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Guest · Posted: Mon Jun 23, 2008 7:39 am Subject: Zenith Acquisitions on CR

I just received an alert on one of my credit reports that Zenith left a neg entry. It don't say what the account if for, just an amount and next to that it says "collections". I have an idea what account it can be, and this account is over 6 years ago. What exactly does that mean when they leave an entry on there? I never received anything from them

cellular · Posted: Mon Jun 23, 2008 9:08 pm Subject:

Send Zenith a Debt Validation letter demanding proof of the debt. If the Statute of Limitation has expired tell them in the letter that the SOL has expired and that they are in violation of the FCRA and they need to remove the entry. Also dispute it with the Reporting agency.

Posted: Mon Jun 23, 2008 9:16 pm Subject:

Sorry but since we don't know what state the OP is in, you don't know if SOL has expired. Also, SOL and reporting period are 2 seperate things. OP stated 6 years but 6 years from what? DOLP, DOFD....reporting period is 7 yrs +180 days from DOFD. No violations of the FCRA based on this post. Would suggest you read up on the FCRA and FDCPA before submitting your opinion.

Guest · Posted: Mon Jun 23, 2008 9:27 pm Subject:

Im in Manhattan ny, There is no account next to this entry, other than leaving a neg entry an a amount next to it.

Posted: Mon Jun 23, 2008 9:30 pm Subject:

SOL in NY is 6 years from date of last payment. Dispute with the CRA's as "not mine" and see wht they come back with.

Guest · Posted: Mon Jun 23, 2008 9:52 pm Subject:

thanks

Posted: Tue Jun 24, 2008 12:40 am Subject:

Contact details of Zenith Acquisition Corporation is: -

170 Northpointe Parkway, Suite300, Amherst, New York 14228
Phone: - 1-716-799-0525

Cellular · Posted: Tue Jun 24, 2008 8:39 pm Subject:

Nascardevil, do you see the first word in the second paragraph it is "IF", meaning guest needed to determine the SOL.

Posted: Tue Jun 24, 2008 9:12 pm Subject:

If the Statute of Limitation has expired tell them in the letter that the SOL has expired and that they are in violation of the FCRA and they need to remove the entry

Since this sentence is wrong in it's entirety...I didn't pay much attention to your "IF". People come here looking for advice. Giving them bad information doesn't help them one bit. If the OP sent that to the CA all they would do is laugh as they were throwing it away. Again...If you don't know what you're talking about refrain form giving your opinion.

Guest · Posted: Tue Jun 24, 2008 9:29 pm Subject:

Nascar,

This is the OP, If I dispute with the CRA's, would they be able to tell me what it's for and would that "open a can of worms"

Thanks

Guest · Posted: Wed Jun 25, 2008 12:03 am Subject:

Nascardevil, I have to agrre with you, there are way to many posters that are posting incorrect information. This causes a lot of confusion to those that are looking for answers and desperately need help. I have been hoping that the moderators would step in and delete the post that contain the bad advice or information.

Posted: Wed Jun 25, 2008 4:07 am Subject:

I won't delete incorrect info unless I feel the intention of that post is to mislead on purpose.Everyone has to learn at some point.nascar is correct that the letter would not mean anything with that notation.Send them a simple dv letter certified return receipt mail.

Posted: Wed Jun 25, 2008 5:37 am Subject:

If I dispute with the CRA's, would they be able to tell me what it's for and would that "open a can of worms

It depends on how you dispute it. If you dispute as "not mine" or "no knowledge of account", The CRA's will either delete or the CA will verify the tradeline and may or may not provide more info. If you dispute as "mutiple inaccuracies - please verify all info", you'll likely find out who the OC or JDB is that holds the account. As to whether or not it would open up a can of worms, do you have any idea what it might be? If so, could it still be w/in SOL? How much is the debt for? What state are you in? Personal experience with Zenith was 1 dunning letter which I DV'd and never heard from them again.

Guest · Posted: Wed Jun 25, 2008 6:03 am Subject:

Nascar,

I have an idea, but not sure since it doesn't say what it is. The amount is for a little over a thousand, and if it's what I'm thinking of the last payment was in 2001 or 2002, I'm in NY.

Posted: Wed Jun 25, 2008 10:38 am Subject:

SOL in NY is 6 years so be sure of the date before you dispute. Reporting period sounds like it could be close to expiration as well. You can call the CRA reporting and they should be able to tell you the DOFD as reported by the CA. They also may be able to tell you who the OC is.

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