Sentences with phrase «deemed uncollectible»

Charge offs represent debts liquidated through bankruptcy or those deemed uncollectible.

Action of transferring accounts to a category deemed uncollectible, such as a bad debt or loss.

Go for the installment agreement if you're able, get deemed uncollectible again or, if it looks like your dire straits will continue unchecked forever, consider an offer in compromise.

If it decides you can not afford an installment agreement, it may deem you uncollectible.

Not exact matches

«If your circumstances are dire and the IRS agrees, the IRS may deem you «uncollectible» and put you in a status where your bill is not paid but they will not attempt to collect,» she said.

Its latest performance report suggested that # 3.5 billion of child support debt remains uncollected, and almost # 2 billion of this was deemed «probably uncollectible».

We will send you a Periodic Statement of your Account each month that you have a credit or debit balance of more than one dollar, or where an Interest Charge has been imposed, or there has been activity in your Account unless we deem your Account uncollectible or delinquency collection proceedings have been instituted against you.

At some point you could deem the rent uncollectible and deduct the expense as «bad debt expense».

We may discontinue sending billing statements to you if we deem your Credit Account to be uncollectible or if we sent your Credit Account to an attorney or other third party for collection purposes.