The supporting cast includes Sean Young as ill-tempered Lois Einhorn, Udo Kier as the sinister Ronald Camp, and rapper Tone Loc as Ace's detective pal Emilio (Loc also wrote and performed a song for the closing credits). ~ Mark Deming, Rovi.
A charge off account is a tax and accounting maneuver done by a creditor. It means that they are reporting the debt as a loss on their income taxes so that they may claim it as a deduction from their income. A charged off debt does not mean that the creditor can't try to collect the debt in the future.
What does charged off mean on your credit report? The jargon used in credit reporting can be difficult. Bankrate.com explains the term charged off and what you can do about it.