Clients who are preparing to file bankruptcy often tell me that many of there debts are "charged off", thinking that they don't owe them any more, and ask me if they still need to file bankruptcy. Let's take a look at that.
My credit card company "wrote off" my debt. Can I stop worrying about it?
That's a common question that people ask me when they contact me to discuss bankruptcy. The short answer is "No". We'll look at why that is so in this article. (more…)