Ask if you can make reduced payments for a time, or even take a payment holiday.
As far as we were concerned, our debts were sorted out, with greatly reduced payments.
That ignores the fact that unemployed borrowers often cannot afford even reduced payments.
Many obstetrics units have struggled financially because of growing competition and reduced payments from the federal government and private insurers.
We explained this to our bank, Lloyds TSB, but all they would help us with was short-term reduced payments.
That causes more foreclosures and other financial problems, making it harder for troubled borrowers to afford even reduced payments.
That means modifying a troubled loan, if reduced payments would bring in more money over time than a foreclosure.
States set Medicaid rates, and many states, facing severe budget problems, have reduced payments for nursing homes.
In August, the lawsuit said, Mr. Viets was told he would receive reduced payments through November and would then lose the remaining $2.2 million due him.
The findings were confirmed by a second audit, one that should have prompted a Stage 3 audit, an exhaustive review that can result in significantly reduced payments.
The decline also reflects the fact that some states restricted eligibility for Medicaid and froze or reduced payments to health care providers.
