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2. Sovereign default - Wikipedia

   en.wikipedia.org/wiki/Sovereign_default

   A sovereign default is the failure or refusal of the government of a sovereign state to pay back its debt in full when due. Cessation of due payments (or receivables) may either be accompanied by that government's formal declaration that it will not pay (or only partially pay) its debts (repudiation), or it may be unannounced.

3. What Happens if You Don't Pay a Debt? - AOL

   www.aol.com/news/happens-dont-pay-debt-172254611...

   Usually after 60 days of nonpayment, an unpaid debt will go to a debt collection company, hired by the company that's owed the money. The financial fallout could include a plunging credit score ...

4. Do I have to pay off credit card debt that’s been ... - AOL

   www.aol.com/finance/pay-off-credit-card-debt...

   When you fail to repay credit card balances you owe, those unpaid debts are eventually sold to third-party debt collection agencies. This means you no longer owe the credit card company for the ...

5. What Happens If I Don’t Pay Taxes? - AOL

   www.aol.com/happens-don-t-pay-taxes-145700854.html

   What Happens If You Don’t Pay Taxes? Not paying your taxes can lead to significant consequences. The IRS may charge penalties and interest on unpaid amounts, which could increase your debt over ...

6. What if I can't pay my important bills? - AOL

   www.aol.com/finance/2020-03-19-millions-of...

   Here's how to deal with bills you can't pay. Herb Weisbaum. March 19, 2020 at 4:07 PM ... as well as advice on budgeting and dealing with repaying debt. If you’re overwhelmed, they can help. The ...

7. How long can a debt collector pursue old debt?

   www.aol.com/finance/long-debt-collector-pursue...

   Don’t skip your court date because you believe you can’t legally be forced to pay an old debt. If you don’t appear in court and defend your case, a judge may rule in favor of the debt collector.