I last paid my account on 1/1/2009, next bill due 2/1 and I was unable to pay. In July, my dad loaned me money to settle the account in a lump sum payment. I paid the agreed upon amount on 7/20, which I figure was 169 days after the Feb. 1st due date that started my delinquency. Chase agreed in writing to report my account as "settled". Tonight, I am checking my credit reports and they say charge-off. However, under remarks they say settled for less than full amount. The balance shows as $0. Is this the way it should show if I settled & paid before 180 days?