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Legal Word of the Day
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- bad debt
- the debt that can not be collected for different reasons.
Generally, credit card debts used to purchase basic nesessities as well as hospital care debts considered "bad debts".
Accounts receivable that will likely remain uncollectable and will be written off. Bad debts appear as an expense on the company's income statement, thus reducing net income. … Full Definition »
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Richard A CerratoAttorney at LawPRACTICE AREA: Personal Injury, Family Law, Real Estate Law, Bankruptcy Law, Wills & Probate, Labor & Employment Law, Animal Law, Industrial Development Law
Douglas P MahoneyAttorney at LawPRACTICE AREA: Personal Injury, Professional Malpractice, Criminal Defense, Constitutional Law & Civil Rights, Litigation, Animal Law
Robert A MullinsAttorney at LawPRACTICE AREA: Contracts, Business Law, Environmental Law, Alternate Dispute Resolution, Animal Law
Richard E TravisAttorney at LawPRACTICE AREA: Personal Injury, Labor & Employment Law, Litigation, Animal Law, Workers Compensation
Helena Independent RecordBecause Montana is one of just three states without a formal rainy day fund with rules written into state law, the amount of cash in the bank also affects how quickly the state can spring back from economic downturns without significant budget cuts ... more »
The PostThe Firm provides financial and advisory services on domestic and cross-border mergers and acquisitions, divestitures, restructurings, financings, capital raising and other transactions to a diverse client base, including firms, partnerships ... more »