Paid Charge Off/ Dispute/ Re-Aging Dilemma

[ScarletFever]

I have a paid charge-off-originally a CC from HSBC-that was paid on 11/06 to Pressler & Pressler. In Feb 06, the account was picked up by Collect America from HSBC, never validating my dispute, selling it to Pressler and Pressler instead. The dilemma is, CR is reporting the item as a charge-off as of 10/2006, when the account wasn't with the OC-HSBC-any longer. Looks like Pressler reported it as a recent charge-off. Last year, I faxed EQ disputes, MOV letters, and ITS letters, no response. So, I re-disputed online last week, and received a letter from HSBC today. The letter says that  they have received many disputes in regard to the account, have investigated and are reporting to all three as ACCOUNT SOLD TO COLLECT AMERICA. I haven't checked my report because I wanted to wait until the dispute concluded, but I think it was only on EQ and EX before the dispute. Nonetheless, HSBC say to contact Collect America, and gave the tel #. They also say if I still wish to dispute, call HSBC and leave a message, or submit a written request. BTW, DOFD from a report pulled in 2009 says 3/2003-account opened in 2000. If the agencies reported DOFD, it would be due to fall off in Nov, correct? But it's not being reported that way..what to do next? Wait for dispute to end, or make call to HSBC? What if the item was entered onto TU-my best score? Thanks for any help...

[ScarletFever]

BTW, online dispute has a DOFD of 03/2006; which is completely wrong because HSBC did not own the debt, and a prior report from last year has 03/2003 as the DOFD.

[JoeBJay20]

Did you DV Pressler and Pressler?

[Anonymous]

Do you have the proof it was paid to Pressler and Pressler?

[ScarletFever]

Did not dispute Pressler; they aren't listed on CR....

[ScarletFever]

Yes..have proof debt was paid to Pressler...

[Anonymous]

I would call the OC and ask them what they are showing as the DoFD.

I would also send copies of the previous CR showing the DoFD and proof of payment to Pressler and Pressler. 

[ScarletFever]

Thanks Guinness..what am I looking to obtain from OC? Currently, there is no payment history, just benign info like date open, date reported, highest balance, date of last payment, 0 balance, customer disputes after resolution...charged off account..

[ScarletFever]

Does Guiness or anyone else have ideas or strategies? Do I ask OC to insert DOFD of 10/2003 so it falls off in Oct? Do I ask for a complete delete now? Do I contact Pressler and ask them to remove the illegals DOFD? Or do I wait for the dispute to run it's course and then move onto MOV? Any and all ideas are appreciated...

[Anonymous]

You need to get the DoFD from the OC.  It can never change.  From what you have posted, it should have been in 03 and Pressler and Pressler is listing it as 06.  This is very illegal.

By getting the DoFD from the OC, (for verification), copies of old CR showing the DoFD as 03 and your payment information, you can send all of this to who is reporting the account inaccurately.  In this instance, I would give them 15 days to make a correction or you will sue them.