When restructuring debt, your credit score will likely increase after a month or two.
CIM Group has done business with the Trump and Kushner families since at least 2011,
when it restructured the debt on a struggling Manhattan hotel condominium known as Trump SoHo.
Not exact matches
The legislation, called PROMESA, would create a federal oversight board to help Puerto Rico governments balance their budgets, improve financial reporting and facilitate
debt restructuring when voluntary agreements between creditors and borrowers can not be reached.
Activist investor and hedge fund manager John Paulson has joined Valeant Pharmaceuticals International's board, a move that comes at a time
when the embattled Canadian drugmaker is
restructuring itself to repay
debt.
When it finally happened, the impact on the markets was muted, which means there may be less urgency to resolve a standoff in Congress over
debt restructuring legislation.
Then you holdout — refuse to negotiate a reduction in the value of the bond
when the country tries to
restructure its
debt.
Governor Bruce Rauner's recent pension bill would allow Chicago and other municipalities to file for bankruptcy, a mechanism which would allow the city to start over,
restructure its past
debt, and reform its pensions plans (but even in this case, there would be obstacles around
when Chicago could actually file because of the way the city reports its
debt).
The practice is based on historic provincial
debt collection legislation intended in part to provide consumers with voluntary
debt consolidation service
when no one will lend — before the availability of the consumer proposal embodied in federal
debt relief, financial
restructuring legislation.
It is the same principle which regular lenders benefit from
when their
debts are
restructured.
Bankruptcy also offers you the chance to
restructure your
debt — and, in the case of Chapter 7,
when you absolutely can't repay your
debt.
When a company goes bankrupt, it gains the legal right to
restructure its
debts.
Vulture investors like Mr. Smith often buy up the
debt of weak companies for pennies on the dollar, hoping to turn a profit
when the companies go through bankruptcy or
restructure their businesses.
That means that six out of every ten people who filed bankruptcy
when George W. Bush was still president and I was still closer to age 18 than age 40 had to
restructure debts because of a medical issue.
When companies falter and the equity becomes drained of value, holding the right bonds can allow private equity sponsors to control the
restructuring and potentially regain ownership after converting
debt into new equity.