There are different status codes that represent different aspects of the account. You can dispute if inaccurate, and the creditor must investigate and either verify or correct.
Deletion of the account is not a "penalty" for having an inaccuracy.
Whether a revolvng accunt remains "Open" to further use by the consumer is unrelated to whether it is delinquent or charged-off.
It is a closing of the ability of the consumer to inclur additional debt on the card, not a payment or delinquency status.
Payment and deliquency status are seprately provided for. The current account status represents the status of the account as derogatory or in good standing as of their last reporting only, and is a snapshot only as of that date. When an account becomes delinquent, open or closed, its current status reports that fact and the level of the deogatory status, such as 30/60/90/120/150+ late or CO.
If the accunt is thereafter paid back into good-standing, then the current status becomes either pays as agreed if still open, or paid if closed.
The delinquency status prior to the new current status is retained under a separate code called the Payment Rating, which would, in the case of a CO, still be retained and coded as a CO.
Creditors do not permit consumers to contnue to charge new debt on an account that is seriously delinquent and charged-off.
Chances are near 100% that the account is closed. If disputed, they will likely simply correct.
That will not alter the contnued inclusion of the unpaid debt in your % util or the derogatory status as now reported.
Yes, they could have sued if the account were still open, but I doubt that you have any use of the card.
If you submit it to a cashier, I would presume you would find definatively that it is closed.
It can be disputed, but resollution will not have an effect on credit scoring.
