Helping through the Mad Mortgage Process

Charge-offs, how do I delete

Creditors typically write-off or charge-off debts that have had no payments on the account for more than 180 days, or six months. However, this does not mean the consumer is no longer responsible or accountable to the unpaid balance. A charge-off is an accounting procedure used for tax purposes by the creditor to report losses [...]

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How to Delete Charge-offs

How to: Delete Charge Offs
Creditors typically write-off or charge-off debts that have had no payments on the account for more than 180 days, or six months. However, this does not mean the consumer is no longer responsible or accountable to the unpaid balance. A charge-off is an accounting procedure used for tax purposes by the [...]

Read more »