If a Creditor Was Charged Off, Do I Still Need To List Them?

1 minute read • Upsolve is a nonprofit that helps you get out of debt with education and free debt relief tools, like our bankruptcy filing tool. Think TurboTax for bankruptcy. Get free education, customer support, and community. Featured in Forbes 4x and funded by institutions like Harvard University so we'll never ask you for a credit card. Explore our free tool

In a Nutshell

Just because a creditor has charged off a debt doesn't mean that you don’t owe it anymore. That's why you'll still need to list the creditor on your bankruptcy forms. Having a debt charged off only means that the creditor has decided the debt is uncollectible for accounting purposes.

Written by Kristin Turner, Harvard Law Grad.
Updated April 19, 2022

Yes, you need to list every creditor, including creditors that have charged off a debt. When a debt is charged off it doesn't mean that you don’t owe it anymore. It only means that the creditor has decided the debt is uncollectible for accounting purposes.

↑ Back to topShare Article [⬈]

Written By:

Kristin Turner, Harvard Law Grad

Kristin is a recipient of Harvard Law School’s Public Welfare Foundation A2J Tech Fellowship. At Harvard Law, she served as a member of the Harvard Defenders, the Women’s Law Association, and the Harvard Law Negotiation Review. She was the 2016 – 2017 president of the Harvard Bla... read more about Kristin Turner, Harvard Law Grad

Read About the Upsolve Team

If a Creditor Was Charged Off, Do I Still Need To List Them?

Considering Bankruptcy?

Private Attorney

Learning Center