Tag Archives: Unsecured

Navigation After Financial Closure – Bankruptcy Unsecured loans

Bankruptcy possesses a stigma mounted on it that could be tough to eradicate. Is usually that every thing you really think, then you’ve got to rethink. Because you have filed for bankruptcy does not necessarily mean a sensational scene a … Continue reading

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Update on the Potential Recovery of MF Global Bonds including 6.25% Senior Unsecured Notes

The White Law Group recently blogged about the potential for recovery of MF Global 6.25% Senior Unsecured Notes, due 2016, by investors. The firm is currently evaluating the potential to file claims against the brokers and brokerage firms that sold … Continue reading

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What is an Unsecured Debt?

In Colorado, an "unsecured" debt is any debt for which you haven't pledged collateral and for which your lender has not obtained a lien against you. If your debt is unsecured, your lender cannot repossess or seize any of your … Continue reading

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Bank May Seek Attachment On Unsecured Guaranty Even If Principal Loan Is Secured

Question: May a Bank who made a construction loan secured by real property seek a right to attach order and writ of attachment against a third party guarantor on its unsecured guaranty security? Answer: Yes, according to the Fourth District … Continue reading

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Considerations for Service on an Unsecured Creditors Committee

With bankruptcy filings up by more than 25% in the recent past, and with the promise of many more to come in the near future, an increasing number of businesses and individuals may find themselves listed amongst the largest unsecured … Continue reading

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