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Write Off Part Of The Debt. Lose Part Of The Credit Score. Creditor Writes Off A Portion Of A Debt. Provide Temporary Relief

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Write off part of the debt. Lose part of the credit score. Creditor writes off a portion of a debt. Provide temporary relief

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write debt cuts sale relief pay loan reduction tax percentage banking bankrupt bankruptcy business company cost credit utilization worthiness burden deposit discounts economy finance financial interest rate investment payment plan payments problem reduce refinancing report restructuring simplification situation outstanding debtor creditor repayment accounting legal score borrowing opportunities rates decisions temporary decreased resolution

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