http://upside-down-mortgage.com/mortgage-problems/what-is-a-mortgage-charge-off Upside-down on your Mortgage? Welcome to the Majority! Sat, 10 Apr 2010 20:53:23 -0500 http://wordpress.org/?v=2.9.2 hourly 1 http://upside-down-mortgage.com/mortgage-problems/what-is-a-mortgage-charge-off#comment-1793 dark eyes Tue, 11 Aug 2009 14:55:00 +0000 http://upside-down-mortgage.com/?p=735#comment-1793 Usually a charge off is a loss that the financial company takes when turning your account over to collections. That means that your mortgage company will only receive money on that charge off if the collection company gets any money from you. Usually a charge off is a loss that the financial company takes when turning your account over to collections. That means that your mortgage company will only receive money on that charge off if the collection company gets any money from you.

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