Remove Secured Creditor Remove Secured debt Remove Unsecured Creditor
article thumbnail

How Businesses Use Corporate Debt Restructuring for Liquidity

Debt RR

Past-Due Secured Debt. Just like individuals, businesses often have mortgages, vehicle loans, and other secured loans. 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.