Mr. Dorman's mortgage lender agreed to allow him to suspend payment for five months, but he said the sum of his missed payments will be due in April.
And it has issued a request for public comments on issues such as the use of lump sum loan payments (Where do consumers place loan money that they do not use immediately?) and long-term outcomes for borrowers (Do borrowers who still have a loan after 5 or more years typically feel that the loan was a good choice?).
These loans give them access to their home equity right away, either through a lump sum, monthly payments, or a line of credit.
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Put another way, women may have further reasons to forgo a company lump sum payment in favor of a monthly pension stream of payments.
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The purchase may be made outright (lump sum) or through a series of deferred (installment) payments.
Last year, both Ford and General Motors took bold new steps by offering lump-sum payments to white-collar retirees in lieu of a monthly pension check.
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Other factors also exaggerated the income increases in the two months, including lump-sum benefit payments handed out in December, and the loss of income for many in the New York area during October because of disruption from Storm Sandy.
Instead of annual raises that would drive up fixed costs, workers will receive lump sum payments and profit-sharing bonuses.
Twelve banks previously agreed to postpone mortgage payments for three to six months without requiring a lump sum at the end of the forbearance period, the state said.
Tuition can be purchased in terms of years or units, either as a one-time lump sum or through monthly installment payments.
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Under this, early departure payments in the form of a lower level of pension, and a lump sum, are paid to service men and women with at least 18 years service who are aged 40 or over.
That sum includes milestone payments for discovering genes involved in diabetes, heart disease and psychiatric disorders, royalties of an undisclosed amount on the sale of any resulting drugs, and the purchase by Roche of a small equity stake in DeCode.
Greece's rescuers want to cut the chances of its defaulting on its restructured debts by insisting it keep a sum equal to the coming quarter's interest payments in escrow.
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