I checked my "free" credit reports last night. My husband has been out of the home, under a domestic violence order, for 21 months. He has left no forwarding address and paid none of his bills. I saw on my report, one of my spouse's charge cards, and the report stated this CC had been charged off/bad debt. Exactly what does that mean?
SO even though, one may have a large income, if one is slippery enough and can hide out long enough, one can just get rid of his dept this way, and leave the damage on well..."My" credit....The card wasn't in my name.