A debt moratorium is a delay in the payment of debts or obligations. The Abrahamic religions discouraged lending and prohibited creditors from collecting interest on debts owed. Creditors began to demand settlement of its outstanding debts. Debtors benefited by paying off their debts with depreciated paper. It alone approved and exercised oversight of government loans and debts. Vanguard has agreed to assume all debts and pension obligations. Farmers were unable to pay their debts. The bankruptcy resulted in Chrysler defaulting on over $4 billion in debts. Russia is making progress in meeting its foreign debts obligations. Those who are unable to pay these debts are automatically disenfranchised. She sold the family's possessions to pay the debts. Banks found themselves saddled with insurmountable debts that hindered economic recovery. His will left instructions for the payment of his debts. There was general agreement to pay the foreign debts at full value. Financial management focuses on ratios, equities and debts.