in default

Some borrowers with “very complex legal issues” may require one-on-one help, including those who have older private loans from defunct issuers, or have been in default on their loans, Martindale said.

Earlier this year, a judge granted the unknown man a "judgement in default" - a ruling in his favour without a trial - after Spacey's lawyers failed to serve a defence to the lawsuit in time.

Judge Jeremy Cook overturned the judgement in default against the actor.

Being in default renders Kemble Water effectively insolvent but that will not affect the underlying utility business that supplies water and waste services to 1 in 4 people in the UK.

Two possible scenarios are cited in which the museum would be in default on the agreement, allowing the city to take back the property.