Unsecured Creditors: Canada Debt .ca defines Unsecured Creditors

Bankruptcy Term Unsecured Creditors

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Canada Debt has the definition to the bankruptcy and debt term Unsecured Creditors. Finding answers to terms such as Unsecured Creditors can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Unsecured Creditors in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Unsecured Creditors' is used as follows:

Creditors who do not have any security for the debt owing to them.