"Defaulted" Example Sentences
1. John defaulted on his car loan, and now his credit score has plummeted.
2. The borrower has defaulted on his obligations, leaving the lender with no choice but to take action.
3. The company will be in default if it does not make its payments on time.
4. After multiple warnings, the borrower defaulted on his mortgage and lost the house.
5. The bank repossessed the vehicle after the owner defaulted on his loan.
6. She defaulted on her promise to visit her parents, causing them great disappointment.
7. The tenant defaulted on his rent payment, leading to his eviction from the apartment.
8. The country's economy suffered greatly after it defaulted on its debt.
9. The student defaulted on his loan payments, resulting in significant long-term financial consequences.
10. The company has defaulted on several debts and is now facing bankruptcy.
11. The debtor has defaulted on several occasions, making it difficult for him to obtain credit.
12. The homeowner defaulted on his property taxes, putting his house at risk of foreclosure.
13. The borrower would rather declare bankruptcy than default on his debts.
14. The athlete was accused of defaulting on his contract after a series of missed games.
15. The executive was fired after he defaulted on his fiduciary responsibility to the company.
16. The government stepped in to bail out the company after it defaulted on its loans.
17. The debtor was ordered to pay additional damages after he defaulted on his agreement to repay the debt.
18. The company was unable to recover after it defaulted on its bonds and filed for bankruptcy.
19. The partners dissolved their business after one of them defaulted on a large loan.
20. The borrower defaulted on his personal loan, resulting in the confiscation of his assets.
21. After the borrower defaulted on his credit card debts, his account was sent to collections.
22. The car dealership will repossess the vehicle if the buyer defaults on his loan payments.
23. The lender has the right to seize the property if the borrower defaults on his mortgage payments.
24. The debtor was arrested for loan default after failing to pay back his debts.
25. The credit agency downgraded the borrower’s rating after he defaulted on his bank loan.
26. The borrower defaulted on his student loan, resulting in his wages being garnished.
27. The company went bankrupt after it defaulted on its accounts payable.
28. The landlord sued the tenant for breach of contract after he defaulted on his rental agreement.
29. The borrower received a penalty for defaulting on his credit card balance.
30. The company was delisted from the stock exchange after defaulting on its financial reporting requirements.
Common Phases
1. The borrower has
defaulted on their loan;
2. The company
defaulted on their payment plan;
3. The contract was
defaulted and legal action was taken;
4. The account has been
defaulted and sent to collections;
5. The mortgage was
defaulted due to economic situations;
6. The borrower
defaulted on several consecutive payments;
7. The loan agreement clearly stated the consequences of defaulting.