The opposite of secured debt / loan is unsecured debt, which is not connected to any specific piece of property and instead the creditor may only
satisfy the debt against the borrower rather than the borrower's collateral and the borrower.
Not exact matches
Ignoring your tax
debt will impel the IRS to use tough tactics
against you, such as placing a tax lien
against your property or levying your assets until your
debt is
satisfied.
Not
satisfied with his acquittal, the Attorney - General again filed a criminal appeal at the Court of Appeal
against the judgement
debt beneficiary, but still lost as the three - member panel of judges, namely, Justices Victor Ofoe (president), Lawrence Ladzagla Mensah and Francis Korbieh.
When there's a wage garnishment
against you, your employer is required to withhold earnings from your paychecks until a
debt is
satisfied.
Quite likely the district court's application of judicial estoppel
against the trustee was inappropriate, at least to the extent Gardner's personal injury claims were necessary to
satisfy his
debts.