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2. Write-off - Wikipedia

   en.wikipedia.org/wiki/Write-off

   A write-off is a reduction of the recognized value of something. In accounting, ... Similarly, banks write off bad debt that is declared non collectable (such as a ...

3. Charge-off - Wikipedia

   en.wikipedia.org/wiki/Charge-off

   A charge-off or chargeoff is a declaration by a creditor (usually a credit card account) that an amount of debt is unlikely to be collected. This occurs when a consumer becomes severely delinquent on a debt. Traditionally, creditors make this declaration at the point of six months without payment. A charge-off is a form of write-off.

4. How to write off repayment of a business loan - AOL

   www.aol.com/finance/write-off-repayment-business...

   Specifically, you can write the interest portion of your payments off as a business expense. Let’s say you took out a small business loan , and your monthly payments are $1,200.

5. What is debt forgiveness? - AOL

   www.aol.com/finance/debt-forgiveness-202301471.html

   Debt forgiveness — also commonly referred to as debt cancellation or debt relief — is what happens when a creditor writes off your debt. The creditor may grant you a partial or full pardon of ...

6. Do I have to pay off credit card debt that’s been ... - AOL

   www.aol.com/finance/pay-off-credit-card-debt...

   At a certain point (usually 90 to 180 days later) when it is no longer profitable to carry the debt, credit card companies will take steps to get unpaid debts off their books so they can focus on ...

7. Credit management - Wikipedia

   en.wikipedia.org/wiki/Credit_management

   Removing bad debts from the ledger (Bad Debt Write-Offs). Setting credit limits. Setting credit terms beyond those within credit analysts' authority. Setting credit rating criteria. Setting and ensuring compliance with a corporate credit policy. Pursuing legal remedies for non-payers. Obtaining security interests where necessary.