defaulters
Those who renege
Defaulters is the plural of defaulter—someone who fails to fulfill an obligation, especially a financial one.
A loan defaulter misses payments; a tax defaulter doesn't pay what's owed.
In military contexts, defaulters are personnel guilty of minor offenses: The sergeant read out the list of defaulters at morning parade.
Lender seizes mortgaged property
- repossessionCreditor seizing collateral
- bankruptcyLegal status when insolvent
- insolvencyInability to pay debts
- evictionForced departure from rental
liquidation · receivership · asset seizure · wage garnishment · collateral · auction · dispossession · forfeiture
Overdue financial obligations
- delinquencyCriminal or neglectful behavior
- overduePast expected arrival
- collectionsGathered groups of items
- creditorsThose owed payment
repayment · outstanding · liabilities · obligations · settlement · write-off · restructuring · penalties
Pursuing legal charges
- judgmentReasoned decision-making capacity
- litigationLegal dispute process
- court orderBinding judicial directive
- summonsFormal court notification
enforcement · seizure · attachment · lien · injunction · contempt · warrant · subpoena
Failure to settle debts
- evasionAct of escaping detection
- avoidanceDeliberate keeping away
- delinquentFailing in duty
- deadbeatPerson avoiding owed payments
shirker · dodger · absconding · welching · reneging · willful · strategic · chronic
Record of borrowing behavior
- FICOCreditworthiness rating system
- payment historyRecord of past transactions
- creditworthinessAbility to repay debts
- risk assessmentEvaluating likelihood of harm
credit utilization · credit score · credit history · blacklist · rating · downgrade · derogatory · scoring
foreclosure
Lender seizes mortgaged property
- repossessionCreditor seizing collateral
- bankruptcyLegal status when insolvent
- insolvencyInability to pay debts
eviction · liquidation · receivership · asset seizure · wage garnishment · collateral · auction · dispossession · forfeiture · loss
arrears
Overdue financial obligations
- delinquencyCriminal or neglectful behavior
- overduePast expected arrival
- collectionsGathered groups of items
creditors · repayment · outstanding · liabilities · obligations · settlement · write-off · restructuring · penalties · interest
prosecution
Pursuing legal charges
- judgmentReasoned decision-making capacity
- litigationLegal dispute process
- court orderBinding judicial directive
summons · enforcement · seizure · attachment · lien · injunction · contempt · warrant · subpoena · statutory
nonpayment
Failure to settle debts
- evasionAct of escaping detection
- avoidanceDeliberate keeping away
- delinquentFailing in duty
deadbeat · shirker · dodger · absconding · welching · reneging · willful · strategic · chronic · serial
credit report
Record of borrowing behavior
- FICOCreditworthiness rating system
- payment historyRecord of past transactions
- creditworthinessAbility to repay debts
risk assessment · credit utilization · credit score · credit history · blacklist · rating · downgrade · derogatory · scoring · risk profile
- Bugle Callsreveille, taps, last post, first call, mess call