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#1
10-23-2007, 03:33 PM
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RJM Acquisitions with a 13 year old debt?
I got a letter today from RJM Acquisitions LLC requesting payment for an account that is 13 years old! Of course it doesn't say how old it is but I know because it was before I even moved to Florida. Also, they have a spot where it says Social Security Number and it shows the last two digits and it's off by one number. What is going on with these people? Suddenly I am getting hit with old accounts from 9 years and more like this one and they are killing my credit. How do I stop these people and get them removed and to stop sending me notices? Are they allowed to just grab at random straws from way back when and just suddenly start reporting it?
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Terrell SAHM and Scrapbook Kit Designer 
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#2
10-23-2007, 04:32 PM
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Here is a link to check out the SOL by state at http://www.fair-debt-collection.com/SOL-by-State.html#T If you haven't done so, send them a debt validation letter to have them validate whether they are legally bound to be collecting the debt. Good Luck
If you need anything else just ask.
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#3
10-23-2007, 04:44 PM
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The original debt was with Avenue. If I go according to where I lived which was NY the limitations would be 6 years I believe and isn't the most they can report for a charge card like 10 years in any state? Also RJM never had this account before, they apparently decided to buy this debt from somewhere or found it somewhere and are just contacting me trying to get money out of me. I have heard now, since I posted just a little while ago, that there are a bunch of companies doing this figuring that people would rather pay it as opposed to having their credit destroyed. I am so mad with all of the havoc these people have been inflicting on my credit that I could spit nails. I have two different places reporting on the same account, now I have 3 old debts suddenly popping up. Once it has passed it's SOL can someone else legally turn around and start reporting on it again? Especially since they also have my SS# wrong?
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Terrell SAHM and Scrapbook Kit Designer
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#5
10-23-2007, 07:33 PM
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If the debt is 13 years from the date of delinquency then it is certainly past SOL, which means hey have no legal right to sue you for it, if they due try to bring suit against you then you can use SOL as your defense and have it thrown out. They cannot report it with any credit reporting agency (experian, equifax, transunion, etc.) as there is only a 7 year reporting period, after such time the tradeline from the original creditor and any associated tradelines must be removed.
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#6
10-23-2007, 08:08 PM
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That is pretty much what I thought. But now what type of letter do I send them? Can I send a standard letter telling them that this debt is way past the SOL and that they need to have no further contact with me? I guess I will also have to go and file another dispute with the 3 Agencies as well? They still haven't removed the double reporting on my credit, it's making me nuts to see all of these old ones. I had my credit back up around 590 and now it's just around 400. It's so frustrating.
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#7
10-23-2007, 08:11 PM
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Ugh, I thought I was logged in. That is pretty much what I thought. But now what type of letter do I send them? Can I send a standard letter telling them that this debt is way past the SOL and that they need to have no further contact with me? I guess I will also have to go and file another dispute with the 3 Agencies as well? They still haven't removed the double reporting on my credit, it's making me nuts to see all of these old ones. I had my credit back up around 590 and now it's just around 400. It's so frustrating.
__________________
Terrell SAHM and Scrapbook Kit Designer
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#8
10-23-2007, 08:19 PM
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First send a debt validation letter, you can find a sample letter in the DIY section on this site, included should be a cease communication request. Send it certified mail (USPS) return receipt requested. Once they have received that they will not be able to contact you and in order for them to continue any collection activity they will have to provide validation, for a debt that is 13+ years old they probably won't be able to. You'll need to send disputes the credit reporting bureaus. Explain to them that the debt is more than 7 years past the point that the original creditor should have been deleted and therefor the associated collection tradelines need to be deleted as well. Keep the green verification receipt that is sent to you from your validation request as that is your proof of requesting validation. If I were in your position I would also let the collection agency know that if they continue to attempt to collect on it or they try to report the tradelines with any consumer reporting agency that you will file a civil suit as well as file complaints with their attorney generals office as well as the FTC for violation of fdcpa and FCRA.
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#9
10-23-2007, 08:24 PM
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Great information I will do that and get everything together. You would think that the agencies would require some sort of proof that these are legitimate when they are reported. Thanks again!
__________________
Terrell SAHM and Scrapbook Kit Designer
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#10
10-23-2007, 08:29 PM
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Not really that verse in the inner workings of consumer reporting agencies. From my experience it kinda seems like the burden of proof falls on the consumer. However the Fair Credit Reporting Act (FCRA) gives individuals the ability to file civil suit for breaches of said law (which is up to $1000 per violation)
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