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OC changing reporting status after DV?

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Get this....after threatening to suit and original creditor to validate the debt ( which they have yet to do since they sold the debt to Sherman Acquisition), they decided to remove ALL derogatory negative reported info. Which sounds great but now instead of the account being CHARGED-OFF a balance still exists although the account is still closed. Financially, I still can't pay off the debt any time soon. Anyone have any suggestions?

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