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There is no such thing as good or bad debt.
This is because you are taking the bad debt risk.
Last year bad debts cost a million pounds a day.
Just a matter of trying to settle a bad debt.
Somebody will have to pay to keep things running, and more bad debt is one solution.
But when bad debts get written off, someone has to take a loss.
"And Lord knows when bad debt is going to go down."
Can I claim a bad debt loss for this money?
This will not be good news for those banks left with the bad debts.
It's gone into the black hole of bad debts never to be seen again.
Being able to do this may be the only factor standing between you and a bad debt.
It is even more useful if you have bad debts.
The total amount of bad debt at the nation's financial institutions has not actually changed much.
This later folded due to a bad debt in 2002.
This was his first experience with an allowance for a bad debt.
I have, of course, subjected myself to many bad debts.
See section 14 for details of what a bad debt account must show.
But more often, care for the uninsured is written off as bad debt.
The company is also facing significant sums of bad debt.
Usually this can be calculated from the bad debt account.
Some businesses tend to have a higher level of bad debts than others.
Some analysts, however, have said the bad debts could be twice that.
And it takes two idiots to create a bad debt.
The move will allow the banks to remove the bad debt from their books.
And this plan does almost nothing to rescue them from the consequences of that bad debt.