Sentences with phrase «further financial distress»

Another commenter who recommended setting the look - back period at three years noted that applicants with debts in collection or that have been charged off for two years could still be subject to aggressive collection practices, which may cause further financial distress to the borrower in the near future.
With that, the argument against deficiency is why subject the homeowners to further financial distress?

Not exact matches

Listening to rich people problems can only serve to further depress someone in financial distress!
If your financial situation is such that your monthly expenses far exceed your monthly income thus you are unable to make timely in - full payments each month then you are in financial distress.
But I have other UK candidates (in the «distressed «business) to look over, which I suspect will offer far better operational / financial histories.
Thus far, the recent advance has been focused on low - quality and distressed sectors such as financials, insurance and homebuilders.
It's worth noting that Lakonishok, Shleifer, and Vishny (1994) disagree with Fama and French's assertion that the returns are due to financial distress, arguing instead that the returns to value are the result of a bias that leads investors to extrapolate past performance too far into the future, not fully appreciating the phenomenon of mean reversion.
In addition, these family groups often experience financial distress, which may further complicate the situation.
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