Sentences with phrase «severe financial distress»

«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.

This is usually approached as a last option as a means of trying to salvage something of a company that may be failing or struggling under severe financial distress.

In Turin, notwithstanding severe financial distress, the town council has never stopped believing in culture, and today the city embodies a virtuous model for others.

When considering legislation to support nuclear plants in either state, our position will be determined by the transition principles that we published last fall, which elaborate the idea that «[s] hort - term, narrowly tailored financial support for existing nuclear facilities that demonstrate severe financial distress may make sense in some cases, provided it is tied to robust efforts to ensure an orderly transition.»

The neck injuries suffered caused severe financial distress for this young entrepreneur because she did not have health insurance to pay for her medical bills and her time away from work due to her injuries adversely affected her young and growing business that she had worked so hard to build.

«Our testing process has demonstrated that sometimes what we (as attorneys, legal academics, and law students) find obvious, clear, and intuitively appealing is not always what individuals in severe financial distress find helpful».

The bottom line is that bankruptcy should be a last resort for those in severe financial distress, but when it is needed, it is not unethical in the eyes of the Bible.

Consolidating debt is usually one of your first lines of defense against the bad outcomes of severe financial distress, but can the solution also cause any delay to achieving your future goals?

For less money than the cost of a picture frame or a blanket for your apartment, you can have a comprehensive insurance plan that safeguards you from the severe financial distress that can often accompany a disaster at home.

Ignoring tax issues may lead to severe financial distress.