Meaning Financial hardship
What does Financial hardship mean? Here you find 3 meanings of the word Financial hardship. You can also add a definition of Financial hardship yourself
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Financial hardshipFinancial hardship means a reasonable inability to meet debts, contracted payments, bills or daily living expenses due to life circumstances, such as losing your job or suffering from an illness. In r [..]
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Financial hardshipis when a customer is willing but unable to meet their contractual debt obligations because of unexpected events or unforeseen changes that impacts cash flow, for example:
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Financial hardshipInability to meet minimum living standards / depriving the tax payer of the ability to maintain minimum living expenses if ignored / or extraordinary circumstances beyond taxpayer’s control.
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