Explain how a hostile takeover can trigger an accelerated obligation credit event

The agreement for a credit default swap is a document that states the buyer will reimburse the holder in the event of a loan default or other credit event. This is essentially insurance against someone not paying you what you are owed.

Operation Barbarossa; the invasion of the Soviet Union was the event that started the Holocaust.

Yes, it is still possible to get a credit card after bankruptcy. "Secure" credit cards require you to place a security deposit down in the event of default, but they are a good way of rebuilding your credit.

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