Question about delinquency and charge off

[Anonymous]

so i asked something similar in a nother thread.  old note, last activity was 1999, i assumed this matter was done because i never heard from it again, but now i see there is a charge off on my CR from 2008.  i have no judgements on my CR.  should this still be showing up on my report since it is from 1999?  could they have waited 9 years to charge it off?  i thought that had to happen within months of the delinquency, for accounting purposes.

Please refrain from making duplicate threads,it only confuses everyone. 

Instead just reply to your thread, with a post that says "Bump".
Thank You,LIGHTNIN, myFICO-moderator

I'm merging both of your threads here. In hopes of, getting answers to all your questions. Todays thread followed by yesterday thread those replies.

[Anonymous]

Long story short, bad debt from 13+ years ago, charged off 5 years ago, on one CR but not another.  Has anyone had success with getting charged off debt pulled from a CR, either through settlement or paid in full?  By initiating that process, will the counter get reset and is there a chance it gets reported to the other agencies?

[guiness56]

Nothing can make it report any longer.  Yes, there is a chance that if you negotiate a settlement for deletion and they don't accept it will start reporting on the other CRAs.

Who is reporting the OC or a CA?  Or both?

[Anonymous]

OC

[guiness56]

Being that old, though it does impact your score, it isn't as severe.

You can always call them and even see if they would be open to a PFD without actually offering one.  Feel them out so to speak.

[RobertEG]

Is the charge-off still showing, or only a debt balance?

If the debt became delinquent 13 years ago, how is the CO still being shown in the CR?

[Anonymous]

date of last activity on account is in 1999, but it wasnt reported closed/charged off until 2008, i assumed that they just hold onto that charge off for longer to continue negatively affecting credit reports?

[LIGHTNIN]

    Can you copy and paste, how the CO (charge off) is reporting here?

[Anonymous]

edited

[guiness56]

It looks like they waited 9 years to close the account.  Other than that there isn't much information to go by here.