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What are outstanding expenses?

expenses that you still owe (have not yet been paid).


What does it mean to be in the red with expenses?

To be in the red is to have overspent, to be in debt, to owe money.


Can ownership rights be revoked if joint person does not help with the expenses?

No. You should keep the expenses paid and sue the other owner if necessary. Perhaps you should make an agreement to buy them out and deduct the amount they owe for expenses from the purchase price.


Can you stop someone from leaving the country if they owe you money?

nope lol but if they owe you money it is highly doubtfull they will afort to leave the country.


How do you calculate deductions for taxes or other expenses?

To calculate deductions for taxes or other expenses, you typically subtract the amount of the deduction from your total income. This reduced amount is then used to determine the final amount you owe in taxes or the net income you have after expenses.


Can your car be repossessed if it is almost paid off?

Yes, when they auction it you will get back money if there is any left after the banks recovery expenses and the money you owe them. That is assuming the car is worth more than what you owe.


What is the debt peonage?

Having to stay at one job just to pay what you owe


Can you get in trouble for not paying medical expenses after a car accident?

Yes, the doctor and/or medical facility to whom you owe the bill can (and probably will) take you to court.


Do you owe Ford Credit If you voluntarily turn the truck in and Ford Credit sells vehicle at auction?

Each state is different, however, in most states the amount that the vehicle (collateral) is sold for is deducted from what you owe. You will still owe the remaining balance. If the collateral is sold for more than you owe, plus repossession/reconditioning expenses, the lien holder (bank) is in turn required to rebate you the difference.


What if you leave credit card debt in US?

I owe credit cards companies in the US. Can they collect it in The Netherlands?


Can your ex take your tax refund?

Yes only if you owe your ex for back child support or alimony expenses, or if you're still considered legally married.


What deductions should you claim on your taxes?

When filing your taxes, you should claim deductions that you are eligible for, such as charitable contributions, mortgage interest, medical expenses, and education expenses. These deductions can help reduce your taxable income and potentially lower the amount of taxes you owe.