Toxic Debt

The pressure on banks in Europe to get rid of bad property loans off their books has not eased amidst the worsening sovereign debt crisis that seemingly no-one was has the solution to. In fact they are under more pressure to sell before the impending regulation changes...

The phrase "toxic debt" has recently been added to the Oxford Dictionary of English, as the term has increased in popularity within the English language and the financial world. We aim to explain what it is and the impact of it, not just on the property markets at the public level, but right up to how the banks deal with debts and assets that have turned against them....