Creditor

 It shows the percentage of total assets that are financed by the creditors. Interest cover ratio = Earnings before interest and taxes/ Interest expense  Measures the ability of the company to repay its interests on debts.  A high ratio indicates its better ability on repayment. Ratios related to distribution decision…

asset for year end 2016 is $193,694. Total asset value is vital to potential creditors because before the supplier or financial institution approve monetary funds, they will ascertain if the company have enough assets to cover debts. The organization must have enough asset to cover loan in case of default. When or if an organization default, the assets can easily covert to cash. Furthermore, in essence, creditors and banks will discover if a potential borrower have enough financial…

Chapter 13, and a small percentage is Chapter 11. Chapter 7 bankruptcy is manly for liquidation, like stated above a trustee gathers assets and some may be seized, sells them off, and pays your creditors. Unsecured debt is completely wiped out, secured debt is different the business can allow the creditor to repossess the property that secures the debt, like a machine, vehicle, or building. The business can also agree to continue paying for that said secured debt. For a business to be eligible…

attack your father. Cutting the son’s hand won’t solve anything. Lastly, in law 48 it says “if a man has borrowed money to plant his fields and a storm has flooded his field or carried the crops away.. in that year he does not have to pay his creditor. The creditor will lose money too. It will effect both of them. The man should be able to protect his crops. rain is naturally…

Are you struggling with the choice between bankruptcy or debt settlement? When many people find themselves if in a tough financial position, they instinctively want to avoid filing for bankruptcy at all costs. Therefore, they seek out the advice of a nonprofit credit counseling agency which will help to create a debt management plan. Is this something you considered? A debt settlement is an attempt to pay something less than what you originally agreed. When you use a nonprofit credit counseling…

beauty of working with a legitimate credit counseling service is that they will contact your creditors on your behalf and negotiate a lower interest rate for your debts. It is important to keep in mind that while many may charge a nominal fee for their services; most of them earn the bulk of their money in fees (much like commissions) earned from the creditors they are working with. In other words, the creditors are…

would liberate him of his responsibilities with the creditors.…

Hammurabi ruler of Babylon, he claims to be the king of righteousness and wrote the code of laws to protect the weak, but these laws are unfair (Doc B). 4,000 centuries ago Hammurabi ruled Babylon for 42 years, and Babylon is approximately 400 miles. The three social classes in Babylon that you could be are landowners, free people, and slaves. A lot of people lived there at the time. There was about 1,000,000 people there, so Hammurabi was very busy. (BGE) Was Hammurabi’s Code of Laws just?…

challenging securing approval on an individual bank financial loan with a bad credit ranking score, especially when it comes to the more traditional creditors. Preventing a situation where the financial loan shows to be a strain on financial situation is recommended, so it is essential stay up with the choices out there. The fact is that not all creditors charge high attention levels. There are cost-effective choices. The key is in putting together a well-organized program, while also meeting…

‘equity is equality’. In Lavin v Toppi, the HCA affirmed that once a creditor called upon the payment of a guarantee by co-sureties, the right of a co-surety to contribution cannot be defeated by any actions of the creditor. Lavin’s assertion that the covenant not to sue extinguished the coordinate liability they shared with Toppi was considered by the court to be an ‘an invitation to accept that it is in the power of the creditor to select his own victim; and, upon motives of mere caprice or…