Creditor Quotations

It doesn't mean that they can't get the judgment against you, but as a practical matter, the creditor is not going to be able to collect on it.

The ACCC maintains that regardless of a creditor having a potential further right of access to the courts, the Trade Practices Act 1974 precludes the creditor from misleading consumers about their rights when pursuing the debt in the meantime by claiming or suggesting it is entitled to the outstanding monies.

Between the point of decision and the point of completion, each creditor can reduce the debt servicing; it is an individual decision. The point of completion has no fixed time. That depends on the performance of each country in the implementation of measurements which were decided.

There can be no such thing as either a creditor or a debtor race, ... In the eyes of government, we are just one race, it is American.

A creditor always had the ability to pursue a debtor if they felt there was fraud.

In an environment of weak financial systems, lax supervisory regimes, and vague assurances about depositor or creditor protections, the state of confidence so necessary to the functioning of any banking system was torn asunder.

I imagine we won't see any of that money before they enter their reorganization plans, which could be 18 months. If they reject their leases, we would probably get a few pennies on the dollar. We'd be an unsecured creditor like everyone else.

The need is $325 million of cash. That is what our investment bankers tell us. That's what our creditor committee tells us. ALPA is fervently urging the court to say it isn't so. We're telling them it is so. We wish we didn't need $325 million of cash. But the need is real.

All liquidity starts in Japan, the world's largest creditor country. When rates go up here, rates go up everywhere.

There's a lot more cases but people don't know how to report it, and may not even know they are a victim, or how to pursue it. And you don't know it happened until you look at a credit report or you get a call from a creditor asking why you didn't pay a bill.

This way the creditor risk is minimized, but (the consumer still has the convenience of having a credit card).

People may live as much retired from the world as they like, but sooner or later they find themselves debtor or creditor to some one.