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Old 03-12-2020 | 02:56 PM
  #13  
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detpilot
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From: Trying not to crash
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Originally Posted by Bat Guano
Unencumbered refers to an asset or property that is free and clear of any encumbrances, such as creditor claims or liens. An unencumbered asset is much easier to sell or transfer than one with an encumbrance. Examples of common unencumbered assets are houses free from mortgages and other liens, cars with paid off loans/notes, or stocks purchased in a cash account.







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https://www.investopedia.com/terms/u/unencumbered.asp
Thanks. So for us, that'd likely be airplanes we own, tools, parts, etc? Would any of those things actually sell for close to the value they're expecting? In other words, is that $20 billion likely to only actually fetch $10 billion, while crippling the operation?

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