Douglas Neeb Douglas M Neeb, Associate General Counsel, Armed Forces Bank, Academy Bank FCRA violations, providing attorney advise to a non client Fort Leavenworth Kansas

To provide more background for the cynical...the account was a deposit account.  The deposit paid the balance.  I paid the remainder of $49 although I disputed it.  The point is Mr. NEEB GAVE FALSE LEGAL ADVICE.

Did Mr Deeb say why banks can not remove negative trade lines? You imply that he said it was against the law, however it may be a case of being against bank policy. If the account is negative and you owe them the money, why should they remove the account. As you stated, this is done after the account is settled, you pay the money owed. Sounds like you're trying to play semantics and I doubt it will work. (Kind of like you doing this report in such a way the Mr Deeb is reporting on himself.)

 In reading this one thing appears to stand out.  You do not appear to be disputing the negative item, you are just upset that the bank is actually reporting it.

 Any creditor can remove any tradeline it wishes.  There is no law requiring a creditor to report a negative trade line.  

-   You are right there is no regulation that says they MUST report it, but there is also no regulation that says reporting it is illegal or wrong.  The only case that it would be a violation is if it is incorrect, you can prove it is incorrect and they fail to remove it.  However, NOTHING..NADA..in this report indicates that the negative item is invalid or incorrect in any way.

Perhaps you can enlighten us on the details of your "dispute".

Oh and by the way no I am not an attorney and in now way should you consider this legal advise...but here is another shock.  You don't need to be an attorney to be able to read between the lines and I bet the details you are leaving out are very interesting..and probably not in your favor.