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Any lifestyle that is debt-dependent, makes no room for savings or is just one setback away from defaulting on payments is too close to the edge to be safe.
Telsim began defaulting on payments late in 2000.
(Those whose phones did not work were considered at high risk of defaulting on payments).
NextWave sought bankruptcy protection in 1998 after defaulting on payments for the licenses.
The collapse of the group became inevitable after it started defaulting on payments to investors in January.
The largest of these operators, the Saradha Group, collapsed in April after defaulting on payments to investors.
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After defaulting on bond payments, the company filed for bankruptcy protection last September.
Otherwise, economists fear Argentina could default on payments on its $150 billion foreign debt.
But in October, 19 of its 250 customers defaulted on payments to the company.
A home in the United States was repossessed after he defaulted on payments.
But already some companies have defaulted on payments after assumed government guarantees failed to materialize.
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