Charge off acounts. When do they come of credit reports.

----- Original Message -----
From: REAL PERSON
To: majors@oskie.com
Sent: Wednesday, May 25, 2005 10:28 AM
Subject: charge off account
Hello. My question is if an account is in the “charge off” status, will it be removed in 7 years even if the balance is not paid off

Yes it will. Sort of like the statute of limitations. The thing to look for is when was the last activity date on the account. 7 years start from date of last activity.
Good Luck

Bobo Majors
931-455-6066 Work Russell Barnett KIA