How do I get Captial One to stop reporting?
Date: Mon, 12/01/2008 - 08:14
The letter I received back (a few years ago now) stated I need to clear up the account and it needs to be zero.. or some such thing if I remember correctly. Ummm Hello, it was included in bankruptcy people so it is at zero!
I thought it was illegal for a coimpany to keep refershing dates?
reply
let your BK attorney and the court know.it is not legal to keep refreshing dates.as long as this was discharged what they are doing is not legal.
Thanks Paul, I'm going to send a letter to headquaters to get a
Thanks Paul, I'm going to send a letter to headquaters to get a more updated letter from them before including BK attorney and court. Which court would I go through Small claims bankruptcy court?
reply
if you still have the trustee's name go to him.also go through the BK courts first.looking at a contempt order in the face might shake capitol one into removing that entry.
Cap1 can report for 7.5 years from the Date of First Default but
Cap1 can report for 7.5 years from the Date of First Default but not 1 second longer regardless of BK. They can still update the tradeline monthly as well. It does not change when the tradeline will drop. If your BK was in 2002 they can still report until 2009. What month was your BK discharged?
As long as they have the included in BK notation on their tradel
As long as they have the included in BK notation on their tradeline then they are reporting accurately.
I thought they had to stop doing monthly updates once you includ
I thought they had to stop doing monthly updates once you included in bankruptcy? None of my other companies that I filed w/ them have done it. Even other credit cards.
That's how Crap1 operates. They belive in punishing you every m
That's how Crap1 operates. They belive in punishing you every minute of every day for 7.5 years.
But if they keep reporting (refreshing date) it will never get o
But if they keep reporting (refreshing date) it will never get off your credit report, and thus illegal. (that's how I look at it)
Are you looking at the Date of Last Activity? They can only rep
Are you looking at the Date of Last Activity? They can only report for 7.5 from the date of first default. DOLA has no bearing on how long iot can stay on your report.
Date of Last Activity. They keep refershing the date of ,last ac
Date of Last Activity. They keep refershing the date of ,last activity to whatever current month. they should have stopped that when I filed bankruptcy back in 2002. My understanding the DOLA is what the credit report uses whether the item stays on your report or falls off after 7 years.
No...DOLA would be updates to the tradeline Date of First Defau
No...DOLA would be updates to the tradeline Date of First Default is what determines how long its stays on your reports. Max 7.5 years from DOFD. They can update the tradeline monthly for up to 7.5 years as long as it shows a $0 balance and "Included in BK" notation.