Sentences with phrase «as unsecured»

I would like to structure this as an unsecured personal loan, with a promissory note.

All you need to do is contact a few professional companies that deal regularly with such investments as unsecured promissory notes, private mortgages, and real estate notes like Anderson Real Estate Investments, LLC.

Last year, New York - based TIAA - CREF was into the market for about $ 7 billion, of which $ 4 billion was allocated to conventional mortgage lending, $ 2 billion to CMBS and the remainder to other programs such as unsecured debt and preferred and common stock for REITs.

Can a lender avoid the foreclosure process and just sue the borrower on the note (i.e., treat it as an unsecured note)?

Allow home owners to shed excess mortgage debt by filing for bankruptcy, marking their home to market, securing replacement financing for new market amount under terms set by court, and treating the remaining amount as unsecured debt.

The credit reporting agencies will look at a secured credit card with the same criteria as an unsecured card.

The Ledger Nano uses as an unsecured chip, only communicate over ST32 it to access the USB port and display.

That's not to say that they're impervious to hacks, but none of them are anywhere near as unsecured as the web cameras, printers, and DVR boxes that made up Friday's botnets.

The plan need not pay unsecured claims in full as long it provides that the debtor will pay all projected «disposable income» over an «applicable commitment period,» and as long as unsecured creditors receive at least as much under the plan as they would receive if the debtor's assets were liquidated under chapter 7.

According to the US Courts website, not all debts need to be paid in full in Chapter 13 proceedings: The plan need not pay unsecured claims in full as long it provides that the debtor will pay all projected «disposable income» over an «applicable commitment period,» and as long as unsecured creditors receive at least as much under the plan as they...

In an insolvency context, administrators may be better off agreeing that contractors and consultants should continue to work on the project to completion in return for payment of a proportion of outstanding sums (with the project team then taking their place in line as unsecured creditors for the balance).

Credit card debt, along with medical bills, payday loans and personal loans, is classified as unsecured debt.

This type of debt is known as unsecured debt.

Roughly half of GSGL's stores were subsequently closed, leaving the landlords of those stores to prove for their rent in the administration as unsecured creditors.

So, if the pence in the pound recovery of the trustees as unsecured creditors of the employer reduces on its hypothetical insolvency after the event has taken place, it is likely that event will be materially detrimental to the scheme.

Calvert Foundation's Community Investment Note - defined as an unsecured security - says it

Your exact credit score may make the decision for you, as unsecured cards have a minimum credit score for approval.

Similarly, pets that are allowed to roam (usually cats) often find food left out by neighbors, either to purposely feed their own pets or strays, or as unsecured trash.

A credit card debt may be considered as unsecured loan.

Some capital guaranteed or protected investments are secured against separate assets, whereas with other investments, investors only rank as unsecured creditors if things go wrong.

If there is not enough money to pay the total of what is owed, the secured creditor is allowed file a proof of claim as an unsecured creditor.

Based on a study of our clients from 2013 - 2014, almost one in five (18 %) insolvent debtors listed a payday loan as an unsecured debt.

In cases of bankruptcy these are treated in the same manner as unsecured debts.

Credit cards are not backed by any type of collateral and are often referred to as unsecured loans.

For instance, if you have credit card debts, payday loans or any other personal loans known as unsecured debts, you'll be inducted into the relief program or else your application will be turned down.

These laws are punitive because they are harsher on consumers than the treatment afforded to other types of unsecured debt which I will refer to as unsecured consumer debt.

Loans without collateral are known as unsecured loans.

«Any claim that the pension fund has as an unsecured creditor of Sears can not be fully evaluated until that process plays out [so] the percentage of the wind - up benefits that the fund will be able to pay will not be known for some time.

Secured cards do not work the same as unsecured cards.

This is why it is important to rid yourself of as much unnecessary debt as possible, such as unsecured credit card debt, as possible before you apply for a mortgage loan to purchase a home.

However, one of your team members, Brian, whom I met in Santa Ana, really cared about my situation and gave me such sound advice that not only was I able to keep my existing residence, but he informed me that if I filed Chapter 13, there would be a way to remove the 2nd trust deed loan on my primary residence as well as unsecured debt.

The credit reporting agencies will look at a secured credit card with the same criteria as an unsecured card.

This is because secured credit cards are not viewed as favorably in the credit scoring algorithm as unsecured cards.

Like AA, the DA encourages abstinence — in this case, the avoidance of any new unsecured debt, including credit card debt as well as unsecured loans from friends or family.

There is a process for the lender to dispute the claim of debt as unsecured, but if the petition is denied they can not collect on that debt.

Any shortfall would be included, and forgiven, as an unsecured claim in your proposal.

Unfortunately, debt consolidation loans often require good to excellent credit, and as unsecured loans, they may not be available for an amount sufficient for credit card debt consolidation.

The average person filing a consumer proposal with our firm owes approximately $ 52,000 in unsecured debts including credit card debt, bank & financing loans such as unsecured lines of credit, tax debts and payday loans.

As part of a Chapter 13 action, in which the court orders a repayment plan for the debtor to complete over several years, the second mortgage is stripped from the home and viewed in the same way as unsecured debt, such as credit card and medical bills.

That is basically the same concept as an unsecured loan.

Penalties are always paid as unsecured debts, even if the tax giving rise to the penalty must be paid as a priority claim.

They serve as an unsecured loan that you can take out at any point and pay back at a later date.

While secured cards don't typically offer the same level of rewards as unsecured cards, you still have some great options.

Signature loans work in the same manner as unsecured financing in the fact that no collateral is needed.

A secured credit card looks, feels and acts virtually the same as an unsecured credit card.

There are regular credit cards which are also being referred to as unsecured credit cards.

The bankruptcy court treated the $ 7,000 second mortgage as an unsecured debt and discharged the debt when the creditor did not make any proof of claim for the money.

A personal loan is also sometimes referred to as an unsecured loan.

LAWYER: The good news is that credit card debt is classified as unsecured debt, generally the easiest to wipe out in a bankruptcy filing.

One way is opening a secured credit card, with a preference being given to a card that reports as an unsecured card with your credit limit to all 3 bureaus.