collection question/ SOL
Date: Sun, 10/24/2010 - 08:48
HI there,
I have a question regarding collections and SOL. I had a credit card account go to collections in 2007. P and B Capital Group starting in on me at that time. I never requested debt validation and they just sort of went away. I had accounts with credit solutions (debt settlement company). Well I hadnt heard anything from them in 2 years. Now P and B capital is offereing a settlement of the account through credit solutions. Now neither one has called me or sent me anything in the mail. I got an email from credit solutions. My question is why is P and B all of the sudden offering a settlement thru credit solutions? Is it because it probably it's out of SOL now? Are they fishing? How do I handle it? I havent heard from p and b in like 2 years.....any advice? thanks
I have a question regarding collections and SOL. I had a credit card account go to collections in 2007. P and B Capital Group starting in on me at that time. I never requested debt validation and they just sort of went away. I had accounts with credit solutions (debt settlement company). Well I hadnt heard anything from them in 2 years. Now P and B capital is offereing a settlement of the account through credit solutions. Now neither one has called me or sent me anything in the mail. I got an email from credit solutions. My question is why is P and B all of the sudden offering a settlement thru credit solutions? Is it because it probably it's out of SOL now? Are they fishing? How do I handle it? I havent heard from p and b in like 2 years.....any advice? thanks
Were any payments made to them by credit solutions? If not, whe
Were any payments made to them by credit solutions? If not, when was the date of your last payment.
Quote:Originally Posted by SOAPLADYWere any payments made to the
Quote:
Originally Posted by SOAPLADY Were any payments made to them by credit solutions? If not, when was the date of your last payment. |
No there were no payments made to them by credit solutions...CS was just just a "negotiator"..I never had any luck with them so when I finished paying them I forgot all about them..and the day the account was registered with credit solutions was 10/02/2007 which makes it past 3 yrs which is the SOL for MD on written contracts...I wonder if P and B is just figuring I dont know that? curious as to why now after years they are creeping around again? and there was no payment made to the OC for probably 6 months prior to me registering it with CS.
Credit cards are open accounts, not written...but still 3 years.
Credit cards are open accounts, not written...but still 3 years.
Quote:Originally Posted by SOAPLADYCredit cards are open account
Quote:
Originally Posted by SOAPLADY Credit cards are open accounts, not written...but still 3 years. |
ah ok..thanks..so why the sudden offer to settle out of no where?
You still owe the debt....just because the SOL has passed doesnt
You still owe the debt....just because the SOL has passed doesnt mean the debt vanishes. They can just not legally enforce it....send them an FOAD letter, tell them to bug off and not to ever contact you again.