http://www.goinglegal.com en-us editorial@goinglegal.com Charge-Off Action of transferring accounts deemed uncollectible to a category such as bad debt or loss. Collectors will usually continue to solicit payments, but the accounts are no longer considered part of a company's receivable or profit pict... http://www.goinglegal.com/article_28876_18.html 14th February 2006