Sentences with phrase «liquidate assets backing»

Thornburg counterparties may declare the company in default and liquidate assets backing those financing agreements, it said....

Not exact matches

In typical asset - backed lending the assets need to be located, seized and liquidated for lenders to be made whole.

If it tumbles below the value of the portfolio, they can require you to start liquidating assets to pay back the loan.

If AFC sold off its entire business, liquidated its assets and cashed out completely the cash raised would be a small fraction of the lose change down the back of Abramovich's sofa.

The Bank of Ghana has however decided to liquidate the assets of DKM Microfinance to offset their debts and pay back customers who have their investments locked up.

If you liquidate assets, you need to create a plan to build them back up again and keep living debt free.

Bondholders may liquidate the assets and use the proceeds to get back their initial investment.

For the NAV investments at discount prices, long - term performance ought to be good enough if the issuer can continue to increase NAV, or if the company engages in resource conversion activities such as getting taken over, liquidating assets, or buying back common stock on a massive scale.

Thus both asset and liability aspects of investments have to be considered when considering liquidity — it is not only ability to liquidate, but to receive value back in real terms.

This is because your assets are liquidated to pay back your creditors, and your unsecured debts are wiped clear.

Compare a consumer proposal to bankruptcy: bankruptcy can mean having to surrender some of your assets to be liquidated, with the funds going back to your creditors for partial compensation of the debt.

Your only viable asset would be the 401k, but after penalties and taxes for early withdrawal you would not have much left, and I would never recommend liquidating retirement assets to pay debt anyway (though if you did get really desperate you could always take a loan from the 401k to pay off the highest rated debt — you'd have to pay the money back though, plus interest).

The trustee works hard in order to pay back the creditors as much as possible by liquidating your assets, and the more assets the trustee recovers from you, the more the trustee is paid.

This means that, generally, if the issuing company becomes insolvent and its assets are liquidated, you may only get back your money after all the secured creditors have been paid.

According to reports, the business reportedly plans on liquidating assets to pay back creditors.

The luxury phone producer is liquidating its assets to pay back a mountain of debt.