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So if an OC charges off.......


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I just checked all 3 of my credit reports. The one negative TL I have is my MBNA account which has charged off. I noticed the following explainations listed for each CRA on my TC Report:

TU: Charged off as bad debt

Profit & Loss write Off

EXP: Unpaid balance reported as a loss by the credit grantor

EQU: Charged Off Account

My question is this: If they have now written my debt off as a loss why is an attorney representing them still able to attempt collection? I understand if a Junk Collector buys it and it is now their account they can collect but if their attorney collects money from me on a debt they have claimed as a loss aren't they double dipping?

Maybe a dumb question - just something that crossed my mind.

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