If you default on a home equity loan, the worst they can do is take your home.
Such a downdraft in the casino business would probably entail a default on its debts.
The notion that the U.S. is going to default on its debt is just irresponsible.
Aron said no, declared Semgroup in default on its contracts and demanded immediate payment of losses.
The possibility of a Greek default on March 20 lends further credibility to their hypothesis.
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For instance, companies, like consumers, are more likely to default on loans during times of recession.
Has the administration begun to prioritize how it will handle a default on August 3rd?
Without the bill, the government would default on its obligations by as early as mid-February.
The vote basically pushes off a potential default on our debt and allows us to borrow.
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More than four million students, or nearly 15% of borrowers, are in default on their loans.
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The likelihood of default on this debt is microscopic, which makes them a very stable investment.
Failing to raise the debt ceiling could cause the government to default on its debt.
And the ramifications of Greek default on the European and US banking systems are largely unknowable.
The Fed, not the banks, bears the risk of any default on the paper.
But unlike Argentina, Uruguay did not default on its public debt nor tear up its contracts.
Russia's default on its government obligations has set back Western investment in Russia by years, probably decades.
Once all such devices were exhausted, Mr Geithner warned, the Treasury would have to default on something.
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The 2nd rescue package is merely a way of saving Greece from a default on March 20th.
Because of default on two of seven deals, MBIA had to pay tens of millions of dollars.
And foreign investors, recalling Ecuador's default on its foreign bonds in 1999, have no appetite to lend.
But there was growing consensus on one thing: There should be no default on the nation's debt.
That Greece is, at some point, going to default on its public debt is a foregone conclusion.
He has yet to specify whether he will default on the debt, or seek a voluntary restructuring.
In light of this, some mortgage holders have tried something radical: a voluntarily default on their payments.
It is clear now that in no circumstance will Clearwire default on anything, much less go bust.
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By the end of the year, the military dictatorship will likely not only default on Egypt's loans.
Without the option to print money, in any other situation, we would most certainly default on our obligations.
There is a rumor floating around that no deal would cause the US to default on its obligations.
If not, he said his banks will go belly up and the country will default on its debts.
Harrisburg, the state capital of Pennsylvania, was scheduled to default on a 3.3 million dollar bond payment yesterday.
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