Debt settlement means seeking to settle the amount of a debtor’s debts with creditors for less than the amounts owed on the debts.

Debt settlement means any action or negotiation initiated or taken by or on behalf of a consumer with a creditor of the consumer for the purpose of obtaining debt forgiveness of a portion of the credit extended by the creditor to the consumer or a reduction of payments, charges, or fees payable by the consumer.

Debt settlement means any action or negotiation initiated or taken by or on behalf of any

Examples of Debt settlement in a sentence

Debt settlement will be considered in accordance with subpart B of part 1956 of this chapter.
Debt settlement actions for Economic Opportunity Co- operative loans must be handled under the Federal Claims Collection Act; pro- posals will be submitted to the Na- tional Office for review and approval.
Debt settlement policies and procedures are authorized by 7 CFR Part 1403.
Debt settlement may not be approved for any direct Farm Loan Programs loan if the borrower has received debt forgive- ness on any other direct loan as defined in § 1956.54 of this subpart.[56 FR 10147, Mar.
Debt settlement of officers and directors of the Company account for $326,794 of the total settlments (Note 8).

More Definitions of Debt settlement

Debt settlement means any one or more of the following

Debt settlement means seeking to settle the amount of

Debt settlement has the meaning given to the term in section 6.5;

Debt settlement means seeking to settle the principal

Debt settlement means the agreement by Lincoln with various creditors of Lincoln to issue or cause to be issued Shares in satisfaction of up to $1,088,818.53 of indebtedness of Lincoln;

Debt settlement means the issuance by the Issuer effective August 22, 2017 of an aggregate of 975,000 common shares in the capital of the Issuer in order to settle an outstanding non-interest bearing long-term loan payable in the aggregate amount of $975,000;