What's the difference between creditor and foreclosure?

Creditor


Definition:

  • (n.) One who credits, believes, or trusts.
  • (n.) One who gives credit in business matters; hence, one to whom money is due; -- correlative to debtor.

Example Sentences:

  • (1) A statement from the company said it had assigned all its assets for the benefit of creditors, in accordance with Massachusetts' law.
  • (2) Far from securing the regime change they were seeking, the creditors now find that Syriza is being supported by all Greek political parties apart from the communists and the neo-Nazi party Golden Dawn.
  • (3) As Greece pleads with its eurozone creditors for more time in meeting its fiscal adjustment targets, Dombrovskis is a fierce champion of surgical austerity applied quickly and ruthlessly.
  • (4) Providing an upfront, unconditional component to debt relief is critical to provide a strong and credible signal to markets about the commitment of official creditors to ensuring debt sustainability, which in itself could contribute to lowering market financing costs.
  • (5) Groups such as the Consumer Credit Counselling Service (CCCS) can help you negotiate payment arrangements with your creditors.
  • (6) Instead, those who ordered through the company will be treated as unsecured creditors.
  • (7) It has proposed linking repayment of the debt to growth (the only real way of paying creditors and of guaranteeing their rights), and has indicated its desire to implement those structural reforms needed to strengthen an impoverished state left too long in the hands of corrupt elites.
  • (8) Greece’s debt is currently around 175% of its annual national income, most of it owed to official creditors such as the European Central Bank or the International Monetary Fund.
  • (9) In conclusion, there is a reasonable chance that retirement plan assets in Delaware qualified plans are insulated from judgment creditors, but the best course is to maintain adequate insurance protection and follow an aggressive prejudgment strategy in serious cases so you don't have to resolve the issue in a bankruptcy proceeding.
  • (10) Hours after Greece’s bailout programme with its creditors expired and the country became the first in the developed world to miss an IMF loan repayment, Greek pensioners without debit cards were at last able to withdraw some cash.
  • (11) Greece's eurozone creditors are demanding that the government in Athens introduce a six-day working week as part of the stiff terms for the country's second bailout.
  • (12) You make a monthly payment to the court and it is split between the creditors.
  • (13) No sign of an OMT announcement.. September 10, 2012 Updated at 2.46pm BST 2.12pm BST Another development in Greece: there is growing speculation in Athens today that with Greek debt still at a whopping 166% of GDP – despite a massive write-down by private sector creditors earlier this year – another haircut, this time by the official sector, is on the cards.
  • (14) It suggests government-led programmes to restructure debt and tax breaks to persuade creditors to lengthen repayment periods.
  • (15) Meanwhile, MPs in Athens approved the contentious reforms and austerity package demanded by its creditors amid angry scenes in parliament and violent clashes on the streets on Wednesday.
  • (16) For three months, a battle of brinkmanship has been going on between the government of Alexis Tsipras and its European creditors over a cash-for-reforms plan that would give Greece the €7.2bn worth of rescue funds that it needs to meet its debt payments.
  • (17) Creditors plan to ringfence Greek economy if Tsipras refuses to give in Read more Yet when asked about their attitude to the EU itself, 76% of Greeks said they mistrusted it.
  • (18) And leaving the programme should be the responsibility not just of the debt country but the creditor country as well.” Athens, Tsakalotos continued, had kept its side of the bargain, legislating highly unpopular reforms to produce savings of 2% of GDP, while the European Union and International Monetary Fund had not kept theirs.
  • (19) Persistent critic The truce was supposed to allow INM to present a united front to creditors as it tried to renegotiate €1.3bn of debt and €200m worth of bonds, but it was a coup for O'Brien.
  • (20) The bank filed for Chapter 11 bankruptcy, which provides protection from creditors while it liquidates its business.

Foreclosure


Definition:

  • (n.) The act or process of foreclosing; a proceeding which bars or extinguishes a mortgager's right of redeeming a mortgaged estate.

Example Sentences:

  • (1) There had been speculation in congress that Obama might announce an agreement with the US's largest mortgage brokers over the so-called "robo-signing" scandal, in which bank officials signed foreclosure documents without properly reviewing them.
  • (2) Picture Detroit today and the images that probably come to mind are of " ruin porn " (the now infamous term for beautifully shot photos of dilapidated buildings); urban exploring (the new craze of creeping around abandoned complexes as seen in Jim Jarmusch's new film Only Lovers Left Alive ) and foreclosure frenzy (there are now nearly 80,000 empty homes to be torn down or fixed up in Motor City).
  • (3) They conceptualized attitudes toward AIDS, developed items reflecting diffusion, foreclosure, moratorium, and achievement statuses in development, and assessed their relationships to identity and intimacy, while predicting overall that general maturity, as measured by high identity and intimacy, would relate positively to precautionary attitudes toward AIDS.
  • (4) About 18% of May home sales were foreclosures or short sales, and were sold cheaply: at about a 15% discount.
  • (5) Discriminant analyses of substance use, across the achievement, moratorium, foreclosure, and diffusion identity statuses, yielded significant functions for each grade comparison (7th to 12th).
  • (6) Correlations among family dimensions and the identity status scales indicate family factors were related to identity status in the following ways: Little conflict predicted the foreclosure identity status for both sexes.
  • (7) What matters for competition is, increasingly, “effects” – whether business practices lead to the foreclosure or flight from the market of equally efficient competitors.
  • (8) As Jonathan Zittrain points out : A document called “Jonathan Zittrain foreclosure of 123 Main St” might be (if I were an EU citizen) ripe for removal as a result under “Jonathan Zittrain”, but not under “123 Main St foreclosure”.
  • (9) These are people who came of age during difficult economic times, who have watched debt eat holes in their economy and in the US at least have seen waves of foreclosures.
  • (10) Still, Americans continue to be plagued by massive unemployment, foreclosures, the threat of austerity and economic insecurity while those who caused those problems have more power and profit than ever.
  • (11) What, how?” Between 2005 and 2007, 67,000 houses went into mortgage foreclosure in Detroit.
  • (12) It doesn't exactly stretch credulity, however, to recognize that banks provide bonuses to the best producers – whether they produce derivatives, mortgages or foreclosures.
  • (13) Banks, who hold the great stock of housing because of housing-bust dump of foreclosures, are limiting the supply of foreclosed homes for sale so that there isn't a glut on the market.
  • (14) I’m just thoroughly disgusted.” ‘It’s elder financial abuse’ Mnuchin, who is also a Hollywood movie producer , earned the nickname “ foreclosure king ” after he purchased distressed mortgages during the financial crisis and evicted thousands of homeowners.
  • (15) Foreclosure prevention: 75,000 fewer people would receive foreclosure prevention, rental, and homeless counseling services.
  • (16) Many Hispanic families have been forced to move home because of foreclosures since the collapse of 2008, which in turn would have caused many of them to lose their electoral registration.
  • (17) Florida has one of the highest rates of foreclosures on its homes, and though Celebration has been less pummelled than many of the state's towns, it is still hurting.
  • (18) It maintains and even expands all of the worst qualities of the foreclosure crisis – the distance between the owners of mortgages and the servicing companies; the fees that encourage servicers to foreclose; the inability to get far-flung investors to work together to fix mortgages.
  • (19) The sample was composed of 31 Achievers, 31 Moratoriums, 30 Foreclosures, and 26 Diffusions.
  • (20) It was found that both genders used the identity statuses (process) comparably, except for foreclosure which characterized males significantly more than females.