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Rescheduling of Debt
(redirected from rescheduling)

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Rescheduling of Debt
The extension of the repayment period of a loan. Rescheduled loans are most common when the borrower informs the lender that he/she will be unable to repay the loan in time, or when the borrower cannot afford payments. Because a default would hurt both the borrower and the lender, the lender often works with the borrower through options, such as rescheduling the repayment.
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Paddy Dunican, manager of Kilbeggan, told a similar story and claimed that the rescheduling of a cancelled fixture within a week or eight days of the original date is "a guaranteed loser" for a racecourse.
Irish racing counting cost of wet summer; Loss of revenue over ... by The Racing Post (London, England)
On their website, the band said: "Even though everyone hoped for Dave's speedy recovery and the rescheduling of the band's show for today, according to the information received by the management and the doctor on duty, his health condition does not allow it.
DEPECHE AXE GIGS OVER SICK SINGER by The Mirror (London, England)
The rescheduling would ensure no matches are held in cities when elections are being held.
Indian Premier League talks with BCCI inconclusive by Asian News International
 
 
 
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