"due to debt" is a grammatically correct phrase that is commonly used in written English.
It is typically used to indicate that something is caused by or a result of a debt or financial obligation. Example: - The company's financial struggles were due to their overwhelming debt. - He had to declare bankruptcy due to debt accumulated from years of overspending. - The government's budget cuts were due to the country's massive debt.
Tesla disclosed that $422 million would soon be due to debt holders, which may require a new equity issuance.
Ann Robinson, director of consumer policy at uSwitch, warns: "Pre-payment meters were forcibly installed in almost 100,000 homes last year due to debt, yet our figures suggest this could be just the tip of the iceberg.
More than a third of the rise in aid between 2001 and 2003 was due to debt relief, and the bubble will inflate further in the next couple of years when donors add the full face-value of debts once owed by Iraq.
However, Winn (1997) contradicts these findings and does not find any asset productivity growth due to debt reduction during turnaround.
Second, Rothstein and Rouse (2011) suggest that student loan debt might affect a student's choice of college major and future occupation due to debt aversion and credit constraints.
Nextel Communications on Thursday said its quarterly income fell due to debt retirement charges, but revenue increased and the company raised its full-year forecast on strong customer demand.
Finally, in 2006, Accrington Stanley returned to League Two – ironically replacing Oxford United, the team they had lost their League place to back in March 1962 when they resigned due to debts of almost £64,000.
His first office, Jean Nouvel & Associés, went bankrupt during the early 90s real estate crash, largely due to debts incurred by the project known as "tour sans fins" (tower without end).
It is the second time in as many seasons that the club's players have gone unpaid due to debts.
Its predecessor, Chester City, was wound up in the High Court in March 2010, after being expelled from the Conference for failing to play games due to debts.
As for the supplier, despite the 90,000 paid for interest, every deal he made was a cash transaction so he relieved the stress of capital shortage due to debts.
