Never Worry About Bad Business Debt Losses Again with This Unique New
taking advantage of an amazing and unique new business tool. Any
Business or individual can write off the full amount of capital losses
from bad debt by donating them to charity. You will no longer be wasting
your time with retainers, court costs, filing fees or attorneys.
Los Angeles, CA
December 4, 2006 – Did you ever think that maybe there is a better way
to collect on your delinquent accounts or any other kind of debt for
that matter. Well there is. You can write off 100% of your bad business
debt and uncollected judgments as a charitable donation. So why only get
a fraction of what you are due by declaring it as a capital loss?
reality of bad business debt does not have to be a big problem for
businesses and individuals. You work hard for your money and debt
reduces your bottom line. You no longer have to rush out to hire the
services of a lawyer to write a demand letter that informs the buyer of
their default and gives them time to make good, or not. When the demand
letter does not work a lawsuit is then called for. The entire
collections process turns out to be lengthy and expensive.
Current tax law
only allows you to deduct a small fraction of the real losses incurred
when you declare the bad business debt as a loss.. Not only are you
losing money by declaring bad debt as a loss but you are also taking a
risk that may result in unintended consequences including:
get your delinquent accounts receivable back from the collection agency
lose in a litigation involving the bad debt.
debtor filing for bankruptcy and the bankruptcy court has determined
that you would get little or nothing on the bad debt.
Attorney's Office deciding that it would not be productive to sue a
Donations of any bad
business debt are acceptable including medical debt, commercial debt,
judgments, past due accounts, legal debts, and retail debt to name the
The donation procedure is quick, simple and hassle
free. Many doctors, lawyers, small and large corporations and
individuals have already taken advantage of this unique way to ensure
they receive 100% of the value of the debt owed to them.
Collections with Causes, part of the “With
Causes” charitable organization, is currently the only charity that
offers this amazing and unique business tool to deal with the reality of
bad business debt. Collections with Causes will accept businesses’
delinquent receivables, judgments, and collections of any size as a
meaningful donation to a highly effective charitable intermediary that
will turn a businesses’ loss into everyone’s gain. They are set up to
resolve businesses’ bad debt problems quickly and without any further
This is a
win-win-win situation, the organization making the donation wins,
Collections with Causes wins, and the charities and individuals
supported win”, said C.L. Arballo, spokesperson for Collections with
Causes. Organizations donating their outstanding receivables to
Collections with Causes can write off the full amount of their bad
business debt and increase their tax benefit without depleting their
financial resources trying to collect on the delinquent accounts.
No expenses associated with the collections process
(retainers, court costs, filing fees, Attorneys) are incurred.
Causes handles everything. Simply call them toll free (888) 288-7320 any
day of the week or go to the
Collections with Causes website and fill out their online form. A
representative from Collections with Causes will then contact and
instruct you on the next step.
A Quick Summary of
the Benefits of Donating Bad Business Debt:
benefits of giving outweigh the benefits of a traditional capital loss
You are eligible for
a full tax deduction.
associated with the collections process (retainers, court costs, filing
donation procedure is quick, simple and hassle free (Collections
with Causes handles everything for you)
with Causes Charity Organization:
Collections with Causes utilizes business’ bad debt collections
donations to further their charity programs, benefit those in need and
nurture our communities.
Collections with Causes is part of the highly effective “With
Causes” charity. They are setup to handle
any kind of donation including:
Collections Boat Donations
and the ability to
donate real estate.
Collections with Causes
Toll Free: 888-228-7320