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Some Russian politicians want the debt written off completely.
That's right – all of your debt written off for free.
The banks reported $8.7 billion in debt written off through short sales.
One of the firm's agents negotiates with your creditors to have some of your debt written off and/or your monthly repayments reduced.
It removes financial barriers for anyone hoping to study, and is backed by the taxpayer with outstanding debt written off after 30 years.
An IVA will see part of the debt written off, interest frozen and payments spread out so they are more manageable.
Similar(32)
(He says he'll wear a tie when Greece gets its debts written off).
You owe less than £15,000, and so it's a way of getting all your debts written off".
However, their position was improved as they had more than £11.4m of debts written off in 2015.
In Davos, however, eurozone leaders appeared reluctant to talk about any ECB involvement in the debt write off.
No debt was written off, so the government's debt burden remained unchanged.
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