31. Of PSF's liabilities, $ 531 . 5 million was listed as secured debt on the Chapter 11 petition. 32. All it loses is the ability to apply the proceeds otherwise than in satisfaction of the secured debt . 33. The funds counter this risk in a number of ways, notably by restricting themselves to senior secured debt . 34. The federal government encourages the frenzy by counting interest paid on home-secured debt as an income tax deduction. 35. Arrangements for repaying secured debt , such as loans for a car or a house, are typically made separately. 36. It used most of the money to pay off $ 2.5 million in secured debt , primarily to Nations Bank. 37. Only good for unsecured debts less than $ 250, 000 and secured debts of less than $ 750, 000. 38. Of the company's liabilities, $ 531 . 5 million was listed as secured debt on the Chapter 11 petition. 39. Its Western Massachusetts Electric Co .'s senior secured debt rating was lowered to " BBB-" from " BBB ." 40. A PIA usually lasts for a term of six years and must include both unsecured debt and secured debts .
