"Uncollectible" Example Sentences
1. The debt was deemed uncollectible after numerous attempts to recover it.
2. The company wrote off the uncollectible accounts receivable.
3. The uncollectible debt resulted in significant losses for the business.
4. The uncollectible funds were due to a lack of payment from the customer.
5. The bank categorized the loan as uncollectible due to the borrower's default.
6. The uncollectible taxes created a hole in the city's budget.
7. The credit card company declared the outstanding balance as uncollectible.
8. The uncollectible funds could not be recovered despite legal action.
9. The financial institution marked the loan as uncollectible due to the debtor's bankruptcy.
10. The uncollectible account was eventually closed by the company.
11. A portion of the arrears was written off as uncollectible.
12. The uncollectible debt was a result of the customer's insolvency.
13. The debtor's death was a factor in the loan becoming uncollectible.
14. The uncollectible receivables were a burden on the company's finances.
15. The bank's annual report reflected the rise in uncollectible loans.
16. The uncollectible medical expenses were a burden on the patient's finances.
17. The company's uncollectible accounts were a cause for concern for shareholders.
18. The uncollectible debt was written off as bad debt by the accounting department.
19. The financial institution's uncollectible loans averaged at around 5%.
20. The company's uncollectible debts resulted in a review of their credit policies.
21. The customer's refusal to pay made the debt uncollectible.
22. The uncollectible debt was a result of the customer's relocation.
23. The lender's collection efforts were exhausted, making the loan uncollectible.
24. The uncollectible funds were a result of the customer's fraud.
25. The bank had to make provisions for uncollectible loans in their financial statements.
26. The uncollectible receivables resulted in a decline in the company's cash flow.
27. The company's management team had to come up with a strategy to deal with their uncollectible accounts.
28. The customer's financial troubles made the outstanding balance uncollectible.
29. The financial institution had to make a provision for the uncollectible debt in their balance sheet.
30. The company's uncollectible accounts created a ripple effect on their suppliers and creditors.
Common Phases
1. The debt was deemed
uncollectible;
2. The
uncollectible accounts were written off;
3. The company recognized a loss for the
uncollectible amounts;
4. The
uncollectible debt was moved to a bad debt expense account;
5. The
uncollectible loans were charged off as a loss;
6. The
uncollectible receivables were outstanding for too long;
7. The
uncollectible balances were referred to a collection agency;
8. The
uncollectible items were classified as non-performing assets.