The severity of loan defaults thereafter will be very high.
Not exact matches
On the other hand, depending on the size
of your
defaulted loan and the
severity of your debt, you may want to hire a bankruptcy lawyer to examine your financial situation.
For unsecured debts like credit cards and student
loans, the consequences
of default vary in
severity according to the type
of loan.
On the other hand, depending on the size
of your
defaulted loan and the
severity of your debt, you may want to hire a bankruptcy lawyer to examine your financial situation.
Interest coverage
of 1.7 times cash flow is very low, and akin to what one gets on CCC - rated debt, except that the
loans are typically secured by the assets
of the company, which lessens the
severity level
of defaults.
Loan defaults happened on 71 of those loans, representing about $ 4.4 billion in loan balances and a 50 percent loss severity, Jellinek no
Loan defaults happened on 71
of those
loans, representing about $ 4.4 billion in
loan balances and a 50 percent loss severity, Jellinek no
loan balances and a 50 percent loss
severity, Jellinek notes.