Sentences with phrase «books as a bad debt»

So, that deficiency amount that the bank writes off on its books as a bad debt while it forecloses on the Florida home owner will see that Florida home owner moving forward to deal with a 2014 tax debt.

Not exact matches

Finally the book fails to develop the details of China's economic / financial system, and as such, falls into the hole that China bulls often do, neglecting the huge buildup of bad debt inside the major Chinese banks.

The book follows around debt collectors and those associated with them, a colorful bunch, who see their see their opportunities flow and ebb as the financial crisis first produces a lot of bad debts to work on, and they mine that ore until the yields get poor.