What are the SOL in Al and FL

Hi dkoen2001

Welcome to the forums.

In Alabama, the debt is out of the SOL period after 3 years. In Florida, the extent is 5 years.

Your debt is out of the SOL period and I understand that it should not be shown in your credit report also because it is out of the 7 years reporting period as per the FCRA laws.

If shown in your file, you need to place a dispute with the bureau reporting it.

Regards
Roxette

So whay is the best way to go about placing a dispute?

Also please explain the define for me the SOL menaing. Is that the last time you spoke to anyone about the debt, the last time you made a payment. What about medical bills that were charged off?

Statute of limitation begins from the date of last activity in your accounts. It is a very powerful tool for the consumers on occasions when the lenders are claiming to take legal actions. These statutes are based on civil code. So every state has its own statute.

SOL begins when the account last became delinquent. Once the SOL period expires after 5 years in FL and after 3 years in AL, you are free from any sort of legal actions.

Be careful when you are disputing the debt. Do not make any payment agreement or even pay towards the account. This will make the account current and hence collection efforts will be activated.

Ask the agency to give the details on the accounts. Write a letter to them explaining that the debt is out of the SOL period. Your disputing the debt is most important otherwise they will think that you are avoiding it and might take the matter to the court. If you dispute the debt, you always have proof to defend yourself.

Do all your correspondence in writing so that you can prove the actions taken from your side. Your letters should be sent through certified mail with return receipt requested.

Do let me know if anything is unclear

Regards
Roxette

Mo one has tried to take legal action. But I do know all of them are over 3 and 5 years old.
Who do I write the dispute to?

"Your disputing the debt is most important otherwise they will think that you are avoiding it and might take the matter to the court. If you dispute the debt, you always have proof to defend yourself."
That is unclear.

I know it has been atleast 7 years on some of them since I have talked with anyone

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I read it but who do I dispute the credt reproting compnay? If I dispute can the collection company start try to collect again?

dkoen2001

If any collection agency tries to contact you for this account, place a dispute with them immediately.

If this account appears in your credit file (though it should not as it is out of the reporting time), you need to place the dispute with the bureau reporting the account.

At the present time, if you have not been contacted by anyone and your CR is not showing this derogatory remark, you can stay calm.

Regards
Roxette

I am looking at my credit report how can a company for example Dillards have my account on there and then the collection agency also put something negative on there for the same account.

Hi Guest

Welcome to the forums.

If an account is with the lenders, there are rare occasions that it can come under collections. Some credit companies have their own internal collections but in any case, it will be posted as per the latest standings.

I think your file needs to be placed on dispute with the bureaus. Highlight this entry and request the bureau to verify it.

Also, you can send a letter to the collection agency for removing the negative entry if the creditors have not sold your accounts to them.

Regards
Roxette

i am the guest I keep doing that sorry.

But can they keep reselling the same debt and making that debt stay on your report for more than 7 years?

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