Porsche's first fully electric electric production car, the Mission E, will be offered in three power levels, Britain's CAR magazine has learned. The fully electric sedan, due on sale in 2019, ...
What Is a Credit Card Debt Write-Off? When a credit card company decides that it has little or no chance of collecting a debt, it will write it off as a loss. Essentially, a credit card debt write-off is an accounting tool that allows the creditor to declare the debt a worthless asset and deduct it as a loss.
Most creditors will wait until a debt is over 120 days past due before they write the debt off as a loss. Some creditors (depending on the type of loan) will write off a debt once it is over 180 days old.