Unsecured debt is defined as the borrowing of money, as well as bills payable, that are not directly backed or guaranteed through a pledge of any asset as collateral. In the eventuality of a default on this debt, the creditor cannot recover the loan and the only option is to try renegotiating or… View Full Term
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Many business owners experience various issues during the course of operating their business and decide to sell rather than continue on. The problem with this is most owners haven't taken the time to develop a feasible exit...