What is unsecured debt? Unsecured debt is a form of borrowing that is not secured by a specific material asset. Since this type of debt doesn’t require an asset as collateral, t ...

Many people who should consider filing for bankruptcy avoid doing so out of shame or fear it could ruin their credit. But it ...

If you're struggling to pay your bills, you might be able to lower your payments by working with a debt relief company. Unlike debt consolidation, which merges multiple balances into one loan with ...

A Houston-based online car dealer filed for bankruptcy to restructure its debt — months after the company shuttered some of ...

KBRA assigns a rating of BBB to FS KKR Capital Corp.'s (“FSK” or “the company”) $600 million, 6.125% senior unsecured notes due January 15, 2030. The ...

Altice France and a group of secured creditors ended their first round of discussions without reaching a deal over how to ...

Like most other debt settlement companies on the market, Freedom Debt Relief works with unsecured debts like personal loans, lines of credit, medical debt and private student loan debt.

South Africans earning high income of over R35,000 per month are facing a growing financial crisis, with rising debt levels ...

The funding structure provides significant financial flexibility and lower asset encumbrance with an unsecured debt to total debt ratio of 55.8%. The company has comfortable liquidity with $1.3 ...

Unsecured creditors include credit card companies and some cash advance companies. A lien is a legal right placed on an asset often used as collateral to secure debt. A problem may arise when a ...