Sentences with phrase «for uncollectible»

F Value; Credit for Uncollectible Amounts and Assignment Thereof; Contingent Fee Matters.

To account for any uncollectible amounts or the risk of uncollectible accounts, I set up an allowance / writeoff and recoveries component of the system.

Not exact matches

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.

The negative consequences of pushing more debt on households is also obvious: more loans become uncollectible and go into default, creating more loan losses for banks.

Eager for sales, Graff extended credit to all comers and lost more than 20 % of sales to uncollectible accounts.

This type of agreement can lead to you paying less than you owe because as the collection statute expiration date (CSED) expires for each year you were assessed taxes, that debt becomes «uncollectible.»

Debt buyers purchase charged - off, often uncollectible out of statute of limitations debts for pennies on the dollar.

Charge - offs provide a method for credit card issuers to remove uncollectible accounts from their books, and the process typically occurs after a credit card account becomes 180 days delinquent.

You may qualify for a debt validation program that could prove your debt to be uncollectible, meaning you don't have to pay it!

Other major credit problems, like a charge - off (bad credit that is written off as being «uncollectible»), will only appear for about seven years.

An account that is uncollectible is one that has no chance of being paid off due to the fact that the borrower filed for bankruptcy or can not be located.

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.

«These amounts provided for as bad debts are not written off, but continue to be monitored until collected or confirmed as uncollectible,» says a brief report on the issue to Convocation.

Company: Romtelecom S.A., Romania Position: Economist — Accounting Department Accomplishments: Responsible for customer deposits payable and uncollectible accounts.

Handled the reduction of uncollectible accounts receivable while maximizing revenue by implementing an accurate billing system for service rendered.

Vacancy and bad debt losses - An allowance, often in the 5 % range but varying in specific locales, for vacancies in rental units and uncollectible rents from tenants.