Sentence examples for defaulting on loan from inspiring English sources

Last month the American retailer Best Buy said it was pulling out of Britain, while Focus DIY collapsed into administration earlier this year after defaulting on loan payments.

Lt. Gen. Hamid Gul, who served as the director of Pakistan's military intelligence agency, Inter-Services Intelligence, from 1987 to 1989, said some officers joked that the country, which at the time was on the verge of defaulting on loan payments, should sell its nuclear technology.

Without the latter, the former could still hide if one city has a culture that makes defaulting on loans common.

Players have been defaulting on loans from junkets or taking longer to repay.

Farmers began defaulting on loans to rural banks, which started to fail, which built into widespread financial collapse.

Franchisees are now defaulting on loans and are being taken over by the parent.

In 1998 Fox had to lend Fox Family $125 million to prevent it from defaulting on loans.

Many students who are defaulting on loans fall into this category of students with debt but no degree.

Faced with a $20-million 20-million deficithad to do Scrantoncky maneuvering to balance its budget and avoid defaulting on loans.

Some women, some men, some villages became mired in debt, continually borrowing to extend their businesses and defaulting on loans.

The firm then defaulted on loan repayments to its major creditor, the Korea Development Bank.Daewoo Motor now faces court receivership.