from The American Heritage® Dictionary of the English Language, 4th Edition
- n. The state of being behind in the fulfillment of obligations or of being overdue in payment.
- n. A payment owed.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. A condition of being in arrears.
- n. An item that is in arrears, as periodic payments on a debt or for taxes.
from the GNU version of the Collaborative International Dictionary of English
- n. That which remains unpaid and overdue, after payment of a part; arrears.
from The Century Dictionary and Cyclopedia
- n. The state or condition of being behindhand or in arrears.
- n. Arrears; amount or amounts outstanding or overdue; any sum of money remaining unpaid after previous payment of a part.
In other words, if you file Chapter 13 because you are three payments delinquent, your missed payments (the mortgage "arrearage") will be paid in your plan.
He's introduced a bill that would increase the State compensation for the wrongfully convicted to a still-meager $85,000.00 per year plus any child support arrearage and would bar anyone who accepts the money from bringing a civil rights case.
HAMP: Massive rejection rates, some after many months of trial payments, have many of us *worse* off, with arrearage, dinged credit and still no lower payment - just f.c.
There, he addresses matters various and sundry, such as the claim that he was dishonorably discharged from the military (he provides documents to the contrary) and that he failed to pay child support (D'Annunzio says that he fell behind while he was "living below the poverty line" but went on to "paid the arrearage and monthly payments on time the remaining years").
It's said by some think tankers our debts today, including, but not limited to Bush/Cheney's wars and long-term vet benefits, tax collections in arrearage and unemployment payments, is currently nearing 20 percent of GDP.
After all, we wouldn't the King of Saudi Arabia to feel shortchanged when he comes inquiring about our arrearage.
For example, assume that the Johnsons have a $1000 monthly mortgage payment and their loan is four months past due, creating an arrearage of $4000.
In our example with the Johnsons, they had a $4000 arrearage and $1000 monthly mortgage payments.
When he mentions arrearage that means that there was a court order and he fell behind in his child support payments and didn't pay them.
ROBERTS: Does he have a certain window of time in which to make up this arrearage?