Remove Chapter 7 bankruptcy 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. Retailers Gymboree, Charlotte Russe, Payless, Roberto Cavalli, and Diesel filed Chapter 7 bankruptcies in 2019.