Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - When is the Clock Supposed to Start Ticking for Negative Items on Credit Reports? - I have a delinquent Credit Card account that I last paid in January 2009, but it was not reported as a major delinquency until December 2009. What gives? Don't most Creditors report major delinquencies at the 6 month point? When exactly should the clock have started ticking?
To confuse matters more: this debt was either assigned to or bought by Mann Bracken, who happened to file for Bankruptcy around the same time that this item was reported as a major delinquency. Can I surmise from this that Mann Bracken was working on behalf of the original Creditor (as opposed to having bought it from them), and that it is now back in the hands of the original Creditor? -
