Debt negotiation definition

Debt negotiation means, for or with the expectation of a fee, commission or other valuable consideration, assisting a debtor in negotiating or attempting to negotiate on behalf of a debtor the terms of a debtor's obligations with one or more mortgagees or creditors of the debtor, including the negotiation of short sales of residential property or foreclosure rescue services.
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Debt negotiation means the business or practice of receiving, in return for consideration, or the scheduled receipt, of a debtor’s monies, or evidences thereof,
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Debt negotiation or “debt settlement” means: (i) the business or practice of receiving, in return for consideration, or the scheduled receipt of a debtor’s monies, or evidences thereof, for the purpose of distribution among certain specified creditors in payment, or partial payment, of the debtor’s obligations; or (ii) the business or practice of acting or offering or attempting to act as an intermediary between a debtor and his creditors for the purpose of settling, negotiating, or in any way altering the terms of payment of any debt of a debtor.
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Examples of Debt negotiation in a sentence

  • Table 4 Debt negotiation updates Countries in defaultZambia On 5 February, the Ministry of Finance of Zambia announced that the country had officially requested debt treatment under the CF.

  • Debt negotiation companies further claim that their counselors are specially trained and possess industry-insider knowledge and that consumers will not achieve similar results working directly with their credit card companies.

  • Debt negotiation or settlement seems to differ from debt management plans only to the extent that the agencies providing debt negotiation and settlement services do not send regular monthly payments to creditors.

  • Debt negotiation can be very an option that is useful you are struggling to generally meet your debts and need a method to lessen your monthly premiums.

  • This specialty allows you to work using both medical and surgical techniques.

  • Debt Negotiation Debt negotiation companies assert that they can obtain interest rate reductions or other concessions from creditors to lower consumers’ monthly payments.

  • Negotiation Debt negotiation companies assert that they can obtain interest rate reductions or other concessionsfrom creditorsto lower consumersV monthly payments.

  • The taxpayer in that case owned a holiday park with static caravans.

  • Debt negotiation will come in many forms, from forgiveness of some or all the debt to organizing when it comes to swelling sum payment.

  • Debt negotiation may be a lifesaver for businesses that are struggling financially.

Related to Debt negotiation

  • LETTER OF INTENT/FAX OF INTENT means intimation by a Fax/Letter to Tenderer(s) that the tender has been accepted in accordance with the provisions contained in the letter.

  • Collaboration Agreement has the meaning set forth in the Recitals.

  • Negotiation Period has the meaning given in Clause 5.10;

  • Development Agreement has the meaning set forth in the Recitals.

  • Letter of Intent (LOI means an intimation by a letter to Bidder that their Tender has been accepted in accordance with the provisions contained in the letter and hence to take preparatory steps and compliance of formalities to commence the work from the date desired by Owner.

  • Development Application means the development application identified in Item 5 of Schedule 1 and includes all plans, reports models, photomontages, material boards (as amended supplemented) submitted to the consent authority before the determination of that Development Application.

  • Refinancing Agreement as defined in Subsection 8.3(c).

  • License Agreement means the agreement between SAP (or an SAP SE Affiliate, or an authorized reseller) under which Customer procured the rights to use SAP Software or a Cloud Service.

  • Commercial Agreement means an agreement, other than an agency agreement, made between carriers and relating to the provision of their joint services for carriage of passengers by air;

  • Financing Transaction means a transaction in which a licensed provider obtains financing from a financing entity including any secured or unsecured financing, any securitization transaction, or any securities offering which is either registered or exempt from registration under federal and state securities law.

  • Redevelopment Agreement means an agreement between the

  • Commercial driver s license" means:

  • Financing Lease any lease of property, real or personal, the obligations of the lessee in respect of which are required in accordance with GAAP to be capitalized on a balance sheet of the lessee.

  • Intercompany License Agreement means any cost sharing agreement, commission or royalty agreement, license or sublicense agreement, distribution agreement, services agreement, intellectual property rights transfer agreement, any related agreements or similar agreements, in each case where all parties to such agreement are one or more of the Company or a Restricted Subsidiary.