I purchased a home in 2000, because of legal issues there were some late payments, and Chase threatened foreclosure. I was able to sell the home with a short sale in 2002. However, recently I checked my credit report and it shows that Chase is still an open account and the last activity on that mortgage was in 2004. Since this is open, will that stop it from dropping off my credit report? My credit has been perfect ever since, however, I am afraid that this issue might bite me in the butt later.
