Account reaged?

Discussion in 'Credit Talk' started by Erica, Mar 13, 2001.

  1. Erica

    Erica Well-Known Member

    Hello All!!

    Quick Question, If the below listed account was charged off in 1998, can they still report the balance date and the status that way? It looks to me like they are reaging the debt. By the way, it was settled in 1998.

    Business Name SEARS
    Date Opened 10/1994
    Balance Date 01/2001
    Balance Amount $0
    Status Date 01/2001
    Payment Status Bad debt; placed for COLL



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