In short it means that you have one or both of the following problems: 1.) You haven't paid off enough debt in a timely manner for a company to trust you to pay back any debt you may incur or 2.) You haven't established credit. The easiest way to establish credit is to get a credit card and and pay back the debt when its due on the credit card statement is due not in bulk.
A debt which is never likely to be repaid by the debtor.
Subject to debt means that you are subject to being in debt. This is usually in reference to something being dependent on you being in debt.
Secured debt is a debt that is guaranteed by the use of collateral. If the debt is not repaid, the creditor has the right to take the collateral from the borrower.
Insufficient funds refers to the state where there is no enough cash to meet the requirements. for example you need $1000 to pay for your car repairs but you have only $400 in your wallet. That could be termed a situation of insufficient funds or you gave a cheque of $1000 to somebody and you have only $500 in your account, that again would be a situation of insufficient funds.
Some of the common problems that will get you denied for a mortgage would be: an insufficient down payment, high debt-to-income ratio (DTI), and negative credit history.
Go to one of those car lots that advertises as "buy here, pay here". The downside is that they dont report to the credit bureau, so it wont help you in the long run.
When a person has insufficient space it means there is no room to put more things.
narrow, close, insufficient
If there are not assets, the debtors lose their money. It is the primary reason to establish an estate.
It means not enough. E.g. The man couldn't get any cash from the machine as he had insufficient funds in his bank account.
Her son would "inherit" the debt only if he co-signed with her as a borrower. Her estate would pay the debts and the creditors would take the loss if the procedes from the estate were insufficient.
its when you are in debt and you come out of debt when you get money.
That u payed your debt in full
debt
debt
Insufficient air flow means not enough air is moving for the task at hand. For example, a clogged filter will not let enough air through, creating insufficient air flow.
Yes, if a debt is discharged the debtor no longer has to pay.