Remove Chapter 7 bankruptcy Remove Collateral Remove Debt Recovery Remove Repossession
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How Businesses Use Corporate Debt Restructuring for Liquidity

Debt RR

Debt can also be secured using intellectual property, equity, and other soft debt. Missing payments on secured debt causes the creditor to repossess the property as recourse. If collateral is seized, it often occurs in court, leaving a record for other partners and vendors to dig up. Indenture Agreement Violations.