Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,899,190,904 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

cure rights

    0.01 sec.
cure rights

In bankruptcy, the right to fix a default so that a creditor cannot pursue its remedies. For example, a debtor may file for bankruptcy moments before foreclosure, stop the foreclosure, and then propose a plan to cure the default and past due sums. Usually the plan involves small monthly payments over the course of several years. Of course, it is not enough to cure the default, the debtor must also stay current on future obligations, but bankruptcy will sometimes allow for a renegotiation of those obligations.



Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
Under the Senate bill, rescission is available for any violation of the bill's broad loan origination requirements without any extended cure rights.
All of the ground leases have initial terms or extension options that extend at least 20 years beyond the terms of the related mortgage loans and provide the trustee with notice and cure rights in the event of a ground lease default.
HOWEVER, WYNDHAM MAY ASSERT THAT IT HAS CURE RIGHTS OR THAT IT OTHERWISE RETAINS RIGHTS TO THE SECURITY DEPOSITS.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.