If a 2nd is not on the credit report....

[Bret N.]

I am new to the note business and I am in the process of bidding(of which I would rather be giving a price but oh well)  on a few notes.   After doing some due diligence on the 5 I have filtered out I notice that one of the most appealing does not show the 2nd anywhere on the credit report. Not charged off or sold or nothing.   What does this mean?

Thanks for your insight.