Bank of America Credit Card Complaint

Bank of America Credit card department,

Forbearance / Workout plans New York

Due to personal difficulties I faced in the winter of -/-/2013, I fell severely behind on my Bank of America credit card payments. Eventually, the company 's collections department presented me with a settlement offer in - large installments. At the end of that year I received a Form - for the shortfall as reckoned by the company and reported that amount as income on my tax returns. This account is being reported as a settled " collection '' account on credit reports that I have obtained. However, Bank of America is not reporting a " Date of First Delinquency '' for this account although I am told that it is a legal requirement to do so. This date is important for determining when settled accounts must by law be deleted from - 's credit file. In particular, the state in which I live, -, has a special statute of limitations when it comes to settled accounts, and so it is particularly important that Bank of America report this date.