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Discover LudwigThe phrase "bad assets" is correct and can be used in written English.
It is typically used in financial or business contexts to refer to assets that are performing poorly or have a low value. Example: The company's poor management decisions led to a large amount of bad assets on their balance sheet, causing their stock to plummet.
Exact(59)
For Bernanke and Geithner, there are no bad assets.
Banks were awash with bad assets when gold convertibility was suspended in December 1929.
Many of the bad assets lie with them, experts believe.
"This will entail write-downs of bad assets, thus imposing losses on banks' stakeholders".
Banks have already set aside provisions covering a third of these bad assets.
Banks have been unwilling to sell bad assets and take a loss.
AMERICA'S government is a willing buyer of bad assets, but are its banks willing sellers?
Another option was to remove the bad assets from balance sheets.
Plans are afoot to create an asset-management company to absorb wounded banks' bad assets.
One possible weakness is its failure to buy bad assets from the banks.
On top of that, write-downs on bad assets were largely negligible.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com