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3 years ago

How long does Bankruptcy stay on your credit report?

1 answer:

7 0

The bankruptcy public record is deleted from the credit report either seven years or 10 years from the filing date of the bankruptcy, depending on the chapter you filed. Chapter 13 bankruptcy is deleted seven years from the filing date because it requires at least a partial repayment of the debts you owe

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A commercial bank wants to determine if an applicant for a loan is likely to be able to pay its bills as they come due. Which ty

Drupady [299]

Answer: Debt-to-income (DTI) ratio

Explanation: The DTI ratio is one that considers the customer's debt relative to his disposable income (income available for spend after personal income tax deduction). The ratio varies from bank to bank. It is the number one thing a bank considers before granting a loan facility to a customer.

The fact that a customer is paying off all its due loan obligations in a timely manner without any default does not mean he is liable to obtain a loan facility if his DTI ratio is on the high side. If the DTI ratio is on the high side, it means the customer's debt is absorbing the substantial portion of the disposable income. To enable the customer get more facilities, <em>it is expected that the disposable income too should increase or better still if the customer can enhance / increase his earning capacities. </em>

8 0

4 years ago

Who is the principal Federal official for domestic incident management? A. FEMA Administrator B. Federal Coordinating Officer C.

hram777 [196]

Answer:

Explanation:

The individual that acts as the principal Federal official for domestic incident management is referred to as the Secretary of Homeland Security. The individual in this role is responsible for overseeing the proper functioning of the Department of Homeland security which deals with counter-terrorism, cyber-security, aviation security, and border security among other things. Today the individual in this position is Chad Wolf.

7 0

3 years ago

Be-The-One is a motivational consulting business. At the end of its accounting period, December 31, 20Y2, Be-The-One has assets

Ann [662]

Answer:

a. Stockholders' equity as of December 31, 20Y2

Assets = Equity + Liabilities

395,000 = Equity + 97,000

Equity = 395,000 - 97,000

= $298,000

b. Stockholders' equity as of December 31, 20Y3.

Assets = Equity + Liabilities

(395,000 - 65,000) = Equity + (97,000 + 36,000)

330,000 = Equity + 133,000

Equity = 330,000 - 133,000

= $197,000

3 0

3 years ago

What are the problems the publishers face

Elina [12.6K]

Publishers face the economy’s choices in products they want/need and on how the ways of selling it and where to sell it

4 0

4 years ago

In which of the following choices are both the stock and options positions on the same side of the market?

BaLLatris [955]

Answer:

A. Long call/long stock

C. Long put/short stock

Explanation:

These two stock options are beneficial in the bull markets also they are for the same side i.e. the upside. The short call is when profitable when the market declines while on the other hand the long call should be when the market boost

Like this, the short put and short stock dealed with

And, the long put is profitable when the market declines and the short stock is profitable when the market declines

Therefore the option A and C is correct

6 0

3 years ago