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Personal loan charge off

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Guest	Posted: Sun Oct 31, 2010 4:18 pm    Post subject: Personal loan charge off Like 0 Dislike 0 What are the implications in Colorado for a charged off loan?
adonis Joined: 22 Oct 2005 Posts: 10562 Location: ALASKA 1089.18 Dollars($)	Posted: Sun Oct 31, 2010 8:10 pm    Post subject: Like 0 Dislike 0 Welcome Guest, Once the lender charges off the loan, it becomes uncollectible. It means that the lender will not collect the dues from you any further. However, you need to find out whether or not the lender has sold off the account to a collection agency. If the account has been sold off to a collection agency, then the collection agency will come after you in order to recover the dues. _________________ Procrastination is the enemy of your financial success

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