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Charge-offs, how do I delete

Written by admin on December 22, 2008 - View Comments
business

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

Written by mmmdave on December 21, 2008 - View Comments
business, mortgage

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 [...]

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