Sentences with phrase «seize assets tied»
Not exact matches
These debts are considered unsecured because they are not tied to an asset that can be seized if payments aren't made.
https://www.creditcanada.com/
Though unsecured loans aren't tied to assets like houses and cars that can be seized if the loan isn't repaid, they are hardly without risk.
That asset is tied to your loan so that if you are not able to repay your loan, the lender can seize that asset in order to repay the loan by selling it.
It didn't take long for new developments to surface about the Italian Mafia infiltrating the renewable energy industry: Police officers have arrested a renewable energy exec and seized 1.5 billion euros worth of assets, because of alleged mafia ties.