Financial distress refers to a situation when a person or a company is experiencing serious money problems or difficulties. It means that they may have trouble paying their bills, debts, or other financial obligations. They are likely to face financial hardships and may require assistance or take actions to recover from this distressing situation.
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«financial»
«distress»
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Phrases with «financial distress»
Sentences with «financial distress»
- Without adequate payment, you may end up in financial distress as you attempt to pay for your medical care out of pocket. (redlandsinjurylawyer.com)
- I'll start by identifying a few telling symptoms, and eventually go down to the typical root causes of financial distress. (entrepreneur.com)
- I am self employed, and I experienced financial distress in 2009 and eventually filed a Consumer Proposal. (bankruptcy-canada.ca)
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