Unless the accident victim receives adequate compensation from their insurance of from the party responsible for their accident, these bills can result
in severe financial stress or complete ruin.
Without these funds coming in the family members left behind could
suffer severe financial stress in addition to the severe mental stress that always accompanies the death of a loved one.
The city of Troy has been
under severe financial stress, thanks to problems including sewer and water issues, shoddy bookkeeping, and a lack of a long - term comprehensive plan, as outlined in an audit by State Comptroller Tom DiNapoli last February.
In 2013, Moody's Investor Service, a bond credit rating agency, released a report which concluded that a small but growing number of school districts
face severe financial stress as charter schools proliferate, specifically because these districts can't reduce their costs as quickly as they lose revenue.
Thankfully, insurance companies manage most of the risk of driving so Texas drivers can drive freely without the worry
of severe financial stress should they end up in an accident.
An uninformed motorist may assume that there is nothing else to be done and try to pay for the remainder of the medical bills and repairs out of pocket, which could result
in severe financial stress.
Parents don't need permission from their home districts to transfer, but home districts may cap the annual number of transferees at 3 percent of enrollment, or at 10 percent of average annual enrollment cumulatively over the authorized life of the District of Choice program, and they can prevent transfers if the loss of enrollment revenue would cause a district «
severe financial stress,» the report said.
«October's sharp spike in new consumer bankruptcies confirms
the severe financial stress on household budgets caused by high debts, flat incomes, and declining home values,» said ABI Executive Director Samuel J. Gerdano.