Sentences with phrase «unsecured debt held»

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

Not exact matches

The hedge fund would break even on its debt investment if the Berkshire bid prevails because gains in some parts of its debt holdings, which would be paid out in full, would offset losses in the unsecured bonds it holds, where it would take a deep haircut, the people said.

It proposed repaying the unsecured debt that Elliott holds at 18 cents on the dollar.

Elliott holds $ 2.9 billion of Energy Future's secured and unsecured debt, enough to try to block the reorganization plan with Berkshire, the people said.

Lenders do not hold any collateral with unsecured loans like student loans, tax debt, credit card debt or lines of credit you might have with your bank.

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

Unsecured debt is debt for which a creditor holds no collateral, such as credit cards, department store cards, medical bills etc..

If there is a creditor who holds a second mortgage on a property and has not filed a lien, there is the likelihood that a bankruptcy court will require the creditor to file a proof of claim, and the debt will be treated like an unsecured claim.

Although secured debts are handled differently than unsecured debts in the bankruptcy process, there are extenuating circumstances that may subject a creditor who holds a secured debt to bankruptcy laws, especially after a bankruptcy closes.

One of the unsecured priority debts owing by the Debtor and listed on Schedule E - Creditors Holding Unsecured Priority Claims, is a student loan owing to Saunsecured priority debts owing by the Debtor and listed on Schedule E - Creditors Holding Unsecured Priority Claims, is a student loan owing to SaUnsecured Priority Claims, is a student loan owing to Sallie Mae.

Schedules listing your real and personal property, creditors hold secured and unsecured debt, current income, current expenditures, contracts, leases, education / tuition accounts and more

If you make the choice to go with a Debt Management Program, a credit counselling agency will then get a hold of your creditors and arrange things so that each one of your unsecured debts is added to the repayment plan (it isn't a personal consolidation loan, but it pretty much gives you the same result in the end).

He is routinely consulted by the media on issues involving consumer debt, the activities of bill collectors, and those holding themselves out as assisting consumers struggling with unsecured debt.

Since a deficiency is an unsecured debt, a creditor holding a deficiency against a debtor can file a claim against the debtor in a chapter 13.

The new debt raised by WFC and JPM will be primarily at this holding company level, though presumably the bank loans and revolving loan will be fully secured by Heinz's subsidiaries and their assets, while new high - yield notes would be unsecured.

Generally, it's best used with creditors who hold unsecured debt, which is debt not tied to any property the creditor can repossess — credit card bills, medical bills, or anything being handled by a collection agency.

AIG Life Holdings, Inc. — backed senior unsecured debt Baa1, backed junior subordinated debt Baa2 (hyb);

Represented underwriters in two simultaneous public offerings by a utility holding company of $ 300 million of unsecured debt and by its electric utility subsidiary of $ 300 million of first mortgage bonds.

It should not usually be reasonable for a tenant to be allowed to hold an unsecured interest - free debt for more than a year or two.