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What is the definition of financial depression?
Financial depression is a severe and prolonged economic downturn characterized by high levels of unemployment, reduced consumer spending, and overall economic hardship.
How do you get chapter 13 payment reduced due to financial hardship?
You would need to go back to the BK court and ask for a modification of chpt. 13 payments.
How do you have the amount garnished reduced due to undue hardship?
You must complete an application with the court in order to have a wage garnishment reduced if it causes undue hardship. A wage garnishment can not take more than 25 percent of a person's income.
What r Tips to stop air pollution?
How much would carbon rates be lowered by if speeding rates were reduced
Can a Virginia speeding ticket be reduced without hiring a lawyer?
Yes, any ticket can be reduced without a lawyer. You have to go to the court date for your hearing. Be there early and if you show up there and the cops doesn't, many judges reduce the charge or if you plead your case honestly, logically and respectfully you can get a speeding ticket reduction as well.
What was an important of corporations?
They reduced financial risk for individual investors
What is the process for obtaining a principal reduction modification on a mortgage loan?
To obtain a principal reduction modification on a mortgage loan, you typically need to demonstrate financial hardship to your lender, submit a formal application with supporting documents, and work with the lender to negotiate a reduced principal amount on the loan. This process may involve a review of your financial situation, a possible trial period, and final approval from the lender.
Can salary of the president be reduced in time of financial emergency?
NO can not be changed even during financial emergency... reference:Afroz alam
What was an important advantage of corporations?
They reduced financial risk for individual investors
Which term is assigned to a person or company that is reduced to a state of financial run?
The term assigned to a person or company that is reduced to a state of financial ruin is "insolvency." Insolvency occurs when an individual or organization cannot meet their financial obligations or debts as they come due. This situation can lead to bankruptcy proceedings if the financial distress is not resolved.
What was the average cost for a home in 1932?
In 1932, the average cost of a home in the United States was approximately $6,000. This period was during the Great Depression, which significantly affected the housing market and overall economic conditions. Home prices were lower compared to previous years, reflecting widespread financial hardship and reduced demand.
Which term is assigned to a person or company that is reduced to a state of financial ruin?
Bankrupt
