In context to finance, senior debt refers to a fort of debt - often issued as senior loans - which takes priority over other forms, specifically junior debts and is often issued by corporate bodies.
No. While both tranches of debt are unsecured (no collateral pledged in support of the debt obligation), by definition, senior unsecured ranks higher in the capital structure than subordinated debt, meaning that senior unsecured creditor claims will receive payment prior to subordinated debt creditors upon bankruptcy of the debtor.
vairable Variable
"Moorcroft Debt Recovery began trading in 1985 in Stockport, Cheshire. They are a debt recovery company that utilizes phone, mail, court and personal visits in attempt to recover debt."
Secured debt has priority over other debdtors to the secured property. If that does not saisfy the claim, then te remainder may be filed as a general claim, taking position below senior debt.
can i as a senior citizen get a grant to help free me of the debt i have including credit cards and mortgage?????????
A Server
Current Liabilities
Senior Debt / EBITDA
senior management
In Australia a senior psychologist is typically designated a P3 which requires 5 years of post-registration practical experience.
When a company goes bankrupt a debt can go into subordinated debt. This means the subordinated debt has a lower priority than other debts. Typically this has a lower rating of credit.
how can i get a grant Iam senior citzen need help to debt and buy house in maricapo az. that i dont have to pay back.