It has repeatedly expressed its interest in repaying
the funds as soon as possible.
The plaintiffs alleged in their complaint that they were owed monies on their subcontracts and that the construction loan lending institution had diverted trust funds by repaying
itself prior to paying plaintiff's claims for work performed and material provided.
He was fined pounds 200, in addition to repaying
rent rebate of pounds 6,458.49 and council tax benefit of pounds 2,652.62.
''These four banks had received public funds, so I will have my organization place priority on repaying
debts to them so that we may soften the financial burden of taxpayers,'' Nakabo said.
The emphasis is on repaying
as much debt as possible while allowing the debtor to retain some income.
a shareholder loan that was used to fund deductible S losses is a taxable event.
Indeed, a substantial amount of funds raised in capital markets has been reported to be for the purpose of repaying
The plan is committed to repaying
the loan over a fixed period of time.
Allied Irish Banks PLC (ALBK:Dublin) (AIB) has received approval to start repaying
its debts to the state.
Since austerity always meant that the banks would be refinanced by taxation from the incomes of the ordinary citizens, avoiding too much taxation on the wealthy, but austerity has also meant unemployment of 25% in Greece, so the present economy is incapable of repaying
more than, say, 80 cents in every euro, and bankers should be the first to understand what bad debts mean.
The decrease was the result of repaying
facilities and loans causing debt to fall by $3.5bn.
The company is repaying
Dh2.35 billion debt by the end of next month and the remaining amount will be paid later in the year.
She had been struggling to repay that at pounds 100 a month and also had loans at exorbitant rates of interest which she was repaying
at pounds 130 a week.
As public anger grows over the scale of claims made by s MPs, many have tried to head off criticism by repaying
Ms Armstrong is repaying
an unspecified amount for food claims.