I think the most common goal for most people I work with is home ownership, This is usually when most people become conscious of their financial habits and are eager to get it together. If you're suffering from credit challenges then I recommend 24 months of preparation. Here's what to do:
There seems to be a little confusion when it comes to handling accounts that have been written off by a creditor. I can see why it's easy to mix up 'Written Off' and 'Charged Off' so let me clarify.
Written off accounts basically mean you've neglected to take care of a debt. The creditor realizes that they have little to no chance of collecting so they adjust their accounting records to signify this loss.