Sentences with phrase «financial distress»

Financial distress refers to a situation when a person or a company is experiencing serious money problems or difficulties. It means that they may have trouble paying their bills, debts, or other financial obligations. They are likely to face financial hardships and may require assistance or take actions to recover from this distressing situation. Full definition
Without adequate payment, you may end up in financial distress as you attempt to pay for your medical care out of pocket.
I'll start by identifying a few telling symptoms, and eventually go down to the typical root causes of financial distress.
I am self employed, and I experienced financial distress in 2009 and eventually filed a Consumer Proposal.
The whole point of health insurance is to provide coverage for unforeseen events that can cause financial distress for the insured.
Auto insurance is there to protect the insured driver from financial distress in any covered circumstance.
«Recovery plans required of the largest banks are helpful in ensuring banks and regulators are prepared to manage periods of severe financial distress or instability affecting the banking sector,» he said.
It's for people without appropriately large emergency funds to live off if they lose their job or otherwise fall into financial distress.
With Term life insurance, you can protect your loved ones from financial distress if you die.
But so are high debt and financial distress as revealed by investigators through forensic accounting.
Lower debt levels mean less potential for financial distress during the next crisis.
When you're struggling with debt and facing financial distress, you might not know where to turn.
If the replacement of debt occurs under financial distress, it is also referred to as debt restructuring.
We are in financial distress due to health costs from past and at present.
One of the things we taught was that most firms suffer financial distress from a failure to manage cash flow properly.
Get protected, take a look at some free car insurance quotes, and prevent financial distress if an accident occurs.
These damages will need to be accounted for in your settlement amount so you don't find yourself in future financial distress.
Unfortunately, in the event of divorce, the other spouse has no idea how to deal with their finances, leaving her / him at great risk for financial distress after a divorce.
Because people who are experiencing financial distress often apply for new credit, your credit score is reduced each time you fill out a new credit application or get a new account.
Our corporate restructuring practice helps businesses overcome financial distress, survive current volatility, and prepare for future success.
Our district is in as much or more financial distress with the expansion of school choice programs beyond our ability to support them.
Serious financial distress can have a lasting impact on your credit.
The instrument carries a letter of support from the Malaysian government but trades at just 86 cents on the dollar, indicating financial distress.
She added in many cases student loan payments can be reduced or deferred if the borrower is in extreme financial distress.
With that, the argument against deficiency is why subject the homeowners to further financial distress?
This comes at a time when North American farmers are in great financial distress.
We understand that matters involving financial distress are often crisis situations.
The demand - withdraw pattern of communication mediated the negative association between financial distress and marital quality.
A charge for marriage counseling can be interpreted as a potential for divorce and thus financial distress.
The heart of credit counseling is providing relief to consumers in financial distress through intervention, guidance, and education.
Rising interest rates at the same time as global financial distress can be a potent combination, as they were in 2006 and 2007.
You may have heard of it already, it is called credit counseling and it has helped literally millions of consumers in financial distress over the years.
Knowing what I know now, I encourage anyone experiencing similar financial distress to see a Trustee.
If you exhibit financial distress and not just trying to avoid paying a creditor, then you will go to the next step of the debt reduction program.
That may be true in the short run but could lead to future financial distress unless the student understand the 5 things a credit card should be used for.
In other cases, the decrease could signal major financial distress and push underwriters to ask for more documentation or reject the loan.
These tools can help veterans in financial distress get their overall fiscal health back on track.
We have long recognized that financial distress comes in many shapes and sizes and no one service can address the needs of all consumers.
From the quick to the complex, we provide education, information and personalized answers to all of your credit card, personal loan and financial distress questions.
Additional Benefits: Policies come with a critical illness benefit which helps to ease financial distress should something occur.
Auto liability portions of a Keystone car insurance policy protect you from personal financial distress above all else.
But at the same time none of us would want to see us our family landing up in acute financial distress after we pass away.
Additionally, their findings revealed that financial distress contributed to destructive communication.
When you're running a business, the ultimate sign of financial distress is usually running out of cash — you just don't have any money left.
The pricing is extremely affordable compared to the other forms of life insurance with a high monetary coverage for the policyholder ensuring unforeseen situation doesn't cause financial distress.
These are non-profit agencies created to help individuals experiencing financial distress.
When you buy term life insurance, you're probably buying it to insure some sort of debt — most often a mortgage — that would cause financial distress if you passed away.
A patient may be dealing with an unexpected illness or diagnosis, they may be in pain, or they may be in financial distress due to medical bills.

Phrases with «financial distress»

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