Yes. Charging off a debt in no way removes your obligation to pay. The charge off is simply a matter of taxes and losses for the creditor.
This bank account at TCF bank had been closed for over six months.Now we are being charged for over draft protection.It looks like a annual fee thay are charging on a closed account.How can a bank charge on a closed account and then charge for insufficient funds.
If they have reason to believe the account was reported or disputed fraudulently or that new information has been discovered, they can investigate further.
If a credit card account has an outstanding balance that is defaulted on, the account will not be closed. The account will be charged to profit and loss, or sent/sold/assigned to collections, either internal or external.
Lawyers could be an option with tax settlement, especially ones that are experts in tax/financial matters. If you have already been charged and requires to pay off tax debt, there may also be firms that can reduce your debts via negotiations with your tax agency.
Charged off is a shortened version of "charged off to profit and loss". This is an accounting term which describes actions taken by creditors to avoid showing loss (red ink) on their books. For a consumer, charge off is the same as a collection account. It is a defaulted debt that remains owing until paid in full, at which time it is called a paid charge off.
False
Settlement usually occurs when the account is past due and has been closed. You can either try to settle with the credit card company, or the debt collector that the credit company sold the account to.
A California DUI lawyer would be able to help an individual who has: 1. Been criminally charged with Driving Under the Influence. 2. Such person has been charged in the state of California.
irrigation systems
No you have not
45
I have not ordered any item of this charge.
The collection company has probably charged interest sincethe day they received the account. The interest rate can differ from state to state on a charged off account. So yes, they can but that amount is not just for two months. You need to ask for a total breakdown on the account and see if the interest charged is correct.
This bank account at TCF bank had been closed for over six months.Now we are being charged for over draft protection.It looks like a annual fee thay are charging on a closed account.How can a bank charge on a closed account and then charge for insufficient funds.
Yes, a "charge off" does not indicate that the debt is no longer valid. The creditor has several options on how to collect monies owed after the account has been charged off.
Typically no, once your account gets to the point of charged off, it has been overdrawn for roughly 45 days (give or take). Your name and SSN then get reported to ChexSystems which then notifies every bank of your charged off account. Not many banks want to risk losing their money to you if you've already lost money for another bank. Your best chance to get an account is to go back to the bank your account was charged off, explain what happened, and hope for the best. And next time balance your checkbook... daily.
If they have reason to believe the account was reported or disputed fraudulently or that new information has been discovered, they can investigate further.