Sentence examples for defaulting on repayments from inspiring English sources

The company is desperately trying to sell assets before the year-end to avoid defaulting on repayments of its $26.6 billion of debt.WorldCom is another big telecoms group, but its problems dwarfed those at Global Crossing.

If you have a mortgage indemnity guarantee (Mig) – insurance bought to protect the lender if you default on repayments – the lender will claim the outstanding amount from the insurer.

The ongoing political impasse in Washington has sparked fears the US could default on repayments of its bonds, prompting banks and clearing houses to take preventative measures against such an unprecedented event.

There has been some criticism that the move would put taxpayers' money at risk if new homeowners defaulted on repayments.

Payday lenders pledged to freeze the amount a debtor owes if they default on repayments for longer than 60 days.

The company also said yesterday that it had defaulted on repayment of about $350 million in convertible bonds.

"Research undertaken by the University of Wales last year found there were 2m 'iceberg bankruptcies' in the UK – employed people who could not afford any fall in income without defaulting on debt repayments".

Banks and building societies might be forced to raise more capital - i.e. put money aside - to cover riskier borrowers defaulting on their repayments.

Given the choice between defaulting on one's loans and filing a defense to repayment claim, the latter seems about as risky as joining a consumer class-action lawsuit after you've received a flier in the mail.

At the end of November, New York judge Thomas Griesa ruled that Argentina was obliged to make repayments to holdouts, a ruling that could have led to Argentina defaulting on its other repayment obligations.

Without extra funding the country could default on its repayments as soon as next month.