Sentences with phrase «insurmountable debt»
"Insurmountable debt" refers to a situation where someone owes a large amount of money that they cannot overcome or pay back easily. It indicates that the debt is extremely difficult or impossible for the person to manage or deal with successfully. Full definition
By mischaracterising the government proposals, and advancing an image of insurmountable debts, they risk scaring applicants from poorer background away from university.
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The team at Hoyes, Michalos & Associates Inc. specializes in finding the best solution for people in Ontario faced with insurmountable debt loads.
«The type of credit that this bill helps consumers access is the kind that makes it easier for vulnerable consumers to sink into insurmountable debt — like payday and other high - cost loans.»
The «quick wins» you experienced as you worked through your smaller debts are long gone as you are now faced with a seemingly insurmountable debt that threatens to consume you.
Insurmountable debt causes physical and emotional stress, can strain interpersonal relationships and cause problems at work.
If you're facing insurmountable debt, please seek debt help from a credit counseling and debt consolidation program.
«We need to do more to help citizens and legal residents of our state because they have insurmountable debt when they graduate.»
Although a legal process designed to protect debtors from insurmountable debt, filing bankruptcy ruins your credit and can have lasting consequences.
«Today, students are incurring insurmountable debt and, as a result, are often discouraged from pursuing the schools and careers of their choice,» Poliquin commented, «It is critical that families have the options they need to more easily save for higher education.»
Are you among the growing number of individuals who are smothering under mounds of nearly insurmountable debt?
I predict an increase in suicides specifically related to millennia's inability to live up to a meaningful existence because we are plagued with insurmountable debt of student loans; we can not escape because the cloak of debts burden blinds us from the perseverance needed to see the light at the end of the tunnel.
Businesses, cities, and even countries sometimes get into insurmountable debt.
But if you're looking for daily transportation without burying yourself in six years worth of insurmountable debt, there are no other choices that offer this level of equipment for this little outlay of cash, with a 10 year warranty.
If you haven't lined up a job, even thinking about that seemingly insurmountable debt can be enough to warrant a panic attack.
A major devaluation of the dollar was always the way the «Big Guys» planned to repay the insurmountable debt to China.
We can either elect the same people who have destroyed the U.S.job market and saddled us with near - insurmountable debt, or we can elect new people to Congress with the real - world, practical experience to begin digging us out.
Emma's idealistic longing for earth - shattering romance is unmet in the realities of married life; devastated by a series of ill - fated affairs and an insurmountable debt, she abandons herself to that most dramatic display of suffering: a prolonged and painful suicide.
The increased costs are those associated with the loss of money and quality of life that many of our clients experience from trying to tackle an insurmountable debt load with no particular plan — other than to pay - it - off.
Insurmountable debt is too often the result of poor money management.
Bankruptcy is the result of insurmountable debt.
If you have an insurmountable debt, bankruptcy may be the only option available for you to get out of debt and get back on the road to having less financial stress.
Now consider this for one moment, because it affects a lot of people who are in dire financial straits with insurmountable debt — your health and well - being are more important than any problems that you have with finance at the moment.
For example, when someone has insurmountable debts, often due to one - time events such as divorce, catastrophic illness, or business failure, bankruptcy may be the best way to overcome debt that person has no way of ever paying back.
Though never ideal, bankruptcy does provide an «out» for some insurmountable debts; though your credit will likely get ruined, you can at least get your finances in order and retake control of your money.
After all, credit cards pose the risk of insurmountable debt, while the worst that can happen with debit cards is an overdraft fee or two.
Small balances that grow incrementally and then compound due to interest turn into what might eventually be insurmountable debt.
Yes, credit cards get a ton of bad press for being the gateways to insurmountable debt.
That makes it even more important to have the right renters insurance so that a fire or major storm doesn't cause insurmountable debt.
Paying for car repairs and medical expenses can take a real toll on your savings and credit, even catapulting you into insurmountable debt.