Patients with some form of insurance coverage accounted for 53% of the estimated $17.4 billion that hospitals, health systems and medical practices wrote off as bad debts in 2023, according to data ...

A charge-off is when a lender writes off your account as a loss and closes the account for further use. You are still legally responsible for the balance that is charged off. The lender may transfer ...

If you’ve been around closely held businesses long enough, you know that a transfer of money between a business and its owner, or between two related businesses, is sometimes characterized by the ...

Long-term debts of more than £200,000 from housing benefit overpayments and non-payment of council tax in Luton are due to be ...

Personal finance website Fool.co.uk is calling on banks not to punish customers for the sub-prime write-offs. The UK’s seven quoted banks have collectively written off £18 billion for an assortment of ...

Russian President Vladimir Putin on Saturday signed a law that allows those who sign up to fight in Ukraine to write off unpaid debts. Russian President Vladimir Putin has signed a law allowing those ...

Russian President Vladimir Putin signed a law on debt forgiveness for certain recruits on Saturday. It allows for up to $96,000 in debt forgiveness for those who sign a minimum one-year contract to ...

Kirklees Council wrote off £5.22m in debt in the last financial year, with over £2m of this coming from unpaid Council Tax. A report on the bad debt written off by the local authority in the 2024/25 ...

Pima County is poised to write off nearly $107,000 in delinquent accounts for the quarter that ended in March, with more than half of that coming from the library system. The library system wants to ...