settle with creditors

简明释义

偿还债权人

英英释义

例句

1.The small business struggled to settle with creditors after the economic downturn.

在经济衰退后，这家小企业很难与债权人达成和解。

2.The financial advisor recommended that the client settle with creditors before pursuing any legal action.

财务顾问建议客户在采取任何法律行动之前，先与债权人达成和解。

3.In a surprising turn of events, the firm managed to settle with creditors for a fraction of what they owed.

在意想不到的情况下，该公司设法以他们所欠款项的一小部分金额与债权人达成和解。

4.After months of negotiation, the company was finally able to settle with creditors.

经过几个月的谈判，公司终于能够与债权人达成和解。

5.To avoid bankruptcy, they had no choice but to settle with creditors quickly.

为了避免破产，他们别无选择，只能迅速与债权人达成和解。

作文

In today's complex financial landscape, individuals and businesses often find themselves in situations where they need to manage their debts effectively. One critical aspect of debt management is the ability to settle with creditors, which means coming to an agreement with those to whom money is owed. This process can be daunting, but understanding its significance and the steps involved can help ease the burden of debt.When a person or a business owes money, creditors expect timely repayment as per the agreed terms. However, circumstances such as job loss, unexpected expenses, or economic downturns can lead to difficulties in meeting these obligations. In such cases, it becomes essential to settle with creditors to avoid further financial complications, including lawsuits or bankruptcy.The first step in this process is to assess one's financial situation. This involves taking a close look at income, expenses, and outstanding debts. By understanding how much money is available for repayment, individuals can determine what they can realistically offer to creditors. It is crucial to be honest and transparent during this assessment, as it lays the groundwork for any negotiations that may follow.Once a clear picture of the financial situation is established, the next step is to communicate with the creditors. Many people fear reaching out to creditors, thinking that they will face harsh penalties or judgment. However, most creditors prefer to negotiate rather than push for collections. When contacting creditors, it is important to explain the situation clearly and propose a reasonable settlement offer. This might include paying a lump sum that is less than the total amount owed or arranging a payment plan that fits within the individual's budget.Negotiation is a key part of the process when one attempts to settle with creditors. Creditors may have different policies regarding settlements, and being prepared to discuss various options can lead to a more favorable outcome. It is also advisable to get any agreements in writing to ensure that both parties are on the same page and to prevent any misunderstandings in the future.Another important factor to consider is the potential impact on credit scores. Settling debts can affect credit ratings, but it is often better than defaulting or declaring bankruptcy. A settled debt may still appear on a credit report, but it shows that the individual took steps to resolve their obligations. Over time, with responsible financial behavior, it is possible to rebuild one's credit score.In conclusion, the ability to settle with creditors is an essential skill for anyone facing financial difficulties. While the process may seem intimidating, it is a proactive approach to managing debt and regaining control over one's financial future. By assessing one's situation, communicating openly with creditors, negotiating effectively, and understanding the implications for credit scores, individuals can navigate through their financial challenges and emerge stronger on the other side. Ultimately, settling with creditors can provide a fresh start and pave the way for better financial health in the future.

在当今复杂的金融环境中，个人和企业常常发现自己需要有效管理债务。债务管理的一个关键方面是能够与债权人达成和解，这意味着与欠款方达成协议。这个过程可能令人畏惧，但理解其重要性和涉及的步骤可以帮助减轻债务的负担。当一个人或企业欠钱时，债权人期望按约定的条件及时还款。然而，失业、意外开支或经济低迷等情况可能导致无法履行这些义务。在这种情况下，与债权人达成和解变得至关重要，以避免进一步的财务问题，包括诉讼或破产。这个过程的第一步是评估自己的财务状况。这涉及仔细审视收入、支出和未偿债务。通过了解可用于还款的资金，个人可以确定他们可以合理地向债权人提供什么。诚实和透明的评估至关重要，因为这为后续的任何谈判奠定了基础。一旦明确了财务状况，下一步就是与债权人沟通。许多人害怕联系债权人，认为他们会面临严厉的惩罚或审判。然而，大多数债权人更愿意进行谈判，而不是推行催收。当联系债权人时，重要的是清晰地解释情况并提出合理的和解建议。这可能包括支付少于总欠款的总额或安排适合个人预算的分期付款计划。谈判是尝试与债权人达成和解过程中的关键部分。债权人可能对和解有不同的政策，准备讨论各种选择可以导致更有利的结果。还建议将任何协议以书面形式记录下来，以确保双方达成一致，并防止将来的误解。另一个重要的考虑因素是对信用评分的潜在影响。和解债务可能会影响信用评级，但通常比违约或申请破产要好。已和解的债务仍可能出现在信用报告中，但这表明个人采取了措施解决其义务。随着时间的推移，通过负责任的财务行为，有可能重建信用评分。总之，能够与债权人达成和解是面对财务困难的任何人的一项重要技能。虽然这个过程可能看起来令人生畏，但这是管理债务和重新掌控财务未来的积极方式。通过评估自身状况、与债权人进行开放沟通、有效谈判以及理解信用评分的影响，个人可以顺利度过财务挑战，并在另一端变得更强大。最终，与债权人达成和解可以提供一个新的开始，并为未来更好的财务健康铺平道路。