The phrase "debt dilemma" refers to a difficult situation where someone owes a lot of money and faces a problem in managing or repaying it. It means being caught in a financial predicament because of too much debt. Full definition
It worked for me and I recommend it as a solution if you're in a similar situation to the personal debt dilemma I described at the beginning. (debtconsolidation.com)
The Greek debt dilemma is becoming more and more dire each day. (indexologyblog.com)
More recently it was Greece and its version of the sovereign debt dilemma. (canadianbusiness.com)