"ensuing debt" is correct, and is used in written English.
An example sentence would be: "The government failed to recognize the risks of their financial policies, and were left with ensuing debt."
His company couldn't handle the ensuing debt load from the leveraged buyout, and ultimately it had to file for bankruptcy.
A string of European governments were ousted in the past 12 months on the basis of their performance in tackling an economic downturn and the ensuing debt crisis.
In May 1998, at the height of the Asian financial crisis, we described the ensuing debt restructuring as a "$1 trillion opportunity".
The ensuing debt doesn't matter and should be ignored.
Sarkozy, who ran the country through its worst recession since World War II and the ensuing European debt crisis, said he did his best to win a second term, despite widespread anger at his handling of the economy.
The largest job cuts came in real estate and construction, as the bloc tries to recover from the bursting of a massive housing bubble that helped fuel the 2008/2009 global financial crisis and the ensuing European debt debacle.
Its proudest creation, the euro, may yet be overwhelmed by the ensuing sovereign-debt crisis.Was Jerusalem builded here?The unity of Europe has always been like the heavenly Jerusalem, an ideal never to be reached.
If your estranged husband goes on a spending spree, you're responsible for the ensuing credit card debt.
"It includes the federal government, the City of New York and the riders who are being saddled with billions of dollars in bonds and ensuing millions in debt payments," he said.
The numbers are a little stale – they were collected in mid-September, well before the government shutdown began on Oct. 1 and the ensuing budget battle and debt limit standoff dominated the headlines.
The financial crisis and the ensuing current account and debt crises in the euro area acted as persistent macroeconomic shocks with asymmetric effects, radically changing the economic landscape of the euro area.
