Question on charge-off reporting

I have a credit card that was charged off prior to me filing Bankruptcy. they sold it to a collection agency. The current status shows-Charge Off. Do they have to take off the The charge off status or do they have the right to keep it as is.

I have a credit card that was charged off prior to me filing Bankruptcy. they sold it to a collection agency. The current status shows-Charge Off. Do they have to take off the The charge off status or do they have the right to keep it as is. Since the charge-off happened before you filed, the original creditor can keep the account listed as a charge-off because it's accurate.

Thanks so much for the info...This forum is very helpful.

They can keep it as a charge off. But, they must report a 0 balance in the tradeline.

I talked to Equifax last night and I have included in bankruptcy on some of my creditors but showing a blank on the balance due..She said if it's blank it's considered zero balance...Any truth to this? Or does it have to have the actual # 0 where the balance is?

Don't worry about what is on your report - charge-off or bankruptcy. The comment "bankruptcy' stays on the report for 10 years, other negative comments come off after 7 years.