Re: HSBC Sold - Now what?
01-31-2013 01:12 PM
If the OC sold the debt, regardless of whether they charged-off the debt prior to sale, they were required upon sale of the debt to report $0 balance to the CRA.
Most likely, your CR does not show reporting of a paid status by the OC, but rather a $0 balance?
If they did update the status to paid, that was a favor, as they had no obligation to report any activity you had with another party.
Payment of the debt, even had it been to them, does not require deletion of piror reporting, such as a charge-off.
Your remaining option is to contact the OC and ask for their good-will deletion of the charge-off.