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Carlene122

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Company charged off account sent it to collection now both have open status
Can the collection remove closed accounts and then reopen them after 6 years

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Can a collection company after 6 years Chang a closed account to open

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Disputed collection account

The collection account has been closed 4 years they removed it then put it back on my report as open is this legal

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Carlene122

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Both the original account and a collection account can remain on your reports for seven years from the time that the original account became delinquent. If the original company sold the debt to a collection company then the original account should be marked as closed with a zero balance. If both accounts are reporting a balance then you can dispute the amount on the original account. I strongly suggest that you do some thorough reading about credit before filing any disputes or taking any other action with your credit. Some hours of reading now will be better than years of regret later.

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