blitt & gaines

They look like scum to me. It has been more than 30 days since the first letter from them so a debt validation letter at this point is useless. In the first letter from them does it have a 30 day disclosure stating you have a right to dispute the debt? Also does it have a mini Miranda stating something like"this communication is from a debt collector?

If not, then you will probably have a lawsuit against them. You could also probably make note of it and they will back down and at that point you can request something confirming a paid in full.

Also, prior to all of this, when was the last time you made a payment to the original creditor? if it has been more than 5 years then the debt was time barred and you can raise the question of extortion to get you to pay. If the debt is not time barred, then forget it.

Anh, you should not have paid them a dime until you had everything in writing!

What if they have a bogus record saying that you made a payment inside time barred period? I have letters from another agency that is after the date of the bogus payment that does not reflect payment in question?

I have a similiar question involving Blitt & Gaines. Apparently I had a credit card that went into default back in 2002 for an amount of $500 with CitiBank. Now Blitt & Gaines is trying to collect $2,000 from me for this.
How does the "time barred" thing work? Should I take the time to try and resolve this by paying them a portion of what they are asking or try to fight the claim altogether and not pay anything?

Time barred means that the Statute of Limitations for debt has passed. What state are you in?

Hi,
I'm in Illinois. When does "time barred" begin? The way I understand is that it starts after the last payment is made. So, if my last payment was supposedly made in 2002 then I would assume that the statute of limitations has passed and that they can no longer collect. Also, can I dispute this on my credit report now?

The credit reporting SOL is different than the SOL to file suit against you. Credit reporting is for 7.5 years from the date of last payment.

Thanks Soaplady. So Blitt & Gaines can no longer collect and after another year I can have removed from my credit report. That sounds good. Why did the state I live in matter?

SOLs are different in different states.

Just because SOL has expired does not mean a debt is uncollectible. With the exception of 2 states (MS & WI) an unpaid debt is collectible until paid. Expiration of SOL only means that they have lost the leverage of filing suit. Also, credit reporting starts with the Date of First Default not DOLP.

In Illinois the statute of limitations to sue is 5 years. Contact the law firm of Edelman Combs and Latturner