Sentences with phrase «debt defaults force»

Not exact matches

His aides have made clear they believe the U.S. public would blame Republicans - not Obama - if the nation is forced into a debt default that he has said would be «catastrophic» for the world economy.

It may now be forced to default on its debt to international lenders if not bailed out by the Russian government.

Without debt restructuring, Puerto Rico will be forced to default as it faces nearly $ 2.5 billion in bond payments from May through July, government officials have said.

One third of U.S. real estate already is reported to have sunk into negative equity, squeezing state and local tax collection, forcing a choice to be made between bankruptcy, debt default, or shifting the losses onto the shoulders of labor, off those of the wealthy creditor layer of the economy responsible for loading it down with debt.

When a default actually takes place, it usually means that the relevant principals have exhausted all other means of hiding the debt and were forced into recognizing the losses.

Officials pushed the developer to shed assets to pay down debt, forcing it to scramble to stave off default.

Looming in the background is the possibility that Congress will not vote to raise the debt ceiling, forcing the U.S. to default for the first time in history.

While some might assume that these borrowers are co-signers on their children's loans, forced to pay after the student defaulted, in reality the number of seniors over age 64 carrying student loan debt has increased significantly in the last decade — 385 % to be exact — according to the GAO study.

Defaulting on federal debt can force would - be buyers to wait three years before being eligible for a VA - backed home loan.

Even if a lawyer is not an option start looking at debt settlement since that is essentially what a strategic default would force the lenders to do.

If an interest payment is missed, the debt holders can force the company into default.

LONDON, June 22 (Reuters)- French and German banks may be forced to turn to the European Central Bank to plug a short - term funding gap if cautious U.S. investors continue to rein in lending on fears of potential losses from a Greek debt default.

If we get to a point where the debt ceiling isn't raise, and the Treasury is forced to make tough choices, there may be some comfort knowing that default hasn't technically occurred yet.

, and so bad debt decisions compound over longer periods of time, until we end up with inflation, a forced debt exchange, or an outright default.

It is instructive in this regard that no hedge fund has defaulted on debt throughout the current crisis, despite very large losses that often forced fund liquidation.

President Obama says failing to raise the debt limit on Oct. 17 will «force the United States to default on its obligations.»