And other than in rare cases, student loans can not be discharged in bankruptcy, giving them the distinction of being one of the very
few debts a distressed borrower can never climb out from under.
Not exact matches
In the 1980s and»90s, Elliott applied its acumen primarily to
distressed debt and other more esoteric securities where relatively
few Wall Street investors ventured.
Indiana school districts are now allowed to refinance their
debt, but
few have asked the
Distressed Unit Assistance Board for help.
And there we have what may prove to be the biggest news of the moment (unless you happen to invest in Greece's sovereign
debt); we're seeing
fewer distress property transactions than we expected to.
Opportunity funds concentrating on
distress intend to take advantage of the seized - up
debt markets in a
few different ways.
There are
few lenders willing to finance note purchases due to the complicated nature of
distressed debt situations.