Sentences with phrase «many unsecured debts»

And because of the softening in the market, they haven't been able to find a lender willing to issue them a HELOC large enough to cover their unsecured debt.

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.

«The average medical debt in Massachusetts in 2013 was relatively low at just $ 3,041 (6 percent of total unsecured debt) compared to $ 8,594 (20 percent of total unsecured debt) nationwide,» Austin writes in his 2014 study, portions of which were published in the Maine Law Review.

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

She built up a stack of unsecured debt before the credit crisis devastated her investments in 2008.

An ETN is an unsecured debt instrument that promises to pay the pattern of returns of the bitcoin price.

Meanwhile, in Detroit, the city initially classified its general obligation bonds as unsecured debt before settling with creditors for less than 100 cents on the dollar.

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.

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.

We invest across the entire capital structure, including senior and subordinated, secured and unsecured debt as well as equity, in both public and private large - cap and middle - market companies.

It proposed repaying the unsecured debt that Elliott holds at 18 cents on the dollar.

Elliott holds $ 2.9 billion of Energy Future's secured and unsecured debt, enough to try to block the reorganization plan with Berkshire, the people said.

Most people focus on consolidating unsecured debt, such as credit card debt and payday loans, because of the higher interest rates that are charged on these types of debt.

InCharge Debt Solutions, a leading nonprofit organization, offers free and impartial debt relief solutions to consumers struggling with credit card or other unsecured debt.

Junk bonds are typically subordinated, unsecured debt obligations of the issuer.

ETNs are riskier than ordinary unsecured debt securities and offer no principal protection.

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.

And with the unsecured debt markets essentially closed to many of these banks, the ECB loans will be needed to fund existing assets.

«A typical approved applicant will have total unsecured debt of less than 30 percent of gross annual income,» says Foley.

Your credit score has a greater effect on the interest rate for credit cards because credit cards are unsecured debt.

The bankruptcy fully discharges the shortfall as a (now) unsecured debt, just like all other debts dischargeable in bankruptcy: credit cards, unsecured lines of credit, income tax arrears, older student loans, etc..

So if a person had $ 50,000 in various credit card debts and tax arrears, and another $ 50,000 in a shortfall on a mortgage, the total unsecured debt is $ 100,000, for which creditor votes totalling $ 51,000 would carry the proposal.

Both achieve the same end: eliminating all unsecured debt — including taxes owing — with a full legal release.

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

If you have unsecured debt, chances are you're paying a significantly higher interest rate than you'd be charged with a HELOC.

Credit counselling agencies contact creditors and negotiate a DMP to fully repay your unsecured debts over a period of up to five years.

Your chances of getting approved for an unsecured debt consolidation loan are low if you are switching jobs often.

Personal loans are unsecured debt, meaning there's no collateral for the bank to collect if you default on the loan.

In the process, shareholders would appropriately be wiped out, subordinated debt would be wiped out, senior unsecured debt could be written down to the extent that losses were still uncovered, and senior bondholders would get equity and convertible debt in the new restructured institution.

Also, when you cash out your equity to pay unsecured debts, you are actually exposing yourself as you stand the risk of losing your property in case of default.

With debt consolidation, you can combine unsecured debts into one loan with a lower interest rate.

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

Because they're secured, you don't run the risk of building up large amounts of unsecured debt.

Drake pointed out that student loan interest is usually lower than other types of unsecured debt, like credit cards and personal loans from banks.

They are currently benefiting from not being able to default by paying a lower interest rate than other types of unsecured debt.

Fitch rates the senior unsecured debt of GM and its General Motors Acceptance Corp. finance arm «A-minus,» its fourth lowest investment grade, and their short - term debt «F2,» its second lowest.

Customers with less than $ 15000 of unsecured debt may benefit from a debt consolidation loan or credit counseling services.

If you owe more than $ 10,000 in unsecured debt (credit cards and personal loans) then a settlement program could be a more suitable approach.

If you find out that your existing unsecured debt is cheaper than the consolidation loan that is being provided to you, it is better to avoid consolidating it.

Most debt settlement programs follow the same basic steps to get creditors to negotiate your unsecured debt.

When you speak with a bankruptcy attorney, you will be asked how much secured debt you have and how much unsecured debt you have.

Accredited Debt Relief will only consider customers with unsecured debt of $ 15000 or more.

Request an unsecured debt consolidation loan here from private companies.

Unsecured debts are not tied to any particular asset, and include most credit card debt, bills for medical care, and signature loans.

Unsecured debt includes credit card balances, unpaid medical bills, and personal loans.

Unsecured Debt: Debt to a creditor who does NOT have any collateral securing the debt.

For unsecured debts like credit cards and student loans, the consequences of default vary in severity according to the type of loan.

However, the government does not offer unsecured debt consolidation loans for most bad credit borrowers.

You can now safely address any type of unsecured debt including credit cards, student loans, and debt collection accounts all through Golden Financial Services.