Defaulters example sentences

"Defaulters" Example Sentences

1. The bank was in trouble due to increasing number of defaulters.
2. The government took strict actions against the loan defaulters.
3. The association of creditors was formed to recover money from the defaulters.
4. The company blacklisted all the defaulters from future transactions.
5. The court issued a notice to all the loan defaulters to appear before it.
6. The bank recovered the outstanding amount from the defaulters.
7. The loan defaulter was penalized for not paying the dues on time.
8. The institution imposed a fine on the defaulting students.
9. The lender refused to give loans to the defaulter.
10. The company warned the defaulters of legal consequences if they did not pay their debts.
11. The government announced a special scheme for the defaulters to clear their dues.
12. The defaulters were given a grace period to repay their loans.
13. The bank declared the defaulter's account as non-performing asset.
14. The company suffered a huge loss due to the defaulters.
15. The association offered a settlement option to the defaulting members.
16. The government recovered a significant amount of money from the defaulters.
17. The lender took possession of the defaulter's property to recover the loan.
18. The court ordered the defaulters to pay the outstanding dues with interest.
19. The defaulter was declared bankrupt by the court.
20. The company filed a case against the defaulters for fraud.
21. The bank imposed a penalty on the defaulter for bouncing checks.
22. The organization initiated legal proceedings against the loan defaulters.
23. The lender negotiated with the defaulter for a repayment plan.
24. The defaulter's credit score was severely affected due to non-payment of dues.
25. The bank threatened to seize the defaulter's assets if he did not pay back the loan.
26. The government provided financial assistance to the defaulters affected by natural calamities.
27. The court granted permission to auction the assets of the defaulter to recover the dues.
28. The company set up a recovery team to follow up with the defaulters for payments.
29. The association formed a committee to oversee the recovery process from the defaulters.
30. The lender approved a loan for the defaulter after he cleared his previous debts.

Common Phrases

1. The company had to take legal action against the defaulters;
2. The bank suffered significant losses due to the number of defaulters;
3. The government implemented stricter measures to prevent defaulters;
4. The landlord had trouble finding new tenants due to previous defaulters;
5. The credit rating of many defaulters plummeted;
6. The loan was denied due to the applicant being a defaulter;
7. The utility company disconnected services for non-payment by the defaulters;
8. The defaulters tried to negotiate a payment plan with their creditors;
9. The repeated warnings to the defaulters went ignored;
10. The defaulters faced severe consequences for not honoring their financial obligations.