References in classic literature ?
And are enemies also to receive what we owe to them?
I mean no more than that I partly owe to you my existence during great part of the time which I have employed in composing it: another matter which it may be necessary to remind you of; since there are certain actions of which you are apt to be extremely forgetful; but of these I hope I shall always have a better memory than yourself.
A charge-off enables the firm that you owe to get a tax break by claiming a loss; it doesn't exonerate you from the debt.