The comeback trail continues to be rocky for Altiva Financial Corp.

The Atlanta subprime home equity lender missed an interest payment due Dec. 1 on $30 million of subordinated notes. If the payment is not made by the end of the month, the company could go into default, according to Duff & Phelps Credit Rating Co.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.