How should I proceed with Allied Interstate?
Date: Wed, 01/03/2007 - 11:54
I ran my credit report and I noticed an old credit card from 1998 with a balance of 1400+ dollars.
I moved a few times and had alot of changes going on in my life at the time. So, I may of forgot about it.
I have not spoke to anyone with Allied Interstate.
How should I proceed?
Billy Lucero
Allied Interstate is a collection agency. They should not have h
Allied Interstate is a collection agency. They should not have hit your file with this account because it is past the seven years reporting timeframe. However, if you pay them now, the account will become current and they will get legal back up until your debt is paid.
At this point, you can legally refuse to pay on this account. It is past the SOL and 7 years reporting timeframe. Ask them to validate the debt and send a dispute letter notifying the expiry of SOL
Just because a debt is past the SoL and reporting period doesn't
Just because a debt is past the SoL and reporting period doesn't mean you are resolved of responsibility to pay back the debt.
Also, for some states it is up to 10 years of reporting.
Let's say that you have some debt that is past the SOL for your
Let's say that you have some debt that is past the SOL for your particular state--Texas in my case--what exactly am I obligated to pay back?
Thanks for any help.
