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.
Most companies that have âcharged-offâ your debt have probably tried to collect it for 6 -12 months already before charging it off. Charge-offs can stay on your credit report for seven years from the date it was charged off.Therefore, it could stay on your report for 7- 7.5 years or more! Thatâs a long time for negative information to remain on your reports.Just because it says Charge-Off does not mean the debt is forgiven by the creditor.ost companies that have âcharged-offâ your debt have probably tried to collect it for 6 -12 months already before charging it off. Charge-offs can stay on your credit report for seven years from the date it was charged off.