Phrases with «default notice»

A "default notice" is a statement or document that lets someone know they have not fulfilled their obligations or made required payments on time. It serves as a warning that they need to fix the situation or face consequences such as penalties or legal action. Full definition

Related phrases

Sentences with «default notice»

  • The wording of default notices was set in a 1983 law, before free debt help from charities like us was widely available. (stepchange.org)
  • If you're in serious financial difficulty then the chances are that your credit rating is already impaired and will only continue to get worse as default notices are issued against you. (debtadvicefoundation.org)
  • Some letters have to be sent to you by law so you can see what is happening with your debt, for example such as default notices and regular statements. (stepchange.org)
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