Repayment Plan - Law Dictionary Search Results
repayment plan
Matched in: Term repayment plan
special forbearance
special forbearance a loss mitigation option where the lender arranges a revised repayment plan for the borrower that may include a temporary reduction or suspension of monthly loan payments. Source: U.S. Department
debt adjustment
debt adjustment : the arrangements made for the repayment or satisfaction of debts in an amount or manner that differs from the original arrangements esp. in accordance … debts in an amount or manner that differs from the original arrangements esp. in accordance with a bankruptcy plan under chapter 13 of the Bankruptcy Code
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Promoter
Promoter, has been described as follows 'one who promotes, urges one encourages, incites, advances, etc. One promoting a plan by which it is hoped to insure the success of a business, entertainment, etc. venture. The persons who, … vendors was discussed. The promoters usually pay the registration fees, and the company is under no liability to repay them, Re National Motor Co., (1908) 2 Ch 515. As to the liability of promoters of a company
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