Sentences with phrase «unsecured debt by»

Obtained confirmation of a plan of reorganization that reduced the business's unsecured debt by 60 %.

An IVA involves settling as much as possible of your unsecured debt by extending the payment term, and reducing the monthly payments.

John was trying to get his business off the ground and had incurred a ton of unsecured debt by doing so.

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

«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.

In the ads, Thicke — a Canadian who played the father on the hit»80s sitcom Growing Pains — pitches the idea that, with Cambridge Life, consumers can cut their unsecured debts by up to 70 per cent.

Debt Settlement — negotiators work to reduce balances on unsecured debts by negotiating with creditors and third - party debt collection companies

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.

By 2011, she had more than $ 65,000 in unsecured debts alone.

Known as debt settlement, it's a process by which consumers stop paying unsecured creditors, wait months or even years until creditors have given up hope of collecting, then offer to settle outstanding balances for mere fractions of the amounts owing.

Buffett's $ 9 billion bid to acquire Oncor Electric Delivery Co. started to unravel last week after Paul Singer's Elliott Management Corp. outmaneuvered the Oracle of Omaha by acquiring a small parcel of unsecured debt.

The ETNs are unsecured debt obligations of Barclays Bank PLC, the issuer, and are not, directly or indirectly, guaranteed by any third party, according to Barclays Bank PLC..

Fast forward to April 2012 and once again GE finds its senior unsecured debt downgraded by Moody's, this time to Aa3 from Aa2.

We estimate recoveries could potentially range from 30 percent or less for subordinate, unsecured or appropriated debt to as high as 100 percent for bonds that are deemed by the courts as secured.

You can reduce your interest rate by replacing your unsecured debt with secured home equity financing.

This is in line with the averages seen by the Federal Reserve for unsecured debt.

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.

By consolidating with a debt consolidation firm rather than a credit counseling agency, you typically turn unsecured debt — like credit card debt — into a secured debt — one backed by property like your home or caBy consolidating with a debt consolidation firm rather than a credit counseling agency, you typically turn unsecured debt — like credit card debt — into a secured debt — one backed by property like your home or caby property like your home or car.

Unsecured tax debts are included in a proposal and CRA is bound by the terms of an accepted proposal.

You also save a significant amount of money by avoiding the more expensive interest charges associated with unsecured revolving debt.

Debt arising from credit card use represents less than half of the total average unsecured debt held by AmericDebt arising from credit card use represents less than half of the total average unsecured debt held by Americdebt held by Americans.

Thus, avoid acquiring high interest unsecured debt like the one offered by credit cards.

Our goal is to help you get out of debt as fast as possible by negotiating with your creditors to get them to accept significantly less than face value on your unsecured debts.

To Learn about Unsecured Debt Relief Programs, check out this Exclusive Guide — Free For The Public (No Need To Signup)-- Just get it BY VISITING THIS PAGE NEXT.

But cash - out refinancing also has one major downfall: By binding your unsecured debts to your home, you've compromised your home's equity and have a higher risk of going «underwater» — having a house that is worth less than you owe the bank.

Subordinated debt can be either secured or unsecured by assets.

While some financial emergencies can be solved by using a credit card, cards have been a source of financial problems because as a source of existing easy credit they have often been used casually, at times irresponsibly, and ultimately led to people having significant unsecured debt incurring high interest rates.

Prosper is offering unsecured loans for almost any purpose, and it's possible for borrowers to save a lot of money by using a loan through Prosper to consolidate debt or avoid higher - interest options.

A good mix of credit - Improve your credit profile by having a mix of both secured and unsecured debts.

Commercial Paper Rate (CP) Commercial paper is an unsecured short - term debt issued by corporations and banks with good credit.

The majority of loans facilitated by LendingClub are unsecured personal loans used by borrowers to consolidate debt and pay off higher - interest credit cards, although personal loans can be used for almost any purpose.

Any use of the term «debt - free» or «debt freedom» on this site or by any Guardian representative, refers only to unsecured debt enrolled in our debt settlement program — and does not relate to or promise any relief from secured debt and / or unsecured debt not enrolled in a debt settlement program.

Debts on consumer bank accounts aren't secured by any property and thus are unsecured dDebts on consumer bank accounts aren't secured by any property and thus are unsecured debtsdebts.

Prior to the new legislation, consumers with significant unsecured debt could safeguard their home equity by filing a consumer proposal and offering the equivalent «value» to their creditors as part of their settlement terms.

I make approximately $ 65000 a year but owe $ 30000 in unsecured debt in addition to student loans, a mortgage (that just went up by $ 500 due to escrow issues) and a car note.

The only way a bank or lender can reclaim unsecured debt in default is by going through a private debt collector or potentially by taking legal action.

An unsecured debt is not assured by your assets, such as car or home.

By trading your unsecured loans (your credit card debts) for a secured loan, you are putting your house on the line.

Unsecured debt is held by creditors that have no claim to your assets, unless they file suit against you (i.e. credit cards).

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

Secured debt is different from unsecured debt like credit cards or personal loans because the debt is attached to (or «secured» by) the property you purchased with the loan.

Ultimately, you will pay many thousands more by tapping into your home equity than if you had left your unsecured debt alone.

An unsecured debt is one that is not backed by collateral, and includes credit cards, medical bills and student loans.

and subject to debt limitations — which, as of April 2016, were no more than $ 394,725 in unsecured debt (debt not backed by collateral, such as credit card debt) and $ 1,184,200 in secured debt (like mortgages and car loans).

Chapter 13 also is only available to debtors with regular income and subject to debt limitations — which, as of April 2016, were no more than $ 394,725 in unsecured debt (debt not backed by collateral, such as credit card debt) and $ 1,184,200 in secured debt (like mortgages and car loans).

As a general rule, unsecured debt is wiped out by filing bankruptcy, whereas previous obligations to pay secured debts will remain if you retain the property that serves as collateral for the loan.

Personal loans are unsecured debt that are not backed by any collateral, such as a car or house.

By transferring your credit card debt to a home equity loan, you are converting an unsecured loan into a loan that is secured by your homBy transferring your credit card debt to a home equity loan, you are converting an unsecured loan into a loan that is secured by your homby your home.

VARIABLE RATE LOANS OFFERED BY CREDIT CARD COMPANIES FOR PAYING OFF DEBT Many credit card companies will offer debt consolidation loans for you to pay off your unsecured dDEBT Many credit card companies will offer debt consolidation loans for you to pay off your unsecured ddebt consolidation loans for you to pay off your unsecured debtdebt.