It's not unusual for borrowers to experience a financial rough patch, especially in today's economic landscape, whether the issue stems from a job loss, a medical emergency or rising costs that make it difficult to keep up with minimum payments. But as the balances grow and missed payments stack up, what starts as a few late fees can quickly turn into something far more serious: a charged-off account . A charge-off may sound like it signals the end of your financial woes, but it is actually one