in arrears


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Related to in arrears: by fits and starts, Interest in Arrears

*in arrears

[of debts; of an account] overdue. (*Typically: be ~; get ~.) Jane's student-loan payments are in arrears. The accounts of the bankrupt company were in arrears.

in arrears

Late or behind, especially in payment of money. For example, He's been in arrears on his rent so often that he may be evicted. [First half of 1600s]
References in periodicals archive ?
Kirklees cited a legal judgement for not naming the three councillors who paid up as they were less than two months in arrears.
In other words, even though a relatively large proportion of borrowers who are in arrears are currently employed, a sizeable number of these borrowers are in a state of fragile employment.
The court held that advance payments of accrued interest in arrears were deductible because they represented a charge for the use or forbearance of borrowed money.
In condos, more than 5 percent of unit owners are in arrears in approximately 39 percent of the buildings, almost double the rate for cooperatives.
The percentage of mortgages three or more months in arrears grew from 1.
Newcastle was the first city to have Universal Credit, and the body which manages the city's council houses said in September Universal Credit claimants were more than PS1m in arrears on their rent.
The number of mortgage accounts in arrears continued to fall in the second quarter of the year, the apex bank said.
He added: "Several years into this crisis it is remarkable 65% of all family home mortgages in arrears have still not been restructured.
What can a mortgage lender do if a borrower is in arrears with her/his mortgage payments?
The number and proportion of mortgages in arrears for both owner-occupier and buy-to-let markets was either lower or remained static in all arrears bands.
The payout comes after City watchdog the Financial Conduct Authority (FCA) questioned Yorkshire Building Society's procedures for charging customers in arrears.
MOHAMMAD Asghar AM has highlighted a wide variance in the number of tenancies in arrears in South East Wales.
We always take firm action against non-payers and many tenants in arrears are on some form of repayment agreement and pay a little extra each week.
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.