Sentences with phrase «serious default»

They are mandated to alert appropriate law enforcement agency in event of serious default by a probationer.

According to the National Reverse Mortgage Lenders Association (quoting 2017 data from New View Advisors), in just two years financial assessment has reduced tax - and insurance - related defaults by nearly 75 % and serious defaults by almost two - thirds.

Indeed, after recently being briefed on the matter by European pension players, he concluded the possibility of serious defaults in the wake of these new rules «is all too real.

In case of a serious default, one in which the U.S. postpones or suspends any debt payments, «Canadian yields could actually drop as a result of both the economic slowdown and safe - haven flows,» Shenfeld wrote in a recent research note.

If it shows consistently timely payments and no serious defaults, you will find the lender much more receptive than if you have a record of unexplained chronic late payments.

On the other hand, a homeowner who has no equity is a serious default risk.

Mistakes can damage your credit score for years — up to seven years for negative information like late loan payments and 10 years for a serious default like bankruptcy [source: FTC).

The case concerned the ex gratia scheme for compensating people for periods in custody following wrongful conviction or charge resulting from the serious default of a public authority.

The High Court and Court of Appeal ruled that not only was there no evidence connecting him to any plot, there was a «considerable body of evidence» suggesting that the police and the CPS were responsible for «serious defaults» in handling the case.