Difference between revisions of "Unsecured debts"
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'''Unsecured debts''' are [[debt]]s such as open accounts at department stores for which the debtor has not pledged collateral to guarantee payment. [[Category:Legal Terms]] | '''Unsecured debts''' are [[debt]]s such as open accounts at department stores for which the debtor has not pledged collateral to guarantee payment. [[Category:Legal Terms]] | ||
Revision as of 09:40, June 10, 2008
Unsecured debts are debts such as open accounts at department stores for which the debtor has not pledged collateral to guarantee payment.