Not exact matches
During this time we often also see informal
kinds of partial
debt forgiveness, for example when sovereign borrowers have repurchased their obligations in the secondary market at steep discounts, often secretly, or exchanged their obligations for other assets at a discount, for example the famous
debt / equity swaps in
several Latin American countries in the 1980s (see footnote 3).
A significant portion
of each generation has substantial consumer
debt of several different
kinds.
Even if you've handled your personal finances quite well and are
debt - free yourself, the
kind of money you can end up owing with
several hundreds
of thousands invested in your business can be daunting.
Having a diversified portfolio
of loans and credit accounts can help you appear more attractive to a lending institution, as they like to see that you can handle
several different
kinds of debt.
This
kind of debt assistance program is effective for
several reasons.
There are
several different
kinds of debt that people often find themselves in; however the majority
of people agree that the most worrisome type is tax
debt!
Several of the attorneys we spoke to advised against racking up any
kind of debt when opening a firm.