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If your car loan statement says the bank closed the account in 1999 can you have this repossession removed from your credit report?


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Wiki User
2015-07-15 19:14:01
2015-07-15 19:14:01

Chances are good the bank sold the account to a collection agancy. Contact a local attorney for state specific info.


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Never. A Closed account is one in which there can be no banking activity or transactions and hence banks cannot and will not send any statements to the customers who hold those closed accounts. So there is no timeline available as to when it will be sent.

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Contact the bank directly for assistance retrieving copies of your bank account statement.

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Neither. Sales will be listed as an income statement account on the firm's trial balance. Once the accounts are closed at year end, sales will be closed into Retained Earnings.

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