All Entries in the "Statutes on Credit" Category
Stopped Paying Collection Agency?
In 1988 myself and one other were sued. I was the registered owner of the car and the other person used the car without my permission. Other person was personally served and apparently I was served via publication and had no knowledge of it until 1992 when out of the blue a collection agency [...]
Car repo’d and charged off June of 2000, SOL is up for our state, collection agency called on it yesterday?
Had a car repo’d in early 2000 and have not paid any money since, it was charged off in June 2000. The statute of limitations is up (6 yrs, for state of Maine). I know that 7 years after the charge off occurs the bank has to remove it from the credit report. [...]
Just not make payments or file Bankruptcy?
My debt is too large to negotiate with the credit card companies. My only income is disability. I be eligible for the boards 7. I have consulted with an attorney and he wants me to file. I still reckon it would be better to just live with the terrible credit rather than have a [...]
Can a collection agency sue me if I just owe interest?
I have been paying my debt off for several years – all of which are in three different collection agencies and mostly hospital debt (er trips, surgeries/accidents ect) and some are bills that were from our electric company and things like that. Most of them are ancient and have passed both the statute of [...]
should i pay a negative collection account that’s 5 years old?
I have a credit card that was ‘charged off’ 5 years ago and then sold to a collection agency. Both of these debts show on my credit report as negative/collection accounts. I am in CA so I know the statute of limitations in 4 years, and I know these negative accounts will drop from my [...]
Failure to show to hearing? can you still vacate a Default Judgment?
Just humor me, say a person received a summons but could not make it to court for two reasons (one or the other, not both)
a) No date was mentioned on the summons for a hearing.
or
b) You just could not make it to court.
Is it doable to vacate the default judgment even even if they are [...]
Civil law in Florida?
My ex husband is in jail until 2017 for being a drug dealer. While we were still married I had 2 cell phones with Verizon. In 2 months he ran the bill up with his drug deals to 1700.00. Verizon sold my debt to Midland credit Management and they took me through [...]
Time Barred Debts What Revives SOL for ?
I am trying to bolster my sister to make her initially home loan, so I have been going through her credit report with her. I noticed there are 3 new collection accounts for balances left over from insurance payments of medical bills, upon looking closer I saw these debts were really time-barred debts. [...]
Personal loan not being repaid – should I sue?
In February 2007 I loaned $5K to a very excellent friend ( in Texas) through a balance transfer – that is, I took the debt upon my credit card with a very low interest rate to bolster him pay his bills. The money went honest to his bank account because he had a zero [...]
what step should I take on this collection account?
I just found out while checking my credit score that I have a bill in collections that I’ve never been contacted about. I have never received one letter or phone call, even even if they had the right address and phone number. When I contacted the collection agency and told the lady I was talking [...]
Received Contradicting Statements From Collection Agency After Motion For Discovery?
I am getting sued by a CA for an ancient debt for a credit card. My questions revolve around what I’ve received from them in their response to my motion for discovery, which contradicts previous evidence submitted by the CA, and has left me questioning how to proceed.
On March 4, two days before getting [...]
Can A Collection agency really do this?
My sister had an ancient medical bill that went to collections. The debt itself was over 13 years ancient, it was bought by this company that buys moldy ancient debts for pennies on the dollar.
They sent her the usual phone calls and letters, but an attorney she consulted with, said the debt was way [...]
Please Help, Debt questions?
Hello, and thank you in advance for any bolster you have. We received a paper saying that “at this time no attorney with this firm has peronally reviewed the particular ciscumstances of your account.” 5 days later we received a request for default signed by jane doe esq. that was dated in January and was [...]
Old debts in collection question?
I have about 5 collections on my credit record. All total about 11,000. I want to negotiate to bring all that debt down to about 25 percent since in about one in a half years the statute of limitations will allow it to fall off so i’m sure the collection agencies will accept anything. Then [...]
Do I really NEED to file a chapter 7?
My husband doesn’t want to, but I have over $16,000 in terrible unsecured debt on my credit report as of aptly now (it was less but they keep adding fees and what-not).
My husband’s been unemployed since Feb, we let our household go to fleeting sale and we currently live with the in-laws. We just [...]
To pay or not to pay?
I have 7 defaulted credit cards. One of them has been sold to a collection agency and the others just read as “charged off”. Only one of them has been a thorn in my side calling daily (I’m truly unable to pay them at this time). They haven’t said they’d be suing me, but are [...]
How many points will a credit rating rise when past bad debts “expire” after 7 years?
I want to know how many points the rating for an otherwise strong credit rating will rise when past terrible debts “expire” after their 7-year reportable period to credit agencies has transpired.
Resulting from a past split, I was left with two negative credit entries that I didn’t know existed and didn’t learn until they were [...]
Getting rid of collection accounts when the SOL has passed?
Okay, so my credit is AWFUL. I’m trying to wade through and choose whether to pay ancient collection accounts or not. There is so much contradictory information out there, it’s tough to know how to proceed.
I know that things stay on your report for seven years, but I also see that the statute of limitations [...]
Actions to dispute collection on false debt?
Yesterday I received a notice from “Inhabitant Credit Solutions”, saying I owed BMG music club over $300.
This is an incorrect, I don’t owe anything. When I did an internet search about it, it appears a lot of people are getting these same types of collections claims, or having it show up negatively on their credit [...]
California Credit Reporting?
In a nutshell – Dec 2002 Laid Off. Beginning 2003 abandoned all debts and left my car at the airport, and fled the country. Now I’m back with a 756 credit rating. 2 Months ago, I ran a Credit Report and found out that the Comp I had the auto loan with [...]
Statute of limitation/jugement?
I had this debt that is not even programmed on my credit report and we live in alabama. This debt was from Aug. 1999 and now they sent me ID to make a judgement. I dont want to pay it for the age of it. what can i do about this?
Accidently admitting debt to a scavenger debt collector?
So this scavenger debt collector (I started learning alot after the phone call) started calling me about a credit card account that has been closed for 5 years. I am in Texas and I know that the statute of limitation has already expired.
By the slip of the tongue, the guy got me to accidently [...]
Is this legal?
I had a “lawyer” call me this morning about an ancient credit card debt from around 6 or 7 years ago. He said he was a lawyer. I can’t find his company online. I live in Georgia. The statutes of limitations is 4 yrs on credit card debt. He told [...]
Old Debt coming back up… what’s up with it?
So back in 2003 i bought a motorcycle. The motorcycle was impounded and i’m assumming the bank got the motorcycle back, i never saw it again.
I bunged paying on the bike as soon as it was taken. Debt collectors harrassed the heck out of me and my family tree tree. When i changed addresses they finally [...]
What do I have to pay back?
I am being sued and my case is on the 13th. It is for unsecured debt from a credit card in the state of TX and it was accrued more than 7 years ago. I am told they have no aptly to sue due to the 7 years (statute of limitations). I am nervous. Bolster!!!
In [...]