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Re: Reporting time limits for charge-offs


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Posted by Why Chat (209.240.222.130) on August 10, 2002 at 14:29:58:

In Reply to: Reporting time limits for charge-offs posted by poor lawyer on August 10, 2002 at 13:47:44:


If an account was charged off by the OC after Dec. 1997 they are required by the FCRA to report the first date of deliquency that led to that chargeoff.
If it was charged off prior to Dec. 1997, then the 7 year reporting SOL starts at that chargeoff date.


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