Sentences with phrase «on securing debt obligations»

Lenders are usually focused on ensuring the debtor paying debt owed, but should also be focused on securing debt obligations.

Not exact matches

In addition, once a secured debt obligation is paid off, you should request immediately that the lender terminate the lien on said asset (s) through the filing of a UCC - 3 form.

On April 30, 2009, the automaker filed for Chapter 11 bankruptcy protection to be able to operate as a going concern, while renegotiating its debt structure and other obligations, [41] which resulted in the corporation defaulting on over $ 4 billion in secured debtOn April 30, 2009, the automaker filed for Chapter 11 bankruptcy protection to be able to operate as a going concern, while renegotiating its debt structure and other obligations, [41] which resulted in the corporation defaulting on over $ 4 billion in secured debton over $ 4 billion in secured debts.

Senior secured loans: Leveraged Loans or senior loans are on top of a company's capital structure so they are the first to be repaid before other debt obligations and equity holders.

Since secured loans, child support and alimony and some other debts can not be included in a bankruptcy, you will still need to make your regular payments on these obligations even if you declare bankruptcy.

In addition, once a secured debt obligation is paid off, you should request immediately that the lender terminate the lien on said asset (s) through the filing of a UCC - 3 form.

In addition, the liens on secured debt — think mortgage and car loan — generally pass through bankruptcy unscathed, meaninig your obligation to pay them remains.

Chapter 13 debtors have up to five years to catch up on home mortgage obligations and other secured debts.

Most debts except: fines, penalties, compensation and forfeiture orders imposed by any court; any debt that has been incurred through fraud; student loans; any obligation to pay maintenance to an ex-spouse due under a court order (not Child Support Agency arrears or Child Maintenance Service arrears); and money owed to a creditor whose debt is secured on your property (such as a mortgage or secured loan).

Acting on asset - backed structures, including secured loans, commodity financings, securitisations, collateralised debt obligations (CDOs) and exchange traded funds (ETFs).

«charge» means a charge on land given for the purpose of securing the payment of a debt or the performance of an obligation, and includes a charge under the Land Titles Act and a mortgage, but does not include a rent charge; («charge»)