Sentence examples for unsecured debtor from inspiring English sources

Especially if you are an unsecured debtor like a credit card.

Receivables are essentially unsecured loans, so a debtor is indeed what a late payer is.

Helpful as it might be, most of us are still reluctant to come clean with others about our money troubles, even in one of the few settings created for this, like a meeting of Debtors Anonymous, a 12-step program that helps members stop incurring unsecured debt.

UA is part of the group of member-run, 12-step meetings like Workaholics Anonymous and Debtors Anonymous (which concentrates exclusively on helping people get out of unsecured debt).

Upon rejection, Stockton would get to pay the Calpers claim in itty-bitty bankruptcy dollars (worth the proverbial 10 cents on the dollar, or whatever the debtor pays its unsecured creditors), but the claim would still be a big number.

The remaining $6 billion is unsecured debt.

–There are high levels of unsecured debt.

The reason they are calling is to get money out of you the debtor because it is unsecured.

For example, if a counterparty received a 50 percent upfront recovery made possible by the debtor-in-possession financing, and unsecured creditors later received only 35 percent in the Chapter 14 case, the proposal would subordinate the debtor-in-possession lenders' claim by that extra 15 percent.

The current law permits many debtors to erase all their unsecured debts, allowing them to emerge from bankruptcy court debt-free.

This argument is made in a complaint filed in the Delaware court in December by creditors that charges that Stefansson, Collier, and others discouraged other parties from bidding for the company and "may have colluded to create a deal that will ensure their continued profit... free and clear of claims held by the Debtor's [deCODE's] unsecured creditors".