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When executing trades through a clearinghouse, market participants have to back up their deals with adequate collateral in case they suddenly cannot make payments.
Thousands of people have been left without their salaries because of an IT glitch at HSBC that means employers who use its business banking accounts cannot make payments.
He also suggests that the Fed make lenders detail all fees charged over the life of the loan, such as those levied when a borrower cannot make payments.
Mr. Obama must fight for bankruptcy reform legislation that is expansive enough to accommodate borrowers who cannot make payments for reasons beyond their control.
Sun-Times Medin Group is in a different position from the other publishers that have filed for bankruptcy — companies that made money on operations last year, but cannot make payments on the large sums they owe to banks and bondholders.
US district court judge Thomas Griesa has repeatedly backed the funds' campaign to attain full debt repayment, ruling that Buenos Aires cannot make payments on the restructured debt to other creditors until it pays the so-called "holdout" hedge funds first.
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Without an increase by early July, the government cannot continue to make payments on its existing debt, potentially forcing it into an economy-shaking default.
'If they cannot afford to make payments and retain an adequate lifestyle, then we wouldn't put them on an IVA,' said Andrew Redmond, chief executive of Debt Free Direct.
If you still cannot afford to make payments, some charities will help patients pay for the emergency room.
If you truly cannot afford to make payments, you may qualify for a financial hardship deferment from the Department of Education for a maximum of three years.
You may also qualify for deferment if: If you truly cannot afford to make payments, you may qualify for a financial hardship deferment from the Department of Education for a maximum of three years.
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