Can the collection agencies continue to collect after SOL?

From the sound of it, those are way past the SOL, both legal (state) and reporting SOL

Have you pulled your credit reports to see what's on there?

I would like to direct you to google "credit repair forums" and visit there, as they are extremely helpful and knowledgeable as well! This board is helpful also, but many many of the topics only deal w/ PDLs.

I know most companies run through individual credit reports. Maybe Synerprise Consulting viewed your credit report from the bureaus and from there, they got your contact information. If they have details of this debt, they must send it in writing. Get the debt validated by them so that you are sure of talking to the right person about this debt.

The same rule will apply on the other collection agency also. You have to dispute any item that you find incorrect in the details given by them. If you don't respond to their debt validation, the debt will be assumed correct and you will be required to pay it.
Now, the SOL is something that you will have to check for your own safety. You will know about the company can take legal actions or not depending upon the status of the SOL. At this time, I can only assume that collectors don't have any chance of getting a case against you because the debt took place 10 years back and maybe the SOL of the state where this account took place has expired by now. You have to confirm this with your state laws. You can still pay the debt if you wish. At this time, the negative info shouldn't appear in your credit file, but if you decide paying it, the positive thing will be there in your credit file.

(Hey Dennis, if you read my post, let me know if the explanation is going correct)

Thanks for the information. I will check out the credit repair forum.

However, I still need to know if the statement of "But if you owe this debt, you will still owe it and the debt may still be collected from you" correct? Can they still collect or just bluffing?

Please clarify. Thanks.

Peter Y.

CA may file legal actions only if the debt is within the SOL period. They don't have a case after the SOL expires. They may be blowing some hot air. It is your decision to pay the debt after the expiry of the SOL. If you do, there may some positive impact in your file.

They can continue to call you until you pay the debt. They just can't sue you. They can continue to report the account for ten years in the state of Texas.

It really just depends on how much effort they want to put into it.

The SoL doesn't resolve you of responsibility for somehting you took without paying. It just protects you from being sued.

Ok FYI, I recently learned that an expired SOL protects someone from legal actions only. A payment doesn't renew the SOL because the agreement with the company went into default after the first missed payment. If I assume this is right till here, then please tell me on what chances can a collector get a legal hold back again after the SOL already expired.

If a person pays his debts before the agreement defaults, it's normal. If he pays one account sometime later after the agreement was already in default and after the expiry of SOL, what's the catch that benefits a collector/credit company besides they get their money back?

The only thing a collection agency can't do after the SoL expeires is sue you. They can report up to the ten year period and they can continue to call you after the ten year period.

It really depends on the debt if they are going to even bother with you after the first seven years. You can get things removed after that but they can put them back on. I've seen it done and I know people it has happened to.

The catch is money and contracts. If the debt is still with the origional creditor or sold. Many collection agencies have contracts with lender to buy the debt or collect for the company.

So, any day, after the SOL expires, I can do a payment when I wish to. I shouldn't be bothered about any actions taken by a creditor or a collector after the sol expired and I did a payment and then stopped again??

If I stop making a payment, I will hurt my credit only but won't fall into any kind of legal stuff. Right??

A paid R9 does look better than an unpaid R9. But yes, given my understanding of the law now, you will not get sued if you SoL has already expired and you make or beging payong somehting off..

Ok, a collection agency buys your debt for pennies on the dollar figuring they can make a profit. But by doing so they take it upon themselves pay off who you owe. Now the original contract you agreed to has been settled. So my question is this. Unless the collection agency can produce a contract, with your signature stating that you owe THEM the money, how is it they can collect from you. I have heard that this was challenged in court and proven to be illegal. What gives?

No one can call me if I don't want them to. Call Block is great. :) If somehow they get through, they are screened.

I don't owe anything, but when a SOL is expired, I consider it done with. Just like the SOL for serious crimes.

I am wating them out. some things are rolling off the reports, hope the old zombie buyers dont deciced to add things back after they buy 20+ old stuff. very small old med.

If they add on stuff that has fallen off, slap them with a lawsuit. They can't put stuff back on that aged off. Period.

1. Paying your debt after SOL is past will not clear your credit record or award you with better credit score. So Do NOT Pay them.
2. By even accepting the debt on the phone with these collectors or responding to their collection letter, or making any portion of the payment, you are allowing them to renew SOLs.
3. Most debts go away in 7 years, some stay for about 10 years (10 Years is for bankrupcy).
3. If what collectors are claiming that you owe them is not on your credit history, then ignore these bastards! Do NOT talk to them since they cannot even prove that you owe them.
4. You can legally make them STOP contacting you, but that doesn't mean they can not sell it to another jerk credit collector. There is a procidure how to STOP them from contacting you.
5. If your debts are over 5-7 years old and these idiots have no way to prove you owe them, you can even sue them.
6. DO NOT PAY THEM.