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I agree with the less harsh answer... Things happen and I think if you are a person who can't forgive people for their bad luck then you should take a look at your own.
I think that is a pretty arrogant response. For example, someone has a good job and is a responsible person. Purchases something on credit that might take them a couple years to pay off. In the meantime, they lose their job. Are they now a thief? I don't think so. Just a thought.
AnswerBy paying it off. Debt is debt - it is something that a person owes ... it should never be forgiven as whomever incurred the debt had use of something that they never paid for or intended to pay for - that is theft, and illegal.
What else can I help you with?
Distinguish between debt forgiveness and debt retirement?
Debt retirement refers to the paying off of a debt in order to avoid future interest payments, this can only be done if the current funds available are able to clear the outstanding balance of the debt. Debt forgiveness on the other hand can be considered to be an amnesty by lending institution for countries who are heavily indebted, this is usually done to help alleviate the debt burden faced by such countries. Therefore the difference between debt retirement and debt forgiveness is that one is paid off by the country who is able to pay off the debt and the other is an amnesty given to remove the debt for countries who cannot afford to pay it off.
What are the implications of business debt forgiveness on a company's financial health and long-term sustainability?
Business debt forgiveness can have both positive and negative implications on a company's financial health and long-term sustainability. On one hand, debt forgiveness can provide immediate relief by reducing financial obligations and improving cash flow. However, it may also impact the company's creditworthiness and ability to secure future financing. Additionally, debt forgiveness could lead to tax implications and affect the company's relationships with creditors. Overall, careful consideration and strategic planning are essential to ensure that debt forgiveness positively contributes to the company's long-term viability.
What companies offer forgiveness in regards to credit card debt?
No companies were found that give forgiveness. The only things seen were places the help to consolidate debt. Some companies will lower interest rates to make payments easier, but forgiveness does not appear to be possible through any specific company or service.
What does credit debt reduction mean?
Credit debt reduction refers to the process of trying to reduce someone's debt through various means, such as renegotiating debt repayments, debt forgiveness, reduced interest rates, or eliminating late fees.
Where can one receive help for bad debt?
There are many places where one could receive help for bad debt. The best places to receive help for one's bad debt would be the government who can help one go through bankruptcy.
What does it mean when when you have a dream about Jesus giving you money?
The image of Jesus Christ represents unearned, undeserved grace and forgiveness. So this dream could express the dreamer's desire to receive unearned money, or perhaps forgiveness of some financial debt.
Distinguish between debt forgiveness and debt retirement?
Debt retirement refers to the paying off of a debt in order to avoid future interest payments, this can only be done if the current funds available are able to clear the outstanding balance of the debt. Debt forgiveness on the other hand can be considered to be an amnesty by lending institution for countries who are heavily indebted, this is usually done to help alleviate the debt burden faced by such countries. Therefore the difference between debt retirement and debt forgiveness is that one is paid off by the country who is able to pay off the debt and the other is an amnesty given to remove the debt for countries who cannot afford to pay it off.
How do jesuits receive forgiveness?
Jesuits may receive the sacrament of reconciliation from a priest.
What are the implications of business debt forgiveness on a company's financial health and long-term sustainability?
Business debt forgiveness can have both positive and negative implications on a company's financial health and long-term sustainability. On one hand, debt forgiveness can provide immediate relief by reducing financial obligations and improving cash flow. However, it may also impact the company's creditworthiness and ability to secure future financing. Additionally, debt forgiveness could lead to tax implications and affect the company's relationships with creditors. Overall, careful consideration and strategic planning are essential to ensure that debt forgiveness positively contributes to the company's long-term viability.
What is the summary of the parable of the unforgiving servant and how does it teach about the importance of forgiveness?
The parable of the unforgiving servant is about a servant who owed a large debt to his master. The master forgave the servant's debt, but the servant then refused to forgive a smaller debt owed to him by another servant. The master was angry and punished the unforgiving servant for his lack of forgiveness. This parable teaches that forgiveness is important and that we should forgive others as we have been forgiven.
What companies offer forgiveness in regards to credit card debt?
No companies were found that give forgiveness. The only things seen were places the help to consolidate debt. Some companies will lower interest rates to make payments easier, but forgiveness does not appear to be possible through any specific company or service.
What does credit debt reduction mean?
Credit debt reduction refers to the process of trying to reduce someone's debt through various means, such as renegotiating debt repayments, debt forgiveness, reduced interest rates, or eliminating late fees.
What are ways to receive forgiveness for sin other than the sacrament of reconciliation?
The only way to receive forgiveness of sin it to confess it to God and to repent from it. Read psalm 51 in the King James Version.
Where can one receive help for bad debt?
There are many places where one could receive help for bad debt. The best places to receive help for one's bad debt would be the government who can help one go through bankruptcy.
Why do catholics receive the sacraments?
As a sign of forgiveness for their sins. Other religions besides Catholicism also receive the blessed sacrament of Holy Communion.
When would one receive a debt settlement letter?
One would receive a debt settlement letter online on OVLG's website. OVLG is a company that offers free sample debt settlement and debt validation letters for creditors and credit bureaus.
Where do I apply for tax debt forgiveness?
you can check on this www.irs.gov/individuals/article/0,,id=179414,00.html
