For tax purposes, you have to distinguish between business bad debts and nonbusiness bad debts.
Other promises, such as cleaning out Thailand's bad debts, have hardly been dealt with at all.
The bad debts turned out to be a lot more than the Irish government could handle.
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Meanwhile the remarkably low levels of bad debts that the banks have enjoyed seem unsustainable.
And bad debts at banks undoubtedly skyrocketed, but have remained hidden to this day.
In October it said bad debts and a currency hit would impact full-year profits by 2.5%.
With bad debts restraining credit expansion, domestic demand in East Asia is also constrained.
Mr Yanagisawa wants to write down all the banks' bad debts by March 2002.
Their bad debts will rise, as many larger debtors (whose loans remain in dollars) default.
Official bad debts recognised so far for property and infrastructure credit are implausibly low.
Yet too many still have an awful lot of bad debts left on their books.
You may be able to deduct business bad debts as an expense on your business tax return.
This would be a writing off of more bad debts, not the collapse of the financial system.
It might stretch out its depreciation schedule, or lower the reserve for bad debts, or neglect to expense the options.
The scale of the banks' bad debts overwhelmed the ability of the Irish state to meet its promise.
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Investors should think twice about using plastic for discretionary items, but remember that all debts aren't bad debts.
Unfortunately, much of this history shows that bad debts are not the fundamental problem in many poor countries.
Ultimately, though, all this will spur the resolution of bad debts, and on a much more transparent basis.
His arrival at RBS in April is likely to herald another brutal re-examination of its books for bad debts.
Slovenia's mostly state-owned banking sector is suffering from mounting bad debts and the government has struggled to borrow money.
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This enables banks and firms to grow out from under their bad debts.
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The proposal would have seen the government buy bad debts from US banks to prevent more of them collapsing.
But there is no point forcing banks to recognize bad debts unless overleveraged private-sector balance sheets are restructured too.
Although they are less precise than statistics on bad debts and falling production, such stories paint a grim picture.
This week the government bailed the bank out, transferring bad debts totalling 8 billion koruna to a state institution.
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China, too, has a suspiciously cosy relationship between banks, officials and companies that can be a licence for bad debts.
McCollum reacted strongly, saying his bill would help consumers by reducing bad debts that drive up prices and interest rates.
Extending fresh funds to bankrupt borrowers poses another problem for Japan's big banks, which are already burdened with bad debts.
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Besides, China's state banks, already burdened with bad debts, will prove less willing lenders than were the South Korean banks.
Like much of China's banking sector, the two have struggled under the weight of bad debts made to state-owned firms.
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