When Will This Chargeoff Go Bye Bye?

I want to start out by saying that your website has been the most helpful, you have opened my eyes to a lot. I saw your seminar on chargeoff and collection companies re-aging. I also read the topics on that. Please tell me if the following information applies and if so how do I take care of it, I have a credit card that is at this point a charge off.
reported since 11/1997
date of status 12/2000
last reported 03/2006
account history charge off as of march 2006 180 days as of Jun 2000 It also shows the high balance and recent balance.
Prior to finding your website, I asked a credit repair company via email. and they stated that this would not be removed from my credit until year 2013.

TAFFIE

——————

Hi Taffie,

Thanks for the kind words.  You made me smile.  Now, tell me if I’m a mind reader. 

(weird music playing)

I’m going to guess that you are looking at an Experian credit report. 

(applause)

OK, I’m not a mind reader, but the terminology you’ve listed is exclusive to Experian.  The tradeline will disappear from your credit record in one year (January 2008).  Either the credit repair company was clueless (that’s a good possibility) or they wanted to make you think that they could do something wonderful for you – if only you pay them payments every month for a year.

By the way, no one should pay for credit repair.

Thanks for the questions and for making me smile.

Paul