Rescheduling of Debt

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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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Babbar further called the Bharatiya Janata Party (BJP) 'a weak party' for taking the support of the administration of the state in rescheduling Gandhi's visit to Amethi.
08bn and rescheduling of the residual value amounting to EGP 781.
Prescriptions for hydrocodone combination agents decreased by 22% after rescheduling, and those for hydrocodone combination tablets decreased
He cited examples of India and Malaysia, where the loan rescheduling period enjoyed is 12 months and 6 months respectively.
The privately-owned firm said in a statement the new CRO will work with lenders and management on matters related to the rescheduling of its financial debt.
With this payment, Global met its first year repayment commitment stated in the debt rescheduling agreement signed with 53 lending banks on 10 December 2009,' the company, one of Kuwait's biggest investment firms, said in a statement.
They therefore maintain that when waiving and rescheduling the debts, the state had acted as a market economy operator, trying to achieve the best result in economic terms.
But diplomats said Amman has already rescheduled its debt five times with the Club, each time assuring creditors that the rescheduling would be its last.
Right now is not the time that we're going to worry about rescheduling a parade.
One possible way out is the rescheduling of debt to minimise total loss to creditor countries as well as subside the burden of debtor country.
8 billion, which is almost half the total amount of Indonesian rescheduling to Paris Club creditor countries approved in April last year.
Sattar said Pakistan was ''buried under a debt mountain of $40 billion'' and has been seeking a rescheduling by the IMF, World Bank and donor countries.