Charged off or collections?

iVillage Member
Registered: 08-14-2006
Charged off or collections?
Mon, 09-17-2007 - 3:43pm

We got a letter today that our MBNA account is in collections. What does this mean? Charged off?? We were so close to getting help. We just got with a debt program and our payment would have started next month. So, I have to now call the debt program and cacel the MBNA, right? We have a 2 others on there with the management co. so we will still continue the help from them. Now what with collections? its for 8740$.

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