If an item has been charged off by a company, should it still show a balance due? Also for items that were transferred or sold, should they show a current status of late for any period of time? I am thinking 0 balance should be the case for charge offs and no late status for the transferred or sold... dont know though... Anyone happen to know? Thanks! Parul
Yes, it will still show the balance. This money is still owed on the account even though it has been charged off. Not to sure about the transferred or sold, I imagine it depends when it was last updated? S313