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Your creditor added a negative entry (a charge-off) to your credit report and will continue to attempt to collect on the debt.

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Q: What does a charge off mean on my repo'd car?
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If you have a car that was charged off in 2004 and they didn't inform you of the charge off and now the car has been paid off did they have the right to do that without telling you?

Who payed the car off?Was the car repoed?


Can a car that is turned off charge a mobile phone?

no


Can every car charge a cell phone when is turned off?

yes


Can you sell the car after it is charge off?

If you have a clear title, then you can sell it. I don't know why a finance company would charge the car off and give you the title, but if through some miracle that did happen, then you could sell it.


If you have a charge off or write off on a car loan and the charge off is over 7 years old who owns the title to the car?

The lien holder owns the vehicle and can legally hold the title until the loan agreement is settled or paid in full.


Can you charge battery without disconnecting from car?

yes as long as the key is off


Chase bank sent you a letter stating your car was charged off and creditirs notfied. If you claim the charge off in bankruptcy can you keep the car?

You can keep 1 car and your primary residence.


Can a debt buyer collect on a two-year-old car repossession that has been charged off?

Yes. The term "charge off" does not mean the debt is not valid and subject to collection procedures, including the possibility of a lawsuit.


What does it mean when a car horn goes off while the car is switched off?

When a car horn goes off while the car is switched off, it means the horn has a bad ground.


Will your car shut off if the alternator goes out?

No, the alternator is used to charge the battery apperently.


Can you trade in a car that is listed on your credit as charge off?

yes u can my mom has before


How long will a write off effect your credit report?

I believe you mean a charge off? If this is what you mean, it will stay on your report for seven years. But, if you are interested in understanding what to do once a charge off has taken place, and it is sold to a collection agency