Debt – for someone it is a heavy burden, but for someone a way to earn.
What category of charged off as bad debt?
What categories of charged off as bad debt are there?
Debt can be of several categories:
The most common category of debt is when you owe.
Far fewer such subjects to whom they should.
And units of such subjects who earn on debt.
charged off as bad debt can also be of several categories.
What to do with charged off as bad debt?
If the subject is a debtor:
charged off as bad debt need to give. Make a schedule and monthly give a comfortable amount. Do it every month and soon there will be nothing left of the debt.
If the subject should?
You need to get your money back and never lend it again.
charged off as bad debt and profit.
Also, using debt, you can earn money. Here are some examples:
⬤ right to debt can be bought with a huge discount and then claim it,
⬤ a debt you can buy an asset that will bring more income than the payment on debt,
⬤ debt can be taken at a small percentage and give it at a higher percentage,
⬤ other options.
charged off as bad debt must move from one category to another category.