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My account balance is "in the red." Once debt is paid, you're "in the black."

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Q: What is a different way to say you are in debt with word red in it?
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How do you say you are in debt with the word red in it?

You're in the red. The expression "in the red" refers to a color of ink. Handwritten accounting records in ledger books used to be kept in black ink for positive amounts and red ink for negative amounts. When the balance was written in the red ink, you had a balance below zero--a "minus" amount--meaning that you owed money. You were "in the red." There's no such thing as being below the red. You can't be more minus than minus. ---- * My finances are way below the red.


Can you inherit debt?

No, debt is not inheritable. The purpose of an estate is to settle all debts before anything is distributed. You can opt to accept some debt, for instance a mortgage, if you want the home. Be careful what you say when talking with creditors.


Do you have to say the mini Miranda in California?

Yes, you have to say in every collection call according to the FDCPA (Fair Debt Collection Practices Act), regardless of the state you are calling in. You can take a look here www.fair-debt-collection.com


Can debt collectors who buy a debt from another debt collector change the open date to make the debt look newer?

The is YES they can, but! They are not supposed to. Unless you effectively complain and point out to the Credit Bureaus what the debt collector is doing, they will get away with it. Additionally, the same debt "cannot" legitimately be reported with an "outstanding" balance more than once on your credit report. For example, lets say that a debt has been bought and sold three different times. The debt cannot be listed as due and owing by the original creditor and the three subsequent debt buyers. You must remain ever vigilant in keeping your Credit Reports clean. It is illegal for debt collectors to change the date of last activity in order to keep negative records on your credit report longer. The original debt that was charged off as well as all related collection records must be removed exactly 7 years after the date of last activity. The date of last activity is the charge-off date, which is the date that the debt became 6 months delinquent.


What is a negotiated debt settlement?

Negotiated debt settlement is when a creditor agrees to close a debt and consider balance zero by accepting less than the full balance that is owed. Let's say you owe capital one $10,000. You have $3,000 and offer them to consider the remaining balance forgiven. If they accept, you have a negotiated debt settlement.

Related questions

How do you say the word in debt using the word red?

You can say the word "in debt" using the word "red" by pronouncing it as "indebted" or "red in debt."


What letter is a verb of debt?

A verb is an action word. A letter that when you say it, means of debt is the letter O. If you are in debt, you owe somebody something.


How do you say the word red in Hawaiian?

The Hawaiian translation for red is 'ula'ula.


How do you say red in Zhuang?

In Zhuang, the word for "red" is "swz".


What are three different ways to say red in English?

Crimson, scarlet, or maroon. Those are three different ways to say red in English.


How do you say red in Hindi?

The word "red" in Hindi is "लाल" (pronounced as "laal").


How do you say caught doing a crime with the word red in it?

Caught red-handed?


How do you say red in every language?

Here are some translations for the word "red" in different languages: Spanish: Rojo French: Rouge German: Rot Japanese: 赤 (Aka) Russian: Красный (Krasnyy)


How do you say the word efficiency in different languages?

Different words for "Efficiency" in different language


How do you say you are in debt with the word red in it?

You're in the red. The expression "in the red" refers to a color of ink. Handwritten accounting records in ledger books used to be kept in black ink for positive amounts and red ink for negative amounts. When the balance was written in the red ink, you had a balance below zero--a "minus" amount--meaning that you owed money. You were "in the red." There's no such thing as being below the red. You can't be more minus than minus. ---- * My finances are way below the red.


How do you say Adrian in Chinese?

You say it the same just with a different accent that makes it sound like a different word.


How do you say the word rescue in different languages?

Rescue