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Discover Ludwig"Failure to pay" is correct and usable in written English
You can use it when referring to someone not making a payment, such as a payment for a service or a loan, or when referring to the consequences of not making a payment. For example: "The company issued a warning, citing failure to pay as a possible consequence."
Exact(60)
Failure to pay could result in incarceration.
Failure to pay "shall constitute an event of default under the operating agreement," the company stated.
Failure to pay the fine can lead to a jail sentence.
Failure to pay the penalty charge within 28 days will increase it to £120.
Failure to pay dividends results in volatility as shareholders buy and sell to capture earnings.
Failure to pay attention for just an instant may open the way for infection.
Failure to pay means a $125 fine, reduced to $62.50 if paid within 14 days.
Failure to pay off a bank loan or trade credit incurs a variable default cost.
Failure to pay could see QPR being refused entry into the Championship.
—Failure to pay employee salaries, hourly wages, and overtime pay.
Failure to pay court costs and other fines can create more problems in the long run.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com