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Barton, who rose to fame on the series "The O.C.," bought the house on 1.2 acres more than a decade ago for $6.4 million, but had defaulted on a number of mortgage payments in recent years.
Koor Industries Ltd., Histadrut's industrial holding company, had itself fallen on hard times and defaulted on a number of loans before it was restructured.
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Yet his life unravelled when he was declared bankrupt after defaulting on a number of mortgages.
She defaulted on a mortgage this year.
I defaulted on a traditional career path.
"Iceland has never defaulted on a loan and will never default," he said.
It would mean defaulting on a country's debts.
A number of patients defaulted on follow up visits after one year; some patients only attended after long periods of defaulting, so not all patients had two BSID 111 scales done and Bayley assessments were done in different ages in different patients.
When these borrowers defaulted on their mortgages in large numbers, the banks were left with bad debts - many of which had been packaged up and sold on to other financial institutions.
The triple-A gradings alloted to exotic mortgage-backed products like collateralized debt obligations turned out to be overly optimistic when significant numbers of borrowers defaulted on home loans, setting off a global credit crisis that has yet to be resolved.
Hyundai has lifted its sales in the United States and in Europe, but sales in South Korea slumped after the government tightened lending rules and a record number of people defaulted on their debts.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com