It's a personal bad debt
I think is non recourse debt
No, it is a debt not income.
Basically they it is a debt related to businesses or other non-personal matter rather than consumer debt which pertains to home, family, personal expenditures, etc.
Non business bad debt deduction for what? if anything, the IRS will try to collect tax on it, considered as income
You can learn about non-profit debt management from New Ride Loan, Pro Sights Speciality, My Financial Goals, Money Management, Non Profit Debt Center, and from the Debt Management Group.
Basically they it is a debt related to businesses or other non-personal matter rather than consumer debt which pertains to home, family, personal expenditures, etc.
No. Child support is based upon the non custodial parent's income. A student loan is considered a debt.
The creditor can legally pursue collection of the debt owed from the non-filing spouse by whatever means they deem necessary, including filing a lawsuit.
Loans that are not from or guaranteed by a federally guaranteed program, or involve a college or university that participates in such programs, can be discharged. Room and board, fees and other non-education and non-loan debts are dischargeable.
Start a non profit business
An unsecured loan is a loan that is not backed by collateral. Also known as a signature loan or personal loan. Unsecured loans are based solely upon the borrower's credit rating.
Student Loan Consolidation and Debt Payoff CalculatorThe Student Loan Consolidation and Debt Payoff Calculator applies two simple principles to paying off high-interest debt.Consolidate your existing student loansUse your extra cash every month to pay off your higher interest debt soonerWe apply the amount of payment savings you choose to your non-student loan debt with the highest rate. When that balance is paid in full, the balance with the next highest rate will be paid down. This continues until you have rolled through all of your balances and your non-student loan debt is paid in full. Click the "View Report" button for a detailed look at the results.