I have some bad debts that were charged off back in '96 and '97. Some say zero balance, some say I still owe a balance. I was able to get the collection accounts removed from my reports but my original creditors are coming back as verified. My questions are: 1) If a creditor reports a zero balance on a charged off account will the lender require me to track down and pay the collection agency? 2) If an acct shows charged off and sold but still reflects a balance (can they do that?) will the lender require that I pay the balance even though they no longer own the account? In other words; Do lenders require that a charged off account show "paid" when the account is reporting a zero balance?