http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1789872#M227927 <p>Heck yea! No matter how old, if I had any account reporting that wasn't mine I would contact the police. You never know what else is lurking out there that hasn't reported yet. Three years ago is relatively recent in credit-speak.</p> Sun, 06 Jan 2013 16:03:32 GMT llecs 2013-01-06T16:03:32Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1698618#M217781 <p>So I have a charge off on TU. Reporting since 2011 for a few thousand. Sold to a JDB. I've tried disputing by writing a letter as not mine. Jack attack. I tried redisputing it with a MOV. Twice came back but they didn't respond. Any other suggestions or ideas? I'm trying the BBB now...</p> Wed, 14 Nov 2012 00:57:15 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1698618#M217781 schrute 2012-11-14T00:57:15Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1699410#M217842 <p>Is it a valid CO?</p> Wed, 14 Nov 2012 11:26:55 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1699410#M217842 hdrider07 2012-11-14T11:26:55Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1701604#M218054 <p>Sure.</p> Thu, 15 Nov 2012 10:59:20 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1701604#M218054 schrute 2012-11-15T10:59:20Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1701624#M218057 <p>Then you need to send them GW letters to get them to remove it.  I dont think contacting the BBB is a good idea because they are doing nothing wrong and will make your GW request that much harder.</p> Thu, 15 Nov 2012 12:31:19 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1701624#M218057 hdrider07 2012-11-15T12:31:19Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1701698#M218066 <p>You might be better off paying it since it's a valid debt and GW them to death later.</p> Thu, 15 Nov 2012 14:25:03 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1701698#M218066 madmann26 2012-11-15T14:25:03Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1774192#M226358 <p>TU didn't respond to my MOV within 15 days (took them like 30 days plus). Also, they never provided a name, address in the letter as required. I'm putting the pressure on them via BBB complaint. So far not much progress.</p> Sun, 30 Dec 2012 11:44:22 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1774192#M226358 schrute 2012-12-30T11:44:22Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1774254#M226371 <p>I agree with hdrider and madmann, Why would you dispute a valid debt? send a DV and if it comes back see if they can do a PFD</p> Sun, 30 Dec 2012 14:09:14 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1774254#M226371 DaBears 2012-12-30T14:09:14Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1774846#M226421 <p>I've called them and they said it is out of their hands. It sold off to a JDB and said I had to talk to them. I've gotten EQ and EX to delete it off just not TU. Since TU didn't respond to my MOV legally - breaking the FCRA - shouldn't they have to delete it?</p> Sun, 30 Dec 2012 20:48:39 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1774846#M226421 schrute 2012-12-30T20:48:39Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1775372#M226456 <p>Send copies from EX and EQ showing the removal. There should be no reason why they can't delete it. This is why I got a consumer attorney to take care of my disputes. He doesnt charge me he goes after the CA or OC!!!!</p> Mon, 31 Dec 2012 02:51:24 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1775372#M226456 DaBears 2012-12-31T02:51:24Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1775802#M226481 <p>I am assuming that your method of verification request was sent to the CRA under FCRA 611(a)(7), requesting they provide a description of the procedures used in determing the verification of a concluded dispute with them.</p><p> </p><p>Yes, they are required to provide names of those to which they forwarded the dispute, so if they failed to do so, they would be in violation of section 611(a)(7).</p><p>Violations of the FCRA are handled administratively by way of formal complaint to the FTC, or by bringing your own civil action.</p><p> </p><p>Section 611(a)(7) does not require deletion of the previously disputed information based on any such violation.  Any sanction depends upon the outcome of the admin or civil action. </p> Mon, 31 Dec 2012 10:01:42 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1775802#M226481 RobertEG 2012-12-31T10:01:42Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1776114#M226517 <p>Only the FTC can sue under Section 611. So they're not required to delete? I've coupled 623 in my complaint alleging that if they do not provide a method of verification then I regard the TL as unverified.</p> Mon, 31 Dec 2012 17:38:35 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1776114#M226517 schrute 2012-12-31T17:38:35Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1776496#M226543 <p>TU is not being cooperative. Will MOV work to get this off?</p> Mon, 31 Dec 2012 21:17:52 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1776496#M226543 schrute 2012-12-31T21:17:52Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1778538#M226715 <p>I'm going to try and push back on them.</p> Tue, 01 Jan 2013 22:04:11 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1778538#M226715 schrute 2013-01-01T22:04:11Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1784948#M227410 <p>Anyone have any luck?</p> Fri, 04 Jan 2013 06:21:56 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1784948#M227410 schrute 2013-01-04T06:21:56Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1785574#M227481 <p>Is this a valid debt that you owe?</p> Fri, 04 Jan 2013 17:15:20 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1785574#M227481 guiness56 2013-01-04T17:15:20Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1787158#M227673 <p>It's a charge off and can't be paid off, therefore no..</p> Sat, 05 Jan 2013 05:22:16 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1787158#M227673 schrute 2013-01-05T05:22:16Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1787654#M227718 <blockquote><hr>schrute wrote:<br><p>It's a charge off and can't be paid off, therefore no..</p><hr></blockquote><p>What do you mean by that?</p> Sat, 05 Jan 2013 15:06:05 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1787654#M227718 guiness56 2013-01-05T15:06:05Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1787872#M227752 <p>Just because it's a charge off doesn't mean it's not a valid debt. Charge Off means the OC wrote it off at the end of the yr for tax purposes. The debt will always still be owed to who ever picks up the debt.</p> Sat, 05 Jan 2013 16:36:30 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1787872#M227752 DaBears 2013-01-05T16:36:30Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1787876#M227753 <p>I mean, how does one pay it? Doesn't the company post the CO if they can't collect on it and sell it to a JDB?</p> Sat, 05 Jan 2013 16:36:42 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1787876#M227753 schrute 2013-01-05T16:36:42Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1787910#M227757 <p>No.  A CO is only an accounting term.  It doesn't mean the money isn't still owed.  If you owed them the money you will always owe them the money until it is paid.  Not all companies sell their COd accounts to JDB, some maintain them themselves.</p><p> </p><p>Can't collect means the borrower didn't pay,  not that it is uncollectable by any other term.</p><p> </p><p> </p><p> </p><p> </p> Sat, 05 Jan 2013 16:47:26 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/How-to-get-rid-of-charge-off-on-TU/m-p/1787910#M227757 guiness56 2013-01-05T16:47:26Z