Conceding that the advance interest payments resulted in "an odd portrayal of Leverage Leasing's taxable income," the court said Congress had allowed it through taking no action to prevent "the payment of interest in arrears
before the due date, so long as the interest was allocable to the year in which it accrued.
Assistant convenerJohn Dowson said: "The councillors in arrears
are showing a very bad example to the public.
88% of mortgages were in arrears
at the end of 2008
Homeowners in arrears
for more than two years made up one third of all cases at the end of June - a fact the report said proves the banks are failing to deal with the crisis.
According to the latest available figures, the number of tenancies in arrears
for 2011-2012 varies from 1,804 in Blaenau Gwent, 1,852 in Merthyr Tydfil to 6,620 in Caerphilly.
It's no fun for the tenant either who gets in arrears
New research by LSL Property Services, owner of the UK's largest lettings agent network, including national chains Your Move, suggests just 16% of landlords saw an increase in arrears
in the past year.
In his judgment (I Doncaster v Coventry City Council), the chairman of the Coventry Appeal Tribunal categorically disagreed with the DWP view, saying that rent is in arrears
once the contractual date for payment has passed irrespective of whether rent is due in advance or in arrears
PAY up or face eviction in the New Year is the warning from the Gateshead Housing Company to tenants in arrears
Series leader Hodgson powered his INS Ducati into pole position with just 50 seconds of the final qualifying session remaining at the Leicestershire circuit yesterday, but Suzuki-riding Walker was less than half a second in arrears
In 20 percent of the buildings, more than 5 percent of the shareholders are in arrears
The terms of the loan will otherwise remain the same, with interest at 14 percent per annum, payable quarterly in arrears
If a person is in arrears
with his/her council tax payments and if other steps by the local council have failed to recover the arrears, the council can apply to the magistrates court for a liability order Q.
Stark Central Bank figures showed 94,488 households were in arrears
of more than 90 days at the end of last year, up 3,130 in three months.
The body which represents Welsh councils last night claimed the collection rate was "very positive", but attributed the rise in arrears
to the impact of the recession.