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
belindap415

2 Contributions
1 Person Helped
Collection Help!!!
I have an outstanding collection on my CR. I sent a settlement letter to the third party debt collector (dc). Prior to doing so I contacted the original creditor (medical) to validate the bill, which they were unable to do. The response I received from the dc included 8 other bills ranging from 2003-2005, which had all been previously disputed from my credit report. They asked that I call them, which I did. I called to inquire about the one particular bill which was from 2005. The dc claimed the bill was received by them in 2008. The information that was sent to me showed 2005. Since I called them would that give the dc the opportunity to put that information back on my credit report?

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
122 Contributions
304 People Helped
Most Helpful Response

Helpful to 1 out of 1 people

Absolutely not unless you made a payment which restarts the clock. The debt is dated from the date it went delinquent and if 2005 is indeed that date, it is over 7-1/2 years old and cannot be placed on your report. If they even think about it dispute it as re aged and write them a letter telling them that you may take legal action as they would be in violation of the Fair Debt Collection Practices Act.

Top Contributor
72 Contributions
291 People Helped

Helpful to 1 out of 2 people

The other thing that would reset the reporting clock is if you make an agreemnt with them. DO NOT under any circumstances make a agreement with 3rd party companies for any debt that is close to reaching the statute of limitations. The stattue is different depending on the state, but usually not more than 6 years.

What does the statute mean: it menas they cannot legally collect from you - they do not have a legal leg to stand on if they try to sue you for the $.

Just goole statue of limiotation on debt and you're see the laws for your state.

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.