what debts are not included in a dro?
419657
['All student loans (old and new style)', "Magistrates' court fines.", 'Debts to the child maintenance service or CSA.', 'Social fund loans.', 'Criminal fines (including debt incurred under the Proceeds of Crime Act)', 'Claims against you for damage or personal injury.', 'TV Licence arrears.']
361707
['unreimbursed employee expenses.', 'personal casualty or theft losses.', 'tax preparation fees.', 'certain mortgage interest, or points above the limits on a federal return.']
847152
Borrowers are not taxed on the loan amount received since it is considered as debt. The borrower has the prerogative on the use of the loaned money. However, borrowers do not 'own' the money and are required to pay the lender back in full, with or without interest as ownership of the amount remains with the lender.
287804
Noncurrent liabilities include debentures, long-term loans, bonds payable, deferred tax liabilities, long-term lease obligations, and pension benefit obligations. The portion of a bond liability that will not be paid within the upcoming year is classified as a noncurrent liability.
884740
There is no interest charged on HELP debts. However, indexation is added to your debt on 1 June each year. ... HELP debts are not indexed until they are 11 months old. See the ATO website for current and past indexation rates.
366832
Any surviving spouse, civil partner, or relative cannot be required to pay off individual debts out of their own pocket, unless they have provided a personal guarantee. A personal credit card with an outstanding unpaid balance is an example of individual debt.
1273335
There are only four types of debt for which the federal government will withhold your tax refund or send it to one of your creditors. These debts include past-due federal taxes, state income taxes, child support payments and amounts you owe to other federal agencies, such as federal student loans you fail to pay.
42960
Bad debt expenses are generally classified as a sales and general administrative expense and are found on the income statement. Recognizing bad debts leads to an offsetting reduction to accounts receivable on the balance sheet—though businesses retain the right to collect funds should the circumstances change.
71617
These debts include past-due federal taxes, state income taxes, child support payments and amounts you owe to other federal agencies, such as federal student loans you fail to pay. As a result, the collection agencies that your other creditors hire to obtain payment from you cannot intercept or garnish your tax refund.
1020480
Income that has been generated but not earned, aka unearned revenue, is not included on the income statement and is considered a liability.
203152
While most major lenders and creditors report to at least one of the credit reporting agencies, there is no requirement to report, and not all companies do. Therefore, it is possible to owe a debt that does not appear on any of your credit reports.
1051454
Nondischargeable debt is a type of debt that cannot be eliminated through a bankruptcy proceeding. Such debts include, but are not limited to, student loans; most federal, state, and local taxes; money borrowed on a credit card to pay those taxes; and child support and alimony.
312397
The general rule is that you are not responsible for the debts of your spouse or partner if those debts are in their name only. However, if the debt is in joint names and/or you have joint and severable legal responsibility (i.e. for contracts or financial investments made jointly) then you will be liable.
1399136
Under GAAP, any loan modified in a TDR is an impaired loan. ... These loans are generally not considered collateral dependent due to the more-than- nominal payments expected to come from these other repayment sources.
792928
Bad debts that have been written off don't appear in the cash flow statement. They are shown in the income statement. You can read more about it here: Bad Debt Expense . Accounts receivable and allowances for doubtful accounts are two corresponding accounts that appear on the balance sheet.
949218
Creditors included in your DRO are unable to take legal action against you or request payments. ... Debt relief orders tend to be for people who have low income however and cannot afford to repay their debts whereas IVAs are intended to help people, who can afford to make repayments, clear their debts quicker.
924278
['Clothing. 5.6%', 'Groceries. EXEMPT.', 'Prepared Food. 5.6%', 'Prescription Drugs. EXEMPT.', 'OTC Drugs. 5.6%']