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What should you do if there is a civil suit against you by Capital One for 1088 dollars for a credit card you had in 1999 but you've never received a bill because it was sent to your old address?
Wiki User
∙ 17y ago
Not getting a bill is not an excuse to use in front of a Judge. You still had an obligation to pay and you should have updated your address when you moved. NOw if you got sued and were served at an incorrect address, you can use that as a defense. But all it does is buy you time. If you are liable for the underlying debt, you have to pay. You can argue ignorance of the suit due to a move to negotiate on the acrued interest rate.
Wiki User
∙ 17y ago
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Can you offset dividends with capital losses?
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Does profit add to capital?
Profit is earned by the business in fiscal year and it is part of capital of the owner that's why it increases the capital of business because owners invest money to earn profit so it is shown in capital portion of balance sheet as an addition to capital.
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Can you offset dividends with capital losses?
No, dividends, while taxed similarly now, are not capital gains. Capital losses only offset capital gains, EXCEPT - up to 3K a year of unused capital losses may be applied against ordinary income...which because of the rate differential, is really a nice advantage.
Can you consider money as capital?
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Because it's a city itself. It doesn't need a capital, because it is a capital.
Why doesn't Washington DC have a capital?
Because it's a city itself. It doesn't need a capital, because it is a capital.
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Net profit of current fiscal year added in capital because it is part of owners capital because owners have invested capital to earn profit.
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Probably because he was "accused" of being an atheist (in Socrates' time it was capital offence to be an atheist).
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