pduetto

1 Contributions 13 People Helped

Member Since: February 2012

Most Helpful Contribution

How to dispute an error on your credit report

Jan 09, 2015
Helpful to 13 out of 15 people

You have it slightly wrong - though it is a good heads up.  I am an attorney.  You can bring the debt back and rescue it from the expiration of the statue of limitations by making a fresh payment.  Just reaching out will not do it.  What is important is that you know the SOL in your state.  Once you figure it out, determine when was the last payment made on that account.  If more time has passed compared to what is the SOL for your state for that type of debt, then write the reporting bureaus and demand they remove it from your report as the SOL has run.   

Activity (1 Total Contributions)

How to dispute an error on your credit report

Jan 09, 2015
Helpful to 13 out of 15 people

You have it slightly wrong - though it is a good heads up.  I am an attorney.  You can bring the debt back and rescue it from the expiration of the statue of limitations by making a fresh payment.  Just reaching out will not do it.  What is important is that you know the SOL in your state.  Once you figure it out, determine when was the last payment made on that account.  If more time has passed compared to what is the SOL for your state for that type of debt, then write the reporting bureaus and demand they remove it from your report as the SOL has run.