I have a charge off recorded by all the CRAs by Bank of America which has been recorded as such. The account has been purchased and passed from CA to CA. I tried to take one of the CAs to court using the FDCPA, but they aren't actually reporting any negative trade line items on my report... the OC, Bank of America is. So I wrote a validation letter to Bank of America and they told me that - the account has been sold, and they'll notify the CRAs (that's already noted on by the CRAs) - that I need to contact the CRAs for any further information. But wait, if the OC is still reporting the account as "charged off", don't they have an obligation to VALIDATE the account if they're going to keep the listing on my credit report? Otherwise, aren't they in violation of the FCRA? A lot of you are veterans on this matter and I know you can point me in the right direction. Thanks for this board and everything you all do to contribute to it.
