Account Receivables

Question by Crystal A: So I have paid off all my bad debt on my Credit report? Ihad a judegment on my report for the amount of 1766.00 when I called they told me the total amount was 4700.00 because of Intrest, but they would settle it and send me a paid in full letter. [...]

Question by monique o: I have paid off my bad debt can i get these paid off items off my credit report? ok so i finally paid off all my old debt they were all in collections. How can or can I even get these things off my credit report if so how do I [...]

Question by Cameron05: If a bad debt is no longer on your credit report are you obligated to still pay it? And even if its no longer on your credit report is this still affecting your credit score and any new credit you apply for? Best answer: Answer by emankcinA debt is a debt, regardless [...]

Question by knowledge: Should i take a settlement opportuity for a bad debt on my credit report at 75% off the entire balance? The debt is a checking accout from 2005 where I allowed someone to rent a car in my name using my checking account, and i didn’t receieve the money from the person [...]

Question by jwsiriusjw: Is is legal to sell a bad debt to a collection company and they report the same debt on your credit report? I had a credit card I defaulted on and they sold it to a collection company and the collection company put it on my credit report as well as the [...]

Question by : can a credit buearu report a bad debt if they have no judgement in court? i got a call from an attorney that works for a collection agency. their client says I owe them money for work done. I told them the contractor did not finish his contract and i don’t owe [...]

Question by sophieb: when a company has bad debt how is that reflected on the company’s income tax report? I know it’s a loss but does the company get money back from the IRS for listing it? I just looked it up myself and I saw where it was 35% Best answer: Answer by the [...]

Question by Random: What does “Charged Off as Bad debt on your credit report mean? I have two things on my credit report from two different credit cards. One of them show it as a $ 0 balance now and the other card still says the amount I owe. I was just wondering what this [...]

Question by : What does charged off as bad debt mean on credit report, and how much does it effect? I had a car that was totaled in an accident and was covered by the other driver’s insurance that had a balance remainin I had a car that was totaled in an accident, and the [...]

Question by Stef: If a bad debt is scheduled to come off your credit report is it possible for the creditor to switch companies? so that the bad debt stays on the report.. (still owe money) Let me add that this is charged off as a bad debt already Best answer: Answer by WonderCompanies usually [...]