money and financial problems

A workout is a mutual agreement negotiated between a debtor and creditor to manage and resolve a debt without resorting to formal bankruptcy proceedings.

A writ of garnishment is a court order that compels the seizure or attachment of a defendant's property, or that of a judgment debtor that is in the possession or control of property.

A write-off is an accounting action that removes an asset from the books, typically as a loss or expense, when it is deemed uncollectible or obsolete.