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.
I have an OLD credit card that went to collection for a while, and then the debt was written off as a loss. It was an Elan credit card, issued by some bank in North Dakota I think, maybe South. One of those Dakotas. That debt, when it hit 91 days past due, was sold off to Cohen and Associates.