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Frauds and Scams > Bad Debt

The following information is about Bad Debt.

Bad Debt Defined

Open balance or loan receivable that is considered uncollectible and is written off by a firm. (Reserves are usually maintained for uncollectible accounts.) The relationship of recoveries and write-offs to accounts receivable can indicate a firm's credit and charge-off policies.

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Off-site Bad Debt Links, User Submitted

The following links have been collected through user bookmark submission in the Bad Debt category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

Sat Jul 4

  • How To Deal With Bad Debt: Whenever people carry out their businesses on credit, they do so with an aim of increasing their profit margins. Most of this people do so on a trust basis, believing that their debtors or clients will pay up. However, clients may be unable to pay up f...

Fri Jul 3

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