Sentences with phrase «crushing load of debt»

Not exact matches

NEW YORK (By Phil Wahba)- Borders Group Inc, the second - largest U.S. bookstore chain, filed for bankruptcy protection, after years of sharp sales declines that made it impossible to manage its crushing debt load, and it plans to close nearly one - third of its stores.

Without this sort of program, individuals with large debt loads will have an even greater incentive to go out and work in the private sector where they can actually make enough money to pay off their crushing debt loads.

The consequences of a rising debt load may not be immediately noticeable in the years just after students graduate, but the long - term impact could be crushing.

Fifty - two oil companies have already filed for bankruptcy this year, and over one - third of the world's biggest oil and gas companies could end up bankrupt in 2016 under stress from crushing debt loads (over US$ 150 billion) and lacklustre cash flows depressed by low oil prices, according to a recent study by Deloitte.

Fifty - two have filed for bankruptcy since 2015, and over a third of the world's biggest oil and gas companies have crushing debt loads (over $ 150 billion) and cash flows depressed by low oil prices, according to the Deloitte Center for Energy Solutions and a recent study by As You Sow.