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 How to Take a Tax Deduction for Bad Debt?

Answer Whether you're a small business owner who must write off his losses or simply loaned out money that was never repaid, you can claim the loss as a tax deduction. Before you can claim the loss on you... Read More »
http://www.ehow.com/how_7348303_tax-deduction-bad-debt.html

Top Q&A For: How to Take a Tax Deduction for Bad Debt

Can personal property or a paid off condominium be taken by a debt collector to pay off credit card debt in Pa?

Creditors may certainly look to seize/attach your assets of most types to pay the debts you promised or obligated to pay and don't. They also get to recover any costs for having to act to have you ... Read More »
http://wiki.answers.com/Q/Can_personal_property_or_a_paid_off_condominium_be_taken_by_a...

How long after a credit card debt judgment can a debt be collected in Michigan?

The statute of limitations on collecting a judgment in Michigan is 10 years. Keep in mind that if the debtor is paying off the judgment in installments, the statute of limitations is put on hold du... Read More »
http://www.answerbag.com/q_view/2113063

How Long Does a Debt Collector Have to Respond to a Request for Evidence of Debt?

The Fair Debt Collection Practices Act requires lenders and collectors to abide by rules and regulations to ensure that borrowers are being treated fairly and with respect. One of these rules is th... Read More »
http://www.ehow.com/info_8484360_long-respond-request-evidence-debt.html

Is debt consolidation or debt relief a good idea?

On One Hand: Reduce or Minimize Your BillsDebt relief and debt consolidation programs offer to reduce monthly bills, or eliminate certain debts completely. Total Debt Relief is one company that mak... Read More »
http://www.answerbag.com/q_view/1982682


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