Sellers of Tribune CDS Protection Face Large Payout

Matthew Cowley reports: The dire conditions facing media companies were highlighted by this week’s auction to settle credit derivatives ... agency, had already suggested that recovery values would be “negligible” for the bonds, at between zero and 10% for secured notes and debentures, senior unsecured debt, and subordinated debt [more...]

Date: 2009-01-07 09:50:00

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Sellers of Tribune CDS Protection Face Large Payout

Matthew Cowley reports: The dire conditions facing media companies were highlighted by this week’s auction to settle credit derivatives ... agency, had already suggested that recovery values would be “negligible” for the bonds, at between zero and 10% for secured notes and debentures, senior unsecured debt, and subordinated debt [more...]

Date: 2009-01-07 09:50:00

One Million Use Credit Cards for Mortgage or Rent - UK

According to housing and homelessness charity Shelter, about 85% of the UK’s £1.4 trillion personal debt is secured against property. The good thing with secured debts, of course, is that they normally come with a lower APR (Annual Percentage Rate) than unsecured debts. Nonetheless, a mortgage is by far the biggest debt most [more...]

Date: 2009-01-15 18:34:40

A Word on Spending and Debt

Having you run into financial difficulties during the economic downturn?  If so, you are definitely not alone ... a credit card only for emergenciesSwitch to less expensive brands of everything from shampoo ... to understand what type of debt that you have.  There are two types of debt: secured and unsecured [more...]

Date: 2009-01-09 01:52:03

Unsecured Debt Consolidation Loans - What You Should Know

Unsecured loans can be the answer for anybody who is having trouble managing their expenditure and does not have anything to offer as security for ... of monthly bills. A Debt consolidation loans is a loan that pays off all of your other loans ... on credit cards, store accounts, plus car loans, etc that they are paying each month [more...]

Date: 2008-12-26 08:15:00

Redstone Sells Majority Stake in Midway Games

New York - Sumner Redstone, whose National Amusements holding company controls Viacom (NYSE: VIA) ... publisher, while Thomas will also assume $70 million in secured and unsecured debt. read more [more...]

Date: 2008-12-01 21:31:26

Midway sold for $0.0012 per share

According to this Reuters report, quoting the Wall Street Journal, Sumner Redstone has sold his 87 percent share in Midway to investor Mark Thomas for $100,000, or $0.0012 a share. Thomas will assume $70 million of senior secured and unsecured debt. The sale [more...]

Date: 2008-12-01 12:43:33

How To Escape The Stress of Mortgage Arrears

If you have missed any payments on your loans you need to check if they are secured or unsecured on your home ... has payment protection insurance. If it has but you are still refused this contact the national debt helpline. Check to see if your lender will buy your home [more...]

Date: 2008-10-29 23:49:11

What is the Difference Between Unsecured and Secured Debt?

A secured debt is a debt in which the creditor maintains a security interest in an item or piece of personal property such as a house or an ... against you, but more commonly will try to work out a reasonable debt settlement. It is possible ... no property is securing it. In many cases, this balance can be successfully resolved through a debt settlement [more...]

Date: 2009-01-09 03:47:20

The Benefits Of An Unsecured Debt Consolidation Loan

Amazon.de Widgets Unsecured Debt Consolidation Loans will combine all your existing debt into one much more manageable, lower interest loan, without putting your home, or any other collateral at risk.An unsecured debt consolidation loan is not as easy as it once was to be approved for. You will have to have a very secure job and have an excellent credit history with very little or no black marks against it, which is extremely difficult in these times of economic turmoil.But the signs are improving [more...]

Date: 2009-09-28 11:53:40

What Is Debt Consolidation And Can It Help You

by William Blake Most people have heard of debt consolidation through junk mail, on television, or other forms of media ... cases, debt consolidation involves several unsecured debts into one secured loan. This secured loan ... , but typically the steps are different for student loans than for unsecured debt from credit cards [more...]

Date: 2008-11-09 14:01:07

Credit - Loan Approval, Part 1

When it comes to loan approval, lenders will use different criteria for different situations. Unsecured debt is riskier than secured debt in general since there’s no collateral involved in unsecured debt. You see, it’s all about “what happens if you default?” A house or auto is collateral [more...]

Date: 2009-01-15 06:21:33

Essential Information on Secured Debt

Secured debts are often described as financial obligations that are backed by collateral, such as a property or a car. By agreeing to a secured debt, the lending institution is able to provide loans with more favorable terms while decreasing the risk that would be present in case of an unsecured debt. The situation [more...]

Date: 2009-01-06 12:24:04

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