Location. Located in Williamsburg, this family-friendly hotel is 0.4 mi (0.6 km) from Water Country USA, and within 6 mi (10 km) of Busch Gardens Williamsburg and Governor's Palace. Merchants Square and Quarterpath Park are also within 6 mi (10 km).
The term âcharge offâ means that the original creditor has given up on being repaid according to the original terms of the loan. It considers the remaining balance to be bad debt, but that doesnât mean you no longer owe the amount that has not been repaid. After an account is charged off by the original lender it is usually sent to a collection agency. The collection agency will then attempt to recover the remaining amount and potentially additional interest and fees.
Paying off a charge off does not remove it from the credit report and there can be loans available to. This is a tough one. Paying off charge offs does not remove them from your credit reports. The original creditor is pretty much out of the picture at this point. And making a payment now could extend the statute of limitations by another four or five years (depending on the SOL for those debts).