What Does Writing Off a Bad Debt Mean?
Автор: ExpertVillage Leaf Group
Загружено: 2020-12-10
Просмотров: 570
Описание: What Does Writing Off a Bad Debt Mean?. Part of the series: Debt & Debt Consolidation. Writing off a bad debt refers to a collector who discontinues his or her efforts to collect the debt and writes it off, which creates a tax disadvantage for the person who owed the money. Understand what a debt write-off is with advice from a licensed financial planner in this free video on personal finance.
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