Qualco

SEPTEMBER 12, 2023

During a tightening cycle, central banks worldwide raise interest rates in an attempt to curb inflation. This approach involves taking proactive measures, even when the credit is still in good standing, and the creditor has not yet taken possession of the collateral.

Collateral 105

Collateral Financial Institution Collections Loans 105

Hudson Weir

SEPTEMBER 11, 2023

According to the British Business Bank , there was a 12.8% increase in gross bank lending to SMEs between 2021 and 2022. In total, banks provided £65.1bn in loans to small companies with more likely to have gone to larger businesses too! But what’s the difference between secured loans and unsecured ones? What is a secured loan?

Loans 52

Loans Collateral Secured Creditor Unsecured Creditor 52

Fraser

JUNE 25, 2020

Because debtors require sufficient cash to operate their businesses and pay for the administrative expenses of the chapter 11 process, many seek interim court approval for financing (called “debor-in-possession” or “DIP” financing) and/or the use cash collateral that is subject to a secured creditor’s lien. Proof-of-Claim Bar Date.

Creditors 72

Creditors Bankruptcy Unsecured Creditor Debtor 72

Troutman Sanders

DECEMBER 4, 2023

On December 1, the House of Representatives approved a resolution to repeal a Consumer Financial Protection Bureau (CFPB) rule that mandated banks to gather data on loan applications from women-owned, minority-owned, and small businesses to help lenders identify business development needs and opportunities. For more information, click here.

Financial services 52

Financial services Collateral Banks Trade 52

ABI

JANUARY 19, 2024

In evaluating the Texas Business & Commerce Code and title 11 of the United States Code (the “Bankruptcy Code”), the United States Bankruptcy Court for the Southern District of Texas, in In Re Burts Construction, Inc., In 2017, Allegiance Bank loaned Burts Construction, Inc. the “Debtor”) $1.5 1] In re Burts Constr.,

Secured Creditor 40

Secured Creditor Bankruptcy Debtor Collateral 40

Hudson Weir

FEBRUARY 28, 2023

This company property can be anything from equipment and constructions to apparatus, vehicles, and intellectual property. Secured creditors include leasing companies and banks. Usually, a bank will only lend if the borrower puts their signature on a document allocating security to the arrears.

Unsecured Creditor 52

Unsecured Creditor Secured Creditor Creditors Construction 52

Collections Law

AUGUST 11, 2020

Our debt collection firm works relentlessly and aggressively to help clients get their hard-earned monies back into their bank accounts from tricky debtors who want to delay payments or have zero intentions of paying back. A mechanics lien serves like collateral. We Domesticate Foreign Judgments in Massachusetts.

Judgment 52

Judgment Debtor Construction Lawyers 52