How To Write-Off Debt

To write-off debt:

Warning:

You don't have to do the tasks outlined below if you use the Write Off - Main page. This page does these tasks for you.

Create a write-off service agreement using the Start Service page (you could also use the Service Agreement page to do this).
Use the Transfer Adjustment process to transfer the delinquent debt to the to the write-off service agreement. The original service agreement is the transfer from service agreement; the write-off service agreement is the transfer to service agreement. The adjustment amount should be a negative number. Refer to Transfer Adjustments for more information.

Warning:

Take care if you transfer debt from a service agreement that's on a budget. Before doing the transfer, you should make the service agreement's current balance equal their payoff balance.