cancel a debt

简明释义

销帐

英英释义

例句

1.The charity organization aims to cancel a debt for families in need during the holiday season.

该慈善组织旨在在假期期间为有需要的家庭取消债务。

2.After negotiating with the creditor, she was able to cancel a debt that had been weighing her down.

在与债权人谈判后，她成功地取消了一笔债务，这让她感到轻松。

3.The government announced a new program to cancel a debt for students who work in public service.

政府宣布了一项新计划，为在公共服务部门工作的学生取消债务。

4.He was relieved when the court ruled to cancel a debt he had inherited.

当法院裁定取消他继承的债务时，他感到松了一口气。

5.The bank decided to cancel a debt due to the borrower's financial hardship.

由于借款人面临财务困境，银行决定取消一笔债务。

作文

In today's world, financial issues often dominate our lives, and the concept of debt has become increasingly common. Many individuals find themselves in situations where they owe money to creditors, whether due to student loans, credit card balances, or personal loans. One term that frequently arises in discussions about financial relief is the phrase cancel a debt, which refers to the act of forgiving or eliminating the obligation to repay borrowed money. Understanding this concept is crucial for those seeking financial stability and peace of mind.When someone talks about canceling a debt, it typically implies that a lender has decided to forgo the repayment of a certain amount of money owed by a borrower. This can happen for various reasons, including the borrower’s inability to pay due to financial hardship or as part of a negotiated settlement. For example, during economic downturns, many companies and individuals may struggle to meet their financial obligations, prompting lenders to consider options that include canceling debts to help borrowers regain their footing.The implications of canceling a debt can be significant for both parties involved. For the borrower, having a debt canceled can provide immediate relief and allow them to redirect their financial resources towards essential living expenses. It can also improve their credit score if the debt was negatively impacting their credit report. On the other hand, for the lender, canceling a debt can mean taking a loss on their investment, but it may also prevent further losses associated with pursuing collections or dealing with bankruptcy proceedings.There are various scenarios in which debts can be canceled. For instance, some government programs offer student loan forgiveness after a borrower has made a certain number of payments or worked in specific public service roles. Similarly, credit card companies may agree to cancel debts as part of a debt settlement negotiation, where the borrower pays a lump sum that is less than the total owed. These arrangements can be beneficial for both parties, allowing borrowers to move forward financially while enabling lenders to recover at least a portion of what they are owed.However, it is essential to understand that canceling a debt does not come without consequences. Borrowers should be aware that forgiven debts may be considered taxable income by the Internal Revenue Service (IRS) in the United States, meaning they could face tax liabilities in the year the debt is canceled. This aspect often catches borrowers off guard, highlighting the importance of consulting with a tax professional before entering into any agreements to forgive debt.Moreover, while canceling debts can provide immediate relief, it is crucial for individuals to address the root causes of their financial difficulties. Simply relying on debt cancellation without making changes to spending habits or budgeting practices may lead to future financial problems. Education on financial literacy and responsible money management is essential to ensure that individuals do not find themselves in similar situations again.In conclusion, the phrase cancel a debt encapsulates a significant financial concept that can offer relief to those struggling with obligations. Whether through government programs, negotiations with creditors, or other means, understanding how debt cancellation works can empower individuals to take control of their financial futures. However, it is equally important to recognize the potential tax implications and to commit to better financial practices moving forward. Ultimately, knowledge and proactive measures are key to achieving lasting financial health and security.

在当今世界，财务问题常常主导我们的生活，而债务的概念变得越来越普遍。许多人发现自己处于欠款的境地，无论是由于学生贷款、信用卡余额还是个人贷款。在关于财务救济的讨论中，一个经常出现的术语是取消债务，它指的是宽恕或消除偿还借款的义务。理解这个概念对那些寻求财务稳定和内心平静的人来说至关重要。当有人谈论取消债务时，这通常意味着贷方决定放弃借款人所欠的某一金额的偿还。这可能出于各种原因，包括借款人因经济困难而无法偿还，或作为谈判和解的一部分。例如，在经济低迷期间，许多公司和个人可能会努力满足他们的财务义务，这促使贷方考虑包括取消债务在内的选项，以帮助借款人恢复生机。取消债务的影响对双方都有重大意义。对于借款人来说，债务被取消可以提供即时的救济，使他们能够将财务资源重新分配到基本生活开支上。如果债务对他们的信用报告产生了负面影响，这也可以改善他们的信用评分。另一方面，对于贷方来说，取消债务可能意味着在投资上遭受损失，但这也可能防止进一步因追讨欠款或处理破产程序而导致的损失。债务被取消的场景有多种。例如，一些政府项目在借款人支付了一定数量的款项或在特定公共服务角色工作后，提供学生贷款宽恕。同样，信用卡公司可能同意作为债务和解谈判的一部分，取消债务，其中借款人支付的总额低于所欠的总额。这些安排对双方都是有利的，使借款人能够在财务上向前发展，同时使贷方能够收回至少部分欠款。然而，必须理解的是，取消债务并不是没有后果的。借款人应意识到，被宽恕的债务可能被美国国税局（IRS）视为应税收入，这意味着他们可能在债务被取消的年份面临税务责任。这一方面常常让借款人感到意外，突显了在进入任何债务宽恕协议之前咨询税务专业人士的重要性。此外，虽然取消债务可以提供即时的救济，但个人也必须解决财务困难的根本原因。仅仅依赖债务取消而不改变消费习惯或预算做法可能会导致未来的财务问题。对于财务知识和负责任的资金管理的教育至关重要，以确保个人不会再次陷入类似的境地。总之，短语取消债务概括了一个重要的财务概念，可以为那些在义务中挣扎的人提供救济。无论是通过政府项目、与贷方的谈判还是其他方式，了解债务取消的运作方式可以使个人掌控自己的财务未来。然而，同样重要的是要认识到潜在的税务影响，并致力于今后的更好财务实践。最终，知识和主动措施是实现持久财务健康和安全的关键。