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Re: Charge Off


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Posted by observer (64.12.96.205) on July 13, 2003 at 20:26:04:

In Reply to: Charge Off posted by JKD on July 13, 2003 at 19:32:26:

Show the mortgage broker the bk filing matrix where those 2 creditors are listed. Also, dispute the trade ine with the CRA's as out of date. Chargeoffs should fall off automatically after 7 years.
A chargeoff is an accounting term where the account is charged to p/l after 180 days of nonpayment.


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