Comment by kjs3

That would potentially make this situation much, much worse (in the US tax system...YMMV). If Netfly forgives a business debt and reports it to the IRS as uncollectable so they can write it off, the IRS can consider all or part of the forgiven debt as income to the person who is forgiven (there are lots of details, IANATA/IANYTA, YMMV). I don't want a blindside 100k bill from my hobby site, but I sure as phuck don't want the IRS thinking I made an extra 100k of taxable income. I might be able to shame Netlify into forgetting about it, but the IRS is not usually so easy to deal with.