I have seen many people suffering from the affect of a paid-off bank account reported as fraud through Chexsystems or Telecheck just as I have.
Hopefully this may help your situation:
Send your letters to the address of the appropriate agency:
ChexSystems Consumer Relations
7805 Hudson Road
Woodbury, MN 55125
TeleCheck Services, Inc.
Attention: Consumer Resolutions-FA
P.O. Box 4514
Houston, TX 77210
[Name and address of original bank]
RE: Acct # [Your account #]
To whom it may concern:
This is a formal notice of dispute regarding information that [name of bank] sent to [ChexSystems/TeleCheck], a consumer reporting agency.
The following false information was sent to [ChexSystems/TeleCheck]:
This information was disputed with [ChexSystems/TeleCheck] on [date]; however, [Name of bank] verified the information as accurate. This falsely reported information damages my financial reputation and should be removed immediately.
[Name of bank] reported [account abuse/suspected fraud/fraud] when in fact, no [abuse/fraud] took place. There was no illegal activity on the account.
[Only include these two sentences if no money is owed to the reporting bank]: [Name of bank] did not experience any financial loss and no money is owed on this account. There was no violation of the account agreement that governed the account.
Under my rights under the Fair and Accurate Credit Transactions Act, I am asking for an investigation of this reported information, and removal of the false information reported to [ChexSystems/TeleCheck].
cc: [bank branch where account was opened]