Defaulted

The airline canceled the reservation of the passengers who defaulted on their payment for the ticket.

The printer defaulted to double-sided printing.

The defaulted bond was downgraded by credit rating agencies.

The defaulted mortgage led to the foreclosure of the family's home.

The defaulted debt has caused financial trouble for the company.

The defaulted lease agreement caused legal disputes between the tenant and landlord.

The defaulted promissory note led to a lawsuit.

The defaulted loan led to legal action against the borrower.

The bank seized the assets of the client who had defaulted on their business loan.

The bank has declared the loan as defaulted due to non-payment of interest.

The defaulted contract meant that the vendor had to find a new supplier.

The defaulted customer account was sent to a collection agency.

The defaulted credit card account had a negative impact on his credit score.

The defaulted payment led to the cancellation of the subscription.

The defaulted student loan led to wage garnishments for the borrower.

The bank seized the property after the owner defaulted on the loan.

The bond defaulted after the issuer declared bankruptcy.

The investor suffered losses due to defaulted bonds in the portfolio.

The defaulted bond caused a significant loss for the investor.

The company terminated the contract due to the defaulted payment.