Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Report
Profile Image

Question By
AliskaU

0 Contributions
0 People Helped
7+ year old debt that's been reopened by a new collector, and I don't have original documentation.
I had two debts go to collection agencies over 7 years ago. Unfortunately I don't remember the exact days, and don't have any original paperwork. These debts recently appeared in Credit Karma's "Removed Collections" section. But now completely different collection agencies are contacting me for (I presume) the very same debts, with the same exact due amounts. They naturally appear on Credit Karma's "Open Collections".

I'm not sure what to do about this. Since I have no info on the original debts, I'm not sure how I can challenge or compare them to these new collections. Any advice? Or am I doomed to settle and have another 7 years of bad credit?

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
166 Contributions
192 People Helped

Good Question

Pull your reports and check to see when those acconts became delinquent. It aslo sounds like your debt has met the 7.5 stature of limitations. Check your state, stature of limitation. Most states are 7.5 years from the date reported late/delinquent.. If so, the debt in question is time-barred which means the collectors can call you but can not sue you for that debt. Tell them the debt DO NOT BELONG TO YOU! If you say it's yours or you try to pay it, you can reset the clock and 7.5 years starts all over again. Be careful with how you deal with this. After you check the dates and if the time have lapsed your are in the driver's seat. You can dispute the accounts with the credit bureas, stating that the two debts on your credit report are time-barred and should be deleted from your credit report. I hope this helps!

Top Contributor
784 Contributions
298 People Helped

You're allowed a free credit report by all three agencies; Transunion, Equifax, and Experian once a year. Go to one of the agencies so called reported info on this site and see what the actual report states.  The lenders and addresses will be on the credit reports. Collection agencies love to renew old debts they purchase from original lenders. You can dispute the debts on your credit report(s). I wouldn't necessarily go by all the information on this website. Some debts stay on your record up to ten years, but generally drop off after seven. If the debts haven't dropped off your actual credit report, then dispute it. 

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.