Sentences with phrase «recover after defaults»

Not exact matches

The Colombian and Chilean pesos were floated in September after periods of speculative attack (although the Colombian peso has recovered a little since), the Brazilian real fell on continuing budget imbalances and US dollar debt servicing and Ecuador's sucre has been under pressure following that country's default on some foreign debt and persistent domestic stagflation.

And then after the whole thing was over and now the markets have recovered the academics you know looked at it and the credit default swaps had almost no predictive power with respect to defaults.

It can take years to recover from this situation — defaulted loans remain on credit history for up to 7 years after default is resolve — so try to avoid going into default at all costs.

This guarantee says that if your business defaults on the card, the credit card company can come after your personal assets to recover what you owe.