What is a charge off and what does it mean to me?
612957
A "charge off" basically means that the company that you owe has given up on you and taken a charge on their books as a bad debt.  This way, they can report you as a loss and not have to pay taxes on money they never got.  \n\nBut that's not the end of it.  First, they may sell your debt to a collection firm or some company that will keep trying to collect from you.  They tend to be very aggressive and sometimes abusive, even disobeying the law to collect sometimes.\n\nSecond, it will most likely be reported as a "charge off" on your credit report, which is one of the worst things to have on your credit.  Normally, after 7 years, bad credit like this will "roll off" your credit report, because after 7 years of no action on your account, the information expires.  However, if you make any payments during that 7 years, the seven year period starts all over again!!!  Also, if a company really hates you, or if they think you've done it on purpose, there are ways that they can play the system, and keep your bad record alive longer.  Most times they won't do that, but you never know.  Basically, it's good to avoid a charge-off if you can, and if you plan to buy a house or anything major in the next 7 years, it will make it extremely difficult.
705943
its a payment that U set up for an amount to come out at a certian point.  I have a standing order set up for money to come out of my account each month and go into a joint account.  If you call you bank they will be able to explain in more detail.
251987
What exactly does that mean?  If we don't pay will we be reported to that collection agency and credit bureau?
808115
The uncharged gets charged.
326430
I would call SBC if I were you. I know friends who were overcharged and ended up getting a refund -- I think some companies overcharge on purpose, and then offer special discounts to customers who find out they've been overcharged -- because in the long run they make more money off of the customers who never realize they're being overcharged.
144861
Call the credit report company and they will tell you the number or address of the company in question.Also if it's on your credit report it usually tells you when they will take the charge off.
590916
More than likely, the charge sheet was generated on a computer.  The "free text" tag simply means that anything could have been typed in that field.  Sounds like whoever typed the information on the computer forgot to delete that tag in the field before printing the charge sheet.
1154101
When a creditor 'writes off' or 'charges-off' a debt it is a big negative on your credit. A 'charge-off' is an accounting function where the creditor moves the non-percorming (not paying) account off of their books and they get a tax break for the bad debt. \n\nThe negative of the charge-off will sit on your credit reports for 7-1/2 years from the date of first delinquency that immediately precedes placement for collection and/or charge-off. \n\nYour scores are going to take a serious nose-dive.\n\n**edit*** \nNO DEBT can stay on your credit reports for 10 years !! That is just WRONG information.
1024791
what type of help are you asking for? you stated that you were charged. you need a lawyer.
81472
A business write-off describes expenses to run the business, for instance, in my business I use a cell phone.  I write off the total costs of the cell phone and the service fees.  Basically, the write off is the amount it cost me to earn money.. I take the money I earn, minus my expenses, to determine profit (or loss).  I pay taxes on the profit only (after all expenses have been subtracted.)  I hope this helps you.  So, a write-off is money you did not earn, but paid out instead.
263343
She's turning it off because you don't work for her anymore, I assume since she got you the phone you also used it for work purposes.  She is under no obligation to keep the phone service in her name since you aren't working for her (she doesn't know if you are working or how much you make). Why should she keep it in her name, stop being a deadbeat and put it in your name.  Yes you should pay the disconnect charge, believe me if she sues you she'll win.
168178
NOTHING HAPPENS... ALL YOU DO IS PAY A LATE CHARGE..\nWICH RUNS FROM 100 TO 200 DOLLARS
197844
I protested a bill once, and the credit card company took the charges right off.
350470
Well all of you information will be on your credit report for 7 years.  Charged off accounts impact your account negatively, only when they are paid in full will they bring your score back up.  If it is not listed on your credit report DO NOT worry about it, if you are only worried about your credit score.  Looking at your scenario, it looks like your credit is in the high 500's, low 600's.  I would suggest keep making payments on time, do not close out any accounts that are currently paid to date, and if you have any more questions contact me... :)\n\ngood luck.
45296
First, it's "..overcharged THEIR customers. Will THERE be a refund?"\n\nThere's no indication that there will be any refunds forthcoming.
446449
Ok.  When a credit card or whatever charges off your account, it is usually sold to a collection agency.  You will now have 2 reports for the same thing on your credit.  This is ok.  If you have 3, you should contact the credit agency.\n\nYou have 7 years FROM THE LAST PAYMENT MADE before it falls off of your credit.  If it's been a year since your last payment, you have 6 years left, even if it was just charged off this month.  If you have no intention on paying, do not contact the collection agency, it could restart your 7 years.
53945
Do you mean refund?  Please explain.