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If you look at the rates of student debt default, one in three student debtors are in default.
If a debtor is in possession of more than one property, a package price is paid.
The debtor, however, remained in possession of the land, and the practice of allowing the debtor to remain in possession became an obligation of the creditor to allow the debtor to possess the land and finally a right in the debtor to possess the land so long as the debtor was not in default on the debt.
More than half of student debtors who are over 75 are in default on their loans.
Notice of Default is very clear: you have defaulted, you are in default, you are defaultive.
The strongest negotiating asset of a big debtor is always that default cannot be contemplated because it would bring down the financial system.
Nine percent are in default.
How many are in default?
And, while the suggestion is radical, it's worth considering that 7 million student debtors are already in default.
No wonder: this debtor is still in possession.
Last month Standard & Poor's, a ratings agency, downgraded Venezuela, saying there was a one-in-two chance of default within two years.Venezuela's main rival for the title of riskiest sovereign debtor is Ukraine, rated worst in class by all big credit-rating agencies.
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CEO of Professional Science Editing for Scientists @ prosciediting.com