Text Callout : Key Takeaways - What Is Unsecured Debt? At some point in your life, you will likely need to borrow money. When you do, it will be in one of two forms: secured or unsecured.

Unsecured debt is typically tied to a debtor’s creditworthiness and isn’t backed by any collateral or asset. Unsecured debt is debt that is not backed by any asset or collateral. Borrowers of ...

If you will diligently apply these rules to your unsecured debts, you will get out of debt in record time. Unless you are ...

Bankruptcy can discharge or restructure most credit card debt, but there are exceptions. For example, luxury purchases or ...

Personal debt in the US has reached an all-time high of nearly 18 trillion dollars. For credit card debt alone, delinquency ...

Learn how to get out of debt in 2025 by following these four steps, starting with knowing what you owe and committing to a ...

Lithium-ion battery manufacturer iM3NY has filed for Chapter 11 bankruptcy protection in Delaware, citing approximately $136 ...

The percentage of unsecured debt to total debt outstanding is solid at 45.3% which provides less asset encumbrance for the ...

The company takes your unsecured debts, usually credit cards, and helps get a reduction in big interest rates through an established relationship with the card companies.

Italian car-parts manufacturer CLN-Coils Lamiere Nastri SpA asked bank creditors to write down about 90% of their unsecured ...