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Advanced Credit Repair - Dealing with Collection Agencies Discuss Original TL deletion in the CREDIT AND LEGAL ISSUES forums; When a CA or a JDB such as LVNV purchases a chargeoff and posts their TL to the CRAs, isn't the old original TL supposed to come off?...
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Old 08-21-2007, 11:39 AM   #1
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Original TL deletion

When a CA or a JDB such as LVNV purchases a chargeoff and posts their TL to the CRAs, isn't the old original TL supposed to come off?
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Old 08-21-2007, 11:55 AM   #2
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Quote:
Originally Posted by neil5623 View Post
When a CA or a JDB such as LVNV purchases a chargeoff and posts their TL to the CRAs, isn't the old original TL supposed to come off?
No such requirement. The OC entry does, however, need to reflect the zero balance and that the account has been sold or transferred.
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