CICM

MAY 22, 2023

Vice Media file for bankruptcy Vice Media is an American-Canadian broadcaster that was once worth £5 Billion. Now, they are close to filing bankruptcy and a group of lenders look to take over Vice Media group for £180 Million for a meagre 3.6% of it’s billions of pounds valuation, six years ago.

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Jimerson Firm

JULY 30, 2020

In reviewing a loan file after a default by a borrower, lenders should evaluate whether the loan includes an acceleration clause and whether the loan is secured by any personal guaranties. Part 2 of this series analyzed pre-foreclosure loss mitigation options for lenders dealing with hotel/restaurant mortgage defaults.

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Debt Guru

JANUARY 24, 2022

If you’ve ever missed a payment or paid it late, you know that your credit card company is quick to charge a late fee – especially if this isn’t your first time. Consequence #5: Poor Credit. Credit card lenders report late (or skipped) payments to the credit bureaus. The first thing to do is contact your lender.

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Credit Corp

JULY 9, 2021

These deals typically consist of some type of agreement in which you’ll pay a lump sum by a certain date in exchange for your lender to reduce the amount of what you have to give them. If you don’t plan on leveraging your credit limit in the near future though, this doesn’t really matter.

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Better Credit Blog

APRIL 6, 2022

Since you are more of a participant in the process, you’ll have a better understanding of your individual situation when you reach out to a credit repair company. Doing this typically requires a copy of a credit report from each credit bureau — TransUnion, Experian, and Equifax. Debt Settlements.

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