocted the bill of foreclosure, whereby a mortgagee could request a decree that unless the mortgagor paid the debt by a date certain (and after the law date set in the mortgage), the mortgagor would thereafter be barred and foreclosed of all right, title and equity of redemption in and to the mortgaged premises. To complete the circle, one needs to understand that when a mortgagor fails to pay an installment when due, and the mortgagee accelerates the mortgage, requiring immediate repayment of the entire mortgage indebtedness, the mortgagor does not have a right to pay the past-due installment(s) and have the mortgage reinstated.
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Russ Richards (John Travolta), the weatherman for a Harrisburg, Pennsylvania television station, is revered as a local celebrity by his viewers, and fame affords him such perks as a reserved parking spot and his own booth at Denny's, where an omelet bears his name. His eternally optimistic demeanor conceals the fact his snowmobile dealership is on the verge of bankruptcy due to an unusually warm winter. His friend Gig (Tim Roth), a shady strip club owner, suggests an insurance scam will free Russ of his financial problems, but when the scheme fails to pay off, Russ finds himself even deeper in debt and the target of a hitman named Dale (Michael Rapaport). Gig then proposes Russ rig the Pennsylvania Lottery with the help of his amoral girlfriend Crystal Latroy (Lisa Kudrow), a ditzy model who pulls and announces the winning numbers on television, and her oddball cousin Walter (Michael Moore), who will pose as the owner of the lucky ticket.
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