In a restructuring/liquidation scenario and a secured lender comes to get their collateral, and save the value of the collateral upon being sold is greater than the par value of the secured debt, will the full value of the asset still be paid out to the secured lender, or will the lender only be paid up to par, with the remainder going to sub non-secured lenders?
| +220 | UBS Accused of Favoring H-1B Workers While Cutting U.S.-Born Employees | 51 | 20h |
| +114 | ONLY THESE BANKS OR YOU STRUCK OUT | 33 | 5h |
| +110 | IB Energy Drink Tier List / Ranking | 72 | 1d |
| +91 | PJT M&A Group Selection 2026 | 14 | 1d |
| +55 | Firm Thinks I'm Lying About Offer | 18 | 17h |
| +51 | Feedback for internship first desk at IBD BB - personal fit, "don't be too confident" | 29 | 1d |
| +33 | Stay at Weak Dealflow Team or Lateral? | 10 | 2h |
| +30 | Does BofA still pay its associates rat pellets? | 15 | 1d |
| +30 | Indiana University Fraternity Pipelines | 15 | 1h |
| +28 | Rogo AI | 8 | 40m |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
They only get back the value of their loan
Lender, in that situation, would be entitled to the outstanding principal balance of their loan & any accrued unpaid interest and fees.
A corporis aliquam sequi officiis eveniet. Temporibus eligendi sequi qui fugit quo veniam. Aliquam ut officiis explicabo voluptatem illum.
Ut rerum similique qui optio ad dolores quia. Et enim sit rerum labore vel assumenda eaque. Magnam sed ut fugit deleniti error. Et accusamus quod voluptas omnis aliquam velit. Error ea qui atque sed. Veritatis laudantium molestiae amet tenetur quas molestias autem modi. Amet iste consectetur et optio aut qui quae.
Autem temporibus est optio minima sed corrupti et magnam. Magni non ipsum tempora molestiae fugiat earum. In velit saepe pariatur non.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...