Sentences with phrase «defaulted on their debt through»

Among the 28 U.S. companies that defaulted on their debt through May this year, 11 were energy firms with $ 3.5 billion in outstanding obligations, according to Fitch Ratings Ltd..

Not exact matches

In the days that followed, Argentina would cycle through four more presidents and default on debts totaling $ 155 billion.

If you've already defaulted on your student loan debt, your best option is to go through student loan debt rehabilitation.

Student loan debt is particularly dangerous, because it usually can not be removed through bankruptcy, and defaulting on federal student loans can result in garnishments of federal benefits, including Social Security.

What recourse do I have as I've already spent thousands settling and clearing up my credit report of all debts that had gone default prior to buying my home in 2007 and provided documentation for all of the ones paid off but still showing on my credit report when going through a federal security clearance investigation for work in 2010.

Some borrowers applying to refinance their student loan debt with lenders through the Credible platform have almost shot themselves in the foot by declaring on their application that they've defaulted on a loan.

In fiscal year 2015, Education collected about $ 4.5 billion on defaulted student loan debt, of which about $ 171 million — less than 10 percent — was collected through Social Security offsets.

Lots of countries have explicitly defaulted on large debts explicitly (Argentina) or implicitly through inflation (Germany).

A lot depends on how much debt will be compromised through default.

Starting from the bottom: with regard to Argentina — there is no mention of the military junta in the mid-70s, nor the 30,000 (at the least) torture and killed, nor of the mothers and grandmothers walking for 20 or more years in silence protesting the killings in a Bueno Aires plaza, nor is there is mention of the billions of dollars of US military aircraft and other weapons (as well torturing equipment for sending high to low charges of electricity through various parts of the body (private parts though preferred, as they say), but sold to the junta in power which weighs heavily in the total external debt, nor of the wholesale and retail sale of government agencies or corporations, and of the rights of water (in the 1990s), and the default of the government on various debts and contracts: 40 or more cases before the courts and ICSID — seems the sanctity of the contract and personalty of the international organization is a barrier to putting an end these very crooked and immoral business transactions, etc..

The Michael Lewis book — published in March 2010 — is a riveting read on the subprime mortgage crisis and clearly walks the reader through such cumbersome topics as collateralized debt obligations and credit default swaps.