Sentence examples for debt creditors from inspiring English sources

Its owners were deeply in debt, creditors said, and sales had plummeted.

Ferretti, a top-of-the-range yacht manufacturer, has defaulted on part of its debt; creditors are set to get just 11 cents on the dollar.

Any default or restructuring implies a reduction in debt: creditors do not get all their money back (at least when they expected to).

As rising interest rates make it more onerous to roll over debt, creditors may find a surprising deterioration in the ratings and value of their debt holdings.

"When seeking to restructure debt, creditors usually must only prove to a judge that a payment cannot be made," Garcia Padilla said Wednesday.

If your partner dies with debts, creditors may be able to recover their money by making a claim against their estate, but they are not entitled to pursue you for payment from your own money.

AS GREECE flirts with disaster and several other European countries buckle under heavy debts, creditors' experience with Argentina should serve as a sobering reminder about the mess that can follow a sovereign default.

He eventually resigned as prime minister and was replaced by Mario Monti, who appointed a cabinet of technocrats.Markets responded to every twist in the tortuous negotiations to provide Greece with a second rescue package and restructure its debts; creditors were asked to wipe off 50% of the value of Greek bonds.

Forced to choose between accepting depreciated money in payment for outstanding debts or waiting long times to collect debts, creditors turned to the courts for relief.

The payment of all bills, taxes, estate expenses, and creditors from the assets of the decedent Based on the decedent's debts, creditors may sue the estate and deplete the assets that would otherwise be given to beneficiaries.

"The party was so in debt, the creditors were beginning to seize property," Mr. Sweeney said.