Sentences with phrase «by unsecured»

The unsecured creditors sued ESP, claiming that $ 175,884.42 of payments to ESP in the 90 days preceding the filing of the Petition were preference transfers which were avoidable by the unsecured creditors.

In order to for the AHC Plan to be approved by the unsecured creditors, a double majority of the unsecured creditors, consisting of 50 % + 1 of the creditors (counted by head) and 66.67 % of dollar value of the debt must vote in favor of the plan.

Leading litigator for Citibank in connection with the Chapter 11 bankruptcy of LyondellBasell, the world's third - largest chemical company, including in the multibillion dollar fraudulent conveyance lawsuit brought against Citibank and other lenders by unsecured creditors

Criticism levelled by unsecured creditors, who are often uninformed and given no opportunity to protect their position before the pre-pack takes place;

How a dorm room Minecraft scam brought down the Internet (Garrett M. Graff / Wired - ARTICLE) «The most dramatic cybersecurity story of 2016 came to a quiet conclusion Friday in an Anchorage courtroom, as three young American computer savants pleaded guilty to masterminding an unprecedented botnet — powered by unsecured internet - of - things devices like security cameras and wireless routers — that unleashed sweeping attacks on key internet services around the globe last fall.»

Only a bankruptcy or consumer proposal provides immediate protection from actions taken by your unsecured creditors.

However, for people crushed by unsecured debt — usually credit cards bearing painful interest rates — Ramsey resolutely avoids ready remedies like consulting a nonprofit credit counseling service, enrolling in a debt management program or seeking a lower - interest debt consolidation loan.

If your bond issuer goes bankrupt, secured creditors like banks are paid first, followed by unsecured creditors like bondholders.

i believe itt is a nice possibility concerning people.David Garcia, CA I suppose thhat buyers must be extremely careful by unsecured also brief term loans.

If your bond issuer goes bankrupt, secured creditors like banks are paid first, followed by unsecured creditors like bondholders.

If a client wants sensitive information transmitted by unsecure means, they are not likely to remain clients.

Not exact matches

The loans that Goldman plans to provide will reportedly be unsecured by collateral, which is attractive for borrowers but can also be expensive.

Even though the Massachusetts filers owed substantially more in unsecured debt (that is, debt not backed by a home, a car, or another asset) than their counterparts in other states, they reported less than half as much medical debt, which is also unsecured.

By 2011, she had more than $ 65,000 in unsecured debts alone.

Alternative lenders rely more heavily on unsecured loans, but some lenders offer lines of credit backed by inventory, equipment, or even accounts receivable.

Known as debt settlement, it's a process by which consumers stop paying unsecured creditors, wait months or even years until creditors have given up hope of collecting, then offer to settle outstanding balances for mere fractions of the amounts owing.

The amount of the loan that can be unsecured may vary by lender.

«ETNs are unsecured instruments backed by the credit of the issuer, and it tracks the performance of the underlying asset.

He had only just learned something was awry when, as an investor in three of Concrete's buildings, he had received proxy forms asking him to sign over his stakes to a company called Strategic Group in return for unsecured debentures, a kind of IOU not backed by real collateral, promising to pay him 6 % a year.

Buffett's $ 9 billion bid to acquire Oncor Electric Delivery Co. started to unravel last week after Paul Singer's Elliott Management Corp. outmaneuvered the Oracle of Omaha by acquiring a small parcel of unsecured debt.

The data, according to UpGuard's analysis, «included 1.1 terabytes of entirely unsecured personal information compiled by DRA and at least two other Republican contractors, TargetPoint Consulting, Inc. and Data Trust.

Its biggest group of unsecured creditors are bondholders represented by the Bank of New York Mellon who are owed $ 658 million.

In the ads, Thicke — a Canadian who played the father on the hit»80s sitcom Growing Pains — pitches the idea that, with Cambridge Life, consumers can cut their unsecured debts by up to 70 per cent.

Thus, the Desk was able to target a rate in one part of the unsecured market by conducting small secured operations as needed with primary dealers.

«Business owners need to be aware of the very high price of merchant cash advances,» says Mitch Jacobs, founder and CEO of On Deck Capital, which provides unsecured small business loans to companies denied by traditional banks.

Here we compile the average rates on unsecured personal loans, grouped by credit score and lender.

On June 7, 2017, the Connecticut Senate passed HB 07141, an Act Concerning Secured and Unsecured Lending, by a vote of 36 - 0.

The best secured cards will be offered by a reputable bank that can eventually offer you an unsecured card.

We examine the role of identity claims constructed in narratives by borrowers in influencing lender decision making regarding unsecured personal loans.

The applicable margin and the commitment fee are determined by reference to a pricing schedule based on the credit ratings applicable to HP's senior unsecured indebtedness.

The ETNs are unsecured debt obligations of Barclays Bank PLC, the issuer, and are not, directly or indirectly, guaranteed by any third party, according to Barclays Bank PLC..

Fast forward to April 2012 and once again GE finds its senior unsecured debt downgraded by Moody's, this time to Aa3 from Aa2.

Unsurprisingly, avarice prevailed as some traders speculated in stocks paid for by billions of dollars worth of unsecured checks, causing Kuwait's stock market to inflate like a balloon and pop in a most analogous manner.

A skilled mortgage broker can accommodate a range of client needs by cross-selling products like factoring or ABL, unsecured lines of credit, purchase - order financing, mezzanine loans, merchant - cash advances, or short - term working - capital loans.

Whether unsecured or secured, business loans come with set maturity dates by which you must repay the loan.

The run was on wholesale money - that is, on repo and on unsecured commercial paper that had been issued in the hundreds of billions by financial institutions loaded down with securitized toxic garbage, including a lot of in - process inventory, on the asset side of their balance sheets.

We estimate recoveries could potentially range from 30 percent or less for subordinate, unsecured or appropriated debt to as high as 100 percent for bonds that are deemed by the courts as secured.

A short - term unsecured promissory note issued by a finance company or a relatively large industrial firm.

You can reduce your interest rate by replacing your unsecured debt with secured home equity financing.

Lending Club's and Prosper's notes are almost exactly the same as revolving unsecured credit cards offered by commercial banks.

In recent months, the interest rate on secured fixed - rate personal loans has been reduced by 2.1 percentage points to 9.9 per cent, and that for unsecured fixed - rate loans has fallen by 1.2 percentage points to 11.1 per cent.

Unsecured loans are not secured by collateral like your home, or vehicles etc. interest rates or these are usually higher because of the unreliability and thus lenders are reluctant when giving these loans.

This is in line with the averages seen by the Federal Reserve for unsecured debt.

The next stage in the development of Canada's first credit fund that invests in marketplace loans — unsecured consumer and small business loans provided by online lending companies — is set to play out over the next month.

The interest rate on CD loans is much lower than those charged by credit cards, unsecured loans or riskier loans — like payday or title loans.

ETNs are designed to deliver the total return on a broad index or individual commodity, but rather than being structured as pools of securities that the fund itself owns, they are instead unsecured bonds (notes) issued by a firm that agrees to deliver the return of the index it tracks.

Online lenders offering unsecured, personal and small ticket loans can greatly benefit from our 6 - Click Lending process, providing the «wow» experience to consumers by making loans as simple to get as placing an order on Amazon.

The promissory note may be secured by some business asset or it may be unsecured.

Statistics show gun owners are the victims of more gun deaths — accidents, unsecured guns being accessed by chlldren, domestic violence situations and you are NOT safer with one in your home.

Certainly we are saved by faith, not historical legitimization, but does not opening the door to the contingencies of historical discovery make more, not less, room for unsecured faith?