Posted October 8th, 2009
by admin
elizabeth_coe1 asked: Hi when i was 18 i took out every form of credit that was offered to me - then i spent 18months unemployed - which got me into REALLY bad debt and was black listed. now all but 2 are paid off - where do i now stand with my credit rating??
Tags: Bad Credit, Bad Debt, Credit Rating
Posted in Credit | 6 Comments »
Posted September 28th, 2009
by admin
aidan_adore asked: I am 3 months behind a credit card payment and they sent me a letter stating they were going to write it off as a bad debt. What does this mean? Do I have the payment still. I am confused as to what this entails.
Tags: Bad Credit, Bad Debt, Credit Cards
Posted in Personal Finance | 3 Comments »
Posted September 28th, 2009
by admin
Brandon M asked: If a bad debt is removed from my credit report because I disputed it, will my credit score with that burea be updated immediatly or will it take time?
Tags: Bad Debt, Credit Debt, Credit Report
Posted in Credit | 3 Comments »
Posted September 28th, 2009
by admin
Liz asked: I thought there was a seven year rule in that all bad debt on your credit report “fell off” after 7 seven years. It seems that now it might never go away. I unfortunately do not have a job, no prospects of getting one any time soon. Does any one know of a way to stop this?
Tags: Bad Debt, Job, Loophole
Posted in Credit | 2 Comments »
Posted September 24th, 2009
by admin
InspectorT85 asked: I have been in bad debt and my credit history is really bad by now. I was wondering if there was any chance for me to make it all better by getting a new social security. Is this possible?
Tags: Bad Credit History, Bad Debt, Social Security
Posted in Credit | 8 Comments »
Posted March 5th, 2009
by admin
averageMandy asked:
I need to support a child of 2years old. And I had been without a job for almost 4 years. I got bad credit history such as debt written off and late payments.
Tags: Bad Credit History, Bad Debt, Late Payments
Posted in Credit | 6 Comments »
Posted February 19th, 2009
by admin
D E asked:
My fiance has bad debts from its frà ¼ heren marrige. We wanted Haus-und truck under my name and that the Gläubiger the entrance, as soon as we are married. How können do we prevent that?
Tags: Bad Credit, Bad Debt, Creditors
Posted in Personal Finance | 2 Comments »
Posted February 19th, 2009
by admin
If I have signed documentation on a personal loan can I deduct it as bad debt? Also, if the amount is $10,000.00 can I deduct it over a period of three years, considering the maximum amount allowed is $3,000.00?
By: RenneAbout the Author:
Tags: Bad Debt, Documentation, Personal Loan
Posted in United States | 5 Comments »
Posted February 14th, 2009
by admin
sonyboy812 asked:
My understanding is that bad debt is charged as an expense in the income statement and also remove the amount of bad debt from the asset side of the balance sheet.
if net assets = equity, then if asset is lower due to bad debt, then equity must reduce to balance the balance sheet. But, what is deducted in the equity side?
Thanks
Tags: Bad Debt, Equity Side, Income Statement
Posted in Other - Business & Finance | 1 Comment »
Posted February 14th, 2009
by admin
saywhaturthinking asked:
The original company keeps marking credit every month how long will they do that can but.
The new company keeps marking credit every month how long will they do that can but its been sold to pay it off as bad debt want to pay the new company that can but its been sold to.
Tags: Bad Debt, Improve Credit, New Company
Posted in Credit | 5 Comments »
