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A Chapter 11 case is significantly more likely to result in a sale if secured lenders are oversecured, consistent with a secured creditor-driven fire-sale bias.
"You need to dilute the negative information on your credit report, and there is no better way to do that than with a secured card," said Odysseas Papadimitriou, chief executive of CardHub.com, a credit card comparison site.
Earlier this year, she posed at a technology fair with a secured version of a Blackberry Z10; on the back of the phone there was a decal of the black eagle that is the emblem of modern Germany.
With a secured card, consumers make a cash deposit to "secure" a card with a low line of credit — typically, $300 to $500 — then draw against it to build a credit record.
With a secured card, the cardholder puts down a deposit — say, $500 — which will typically become his or her credit limit.
One piece of Dow's legal strategy, according to Brady, is that Dow recently replaced Carbide's $1.5 billion unsecured credit line with a secured $1 billion note with a 30-day demand provision.
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on a shiny yellow Walkman with a secure snap closer.
First Direct issues online bankers with a secure key.
A doctor was a well-regarded person then, with a secure job in a hospital.
The experimental result leads to a low area and power overhead with a secure methodology.
Milk is a sweet-natured closet gay with a secure job in insurance.
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