Someone owes you money and sincerely doesn't have the ability to pay back?

[King Belieal]

There are people that might be owing us money. They are not running away and are communicating well with us. But they clearly don't have the money to repay. Their condition is very terrible.

Would you write off the debts? Or would you wait for them to repay when they recover financially?

 

[eLdavis]

I might choose to write it off, this is one of the reasons i only tend to borrow out what i am okay with loosing. Then there are times where i would be patient with them.

 

[Springtime]

I won't write it off. I'll discuss with him and let him know that I'll wait until he is ready to repay me.

 

[Stardom22]

I think there is no option rather than accepting the losses for that matter. Most people have become arrogant for being unfaithful for sure.

 

[freelancermaria]

It depends on how much money they owe me. If it’s a small amount, I’ll likely just write it off. However, if it’s a significant amount of money, I will probably wait until they are able to pay me back.

 

[Suba]

Generally, personal debt is small or under $100, so the person says frankly that he cannot pay the debt, then I will sincerely write off his debt, and still communicate well, maybe even if his house is close, I will often give him food for his family.

 

[King Belieal]

As long as the person is sincere, I might just tell him to pay a very small part of the debts back and forget the rest.

 

[Min George]

If the person has a good approach and a commitment to paying, it would be easy to write off such debts.

 

[bluesky]

If that happens, I will not bother; I will just consider it a donation to charity and leave it at that.

 

[Fidelia]

That's just it. We lose money sometimes. And we can't do nothing about it. I would take that as one of those kinds of losses.

 

[Augusta]

it is to give the person more time to pay up. But if the person is not ready to pay at all then it would be a problem

 

[Trush Jodie]

Depending on the personality of the person, if he is good, I would just write off the debts for him or her.

 

[Stardom22]

For me l can say that in such kind of situations, l just forgive and forget. Hod would surely do with them accordingly for sure.

 

[Min George]

I would let go of the money the person is owing me if I am aware of any tragedy the person is going through that he Orr she can't pay me.

 

[Fidelia]

I have waived off debts for so many people who didn't have the money to pay back. It is just part of being human for me.

 

[Augusta]

No ability to pay back I will leave it till the person is able to pay back. This is why it is good to give out what you can afford to lose

 

[Trush Jodie]

When the person doesn't have the ability to pay back, there is no need to bother yourself. Even government can't get the money from that person for you.