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Jeff Combs

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  • Started 13 years ago by joannkytdj

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Another option for the second mortgage lender is to release the lien-only for filing a deficiency claim. In case the second mortgage amount is not very high, the borrower may be spared. However, in some cases it is seen that the second lender does not spare the borrower and tries to retrieve the owed amount. However, the lender also realizes that the chances of recovering the loan is low because if the borrower is unable to pay off, he (the borrower) either files bankruptcy or tries to negotiate for a certain percentage. There is another way the second lender tries to recover his dues. He can sell the debt account to a collection agency. Once the account is sold to the collection agency, the debt is treated as an unsecured one as there is no collateral to secure it. He may also urge the borrower to sell his assets ルイヴィトン アウトレット for recovering the cash. <br><br>Jeff Combs: If you had some kind of supply interruption or shock as we were talking about before, certainly that would create problems, not just for U.S. utilities, but for any utilities that were uncovered or have contract payment terms that relate to the market price with no real ceiling price protection. If you have really aggressive nuclear expansion in China, if India is allowed to play in the market, and if Russia goes ahead with its reactor expansion program, this makes the chances of price getting out of control somewhat greater down the road. We've been warning of these issues for a while. I clearly don't think we're out of the woods yet. When I say that we're not out of the woods yet, I still believe that some utilities may be putting too much faith in current prices in that they believe that the now higher prices will take care of the problem of future supplies. While higher prices will certainly stimulate more production, I think that you must ask the question whether these prices are the antidote for the supply problem, or whether they are more a symptom of a severe deficit of supply that the market is facing. The answer to this probably determines how proactive utilities will be in securing future supplies. We wrote an editorial in 2003 that I think pretty well captured the state of the market at that time and the market environment we have seen since.

    Posted 13 years ago #

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