Thursday, April 12, 2012
Debt Relief - What Happens After A Debt Is Charged Off?
More and more people turn to the Internet to find a solution to debt relief. Often they have discovered -- after checking their credit report following getting turned down for a loan -- that there has been a charge off in their own credit history. They discover that this derogatory mark has led to a whole host of financial roadblocks preventing them from buying on credit what they want to own right now. Fixing a bruised credit report when it's in this condition is possible -- but it will require commitment, persistence, and patience as one learns to write letters to fix a credit report. To start, we'll explore exactly what happens after debts have been charged off by a creditor.
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