finantskaotusi
Finantskaotusi, also known as financial distress, refers to a situation where an individual, business, or government is unable to meet its financial obligations as they fall due. This can manifest in various forms, including delayed payments, missed loan repayments, or defaulting on debts. Financial distress can be caused by a multitude of factors, such as economic downturns, poor financial management, or unexpected expenses.
The consequences of financial distress can be severe and far-reaching. For individuals, it may lead to reduced
Financial distress can be mitigated through various strategies, including budgeting, debt management, and seeking financial advice.