Sentences with phrase «other unsecured debts by»

Not exact matches

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.

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

This is typically done by consumers trying to keep up with bills for multiple credit cards and other unsecured debts.

«When a consumer is unable to meet their regular monthly debt payments, our agency as well as other (accredited agencies), may establish a DMP to help the consumer manage and pay off their unsecured debt by having the consumer deposit a monthly payment into a (trust account) which, in turn, is distributed to their creditors,» Hannah says.

The unsecured debt is not guaranteed by a property while a secured debt works the other way around.

However, filing for bankruptcy can improve your cash flow by eliminating your need to make payments on your credit card debt and other unsecured debts.

The Fund seeks to achieve this by investing primarily in the following categories of securities and instruments of corporations and other business entities: (i) secured and unsecured floating and fixed rate loans; (ii) bonds and other debt obligations; (iii) debt obligations of stressed, distressed and bankrupt issuers; (iv) structured products, including but not limited to, mortgage - backed and other asset - backed securities and collateralized debt obligations; (v) equities; (vi) other investment companies, including business development companies; and (vii) real estate investment trusts.

It is better to work on paying off the high - interest unsecured debt by means of budget adjustments and other options.

Collection methods used by lenders for payday loans include those commonly used by credit card companies and other holders of unsecured debt.

In most cases, a person can get substantial savings every month by using a second mortgage to pay off credit cards and other unsecured debts.

The FDCPA is used for the new debt relief program offered by Golden Financial Services, to eliminate credit card debt and other unsecured debt.

Unsecured Debts are things that aren't guaranteed by collateral, or in other words, personal assets, such as your home.

Unsecured debt is chiefly credit card debt, plus payday loans and other debts not backed by property.

Credit card debt (along with other forms of debt not secured by collateral) is unsecured debt and can be discharged through bankruptcy.

A Chapter 13 bankruptcy is a government - sponsored debt consolidation plan: this means that all of your unsecured debts (credit cards, medical bills, retail accounts, and other debts that are not secured by collateral) are combined into one debt amount.

The definition of a debt relief service is «any service or program represented, directly or by implication, to renegotiate, settle, or in any way alter the terms of payment or other terms of the debt between a person and one or more unsecured creditors or debt collectors, including, but not limited to, a reduction in the balance, interest rate, or fees owed by a person to an unsecured creditor or debt collector.»

In Chapter 7 bankruptcy, credit card debt, medical debt, personal loans and other types of unsecured debts may be wiped out by the bankruptcy court for a fresh start.

«Student loans issued by private companies should be treated like any other private, unsecured debt, and be -LSB-...]

Angela, first, regarding the unsecured creditors, it would seem to me that this is no different than any other large unforeseen and unsecured debt taken on by a corporation.