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Debt Capital Markets Global Insights Summer 2017Contents Welcome5 No ordinary debt claim6Modernization of bond issuance9New covered bond framework based on minimum harmonization principle11Emergency
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A no ordinary debt claim is a legal claim made by a creditor to collect a debt that is not considered to be a typical or common type of debt.
Any creditor who is trying to collect a debt that does not fall under the category of a regular or common debt may file a no ordinary debt claim.
To fill out a no ordinary debt claim, the creditor must provide detailed information about the debt, the debtor, and the reasons why the debt is not considered ordinary.
The purpose of a no ordinary debt claim is to help creditors collect debts that may not fit the typical criteria for debt collection.
The information reported on a no ordinary debt claim may include details about the debt amount, the debtor's contact information, the nature of the debt, and any unique circumstances surrounding the debt.
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