'After the P53 million settled by Quezon City government under the MOA has been posted, all premium
arrearages incurred by the affected members during reconciliation period will be fully paid,' according to Aranas.
* Step One: Payments during the First Year (Table A)--After entry of a judgment awarding support
arrearages, the first year's interest applicable to the new payments is determined by using table A below.
If there is a child support
arrearage in a Title IV-D case, the amount will not be reduced due to the child no longer being eligible for support pursuant to paragraph 11 above.
Arrearage can mount quickly, and many states charge interest.
Illinois child-support obligees have many options for enforcing and collecting an
arrearage on court-ordered child support.
During that time, the debtor will have paid a significant sum to the lender to cure the pre-bankruptcy
arrearage and to maintain current payments.
When the influx of materials became too great for librarians to handle on their own, nonlibrarians with a sound base of training and skills were hired to contribute to the work processes and to help minimize
arrearages. As salary levels of professional librarians increased, the possibility of hiring lower paid, but well-skilled, paraprofessionals became more attractive to library administrators, particularly in the technical services area.
Because the tenants are allowed to build up large
arrearages, by the time the court requires then to pay the rent, they have spent the money.
Relative to child support, the final orders of a state to be enforced under full faith and credit are accrued
arrearages. Assisting in collection of such
arrearages is the Uniform Enforcement of Foreign Judgments Act (UEFJA), drafted by the National Conference of Commissioners on Uniform State Laws (NCCUSL), which establishes a procedure for judgment creditors to enforce a judgment in another state provided it has enacted the uniform act.(6) Thirty-six state legislatures have enacted one or the other of two versions of the act.
* Other indications of possible financial difficulties, including defaults on loans or similar agreements, dividend
arrearages, denials of usual trade credit from suppliers, restructuring of debt, noncompliance with statutory capital requirements and the need to seek new sources or methods of financing or to dispose of substantial assets.
The net proceeds of approximately $69.7 million from this offering have been used to repurchase and retire Senior Secured Notes, to repay indebtedness under the Senior Bank Facility and to pay outstanding dividend
arrearages on the Company's Preferred Shares.
Loans to borrowers in a country with protracted
arrearages, as indicated by at least two of the following conditions, receive this evaluation: the country of the borrower has not paid full interest for at least six months; it has not complied with an IMF-supported or similar program and has no immediate prospects for doing so; it has not met its obligations on rescheduled debt for one year or more; or it has no definite prospect for an olderly restoration of debt service.
