Obviously if the account is closed and they are reporting incorrectly I could pursue that problem, but is it really worth the risk of re-aging? Isn't the maximum amount of 'damages' you could sue for like $1000 total? I really want to contact Discover and have them verify (in writing) whether the account is open or closed, but that makes me nervous with regards to the SOL. I don't want to rock the boat too much as to avoid re-aging this beast, but overall the information being reported is incredibly misleading and seems super shady to me. I've also tried to find a straight answer as to what the difference between a 'Status' and a 'Condition' is without succuss. I reasearched this a bit and most information says collection agencies can show a status of Open if the money is unpaid, but this balance is still with the OC, not a collection agency. I interpret that information as that the card is still open, that I still have a credit limit, which I am currently over, and that if I pay off the balance, that I would then be able to use the card again, and the civil judgment would reflect as paid or what not. So I do still owe the balance that Discover is reporting, but the fact that a credit limit is still showing and the account is still listed with a condition as 'Open' is the confusing part. The Discover Cardn file reaches the SOL at the end of this year so the last thing I want to do is have it start all over again. (I know the civil judgment will still report and will still be enforcable). I got some advice that due to the fact that my income is exempt from garnishment (so it's untouchable), I should avoid making payments until the Discover Card file on my CR reaches the SOL and falls off in order to avoid restarting the clock on the debt there.

I have not paid the debt as of yet, so it's still outstanding. So shouldn't they be reporting the condition as 'Closed' now that the account has gone through a charge-off, collections, and a civil suit?Īlso, if the account should be listed as 'Closed' or otherwise and gets updated, will that take the card out of my credit utilization calculations? It's eating me alive there. I'm assuming the account will never be usable even if I paid the balance below the limit. I thought a 'Condition' of 'Open' meant the CC is still an open account and would be useable if the balance was paid below the limit. I know the status is correct as charged off, but I'm confused on why they would report the account condition as 'Open' at this point. The debt is listed with a status of 'Charged Off as bad debt' or 'Charge-Off' however the condition is listed as 'Open' on all 3 CRs. The main issue I'm having is regarding how the debt is being reported by Discover. As expected, the debt is listed under Civil Judgments and Discover on my CR.

Per Discover and the 'Law Firm,' all payments would go to the 'Law Firm' and never to Discover. Obviously the card went delinquent and ultimately I got taken to small claims court by a well known shady 'Law Firm' and lost. (I did try to work something out with them at that time but they wouldn't work with me).

I had a Discover card that I stopped making payments on after a job loss.

Charged off as bad debt