SOL in SC - 6 year old charge off
Date: Tue, 06/21/2011 - 10:15
This is the only debt that I have never paid in full and I tried for a very long time to settle it but was always told by the original creditor that there was nothing to do so I left it alone. Yesterday I started receiving calls from a third-party collector about the unpaid debt. I did not acknowledge the debt . . I explained that I was at work and would have to call them back.
How should I handle calls from the third-party collector? I would feel differently if this were the original creditor contacting me, but a third party calling on an account that was charged off 6 years ago and no longer shows on my credit report concerns me.
My Two Cents
Do not accept ANY more phone calls from this collection agency. If you are going to communicate, do it through USPS Certified Mail ONLY. Phone conversations are hard to prove but a written or typed paper is not. It's pure hard evidence.
If this all went down in 2005, well the SOL in SC is 3 years for open accounts (revolving accounts). I mean it's 2011 now, about 3 years over.
If I were you and this debt is 3 years OVER the SOL, well I would send the collection agency a SOL letter. Let them know that they need to stop reporting this "debt". If they do not, well you can take legal actions against them.
Hi BLD85 We would appreciate if you register here in our commun
Hi BLD85
We would appreciate if you register here in our community and help others to get out of debt.
Jason
SOL and CR timeframe are not the same
while your info is basically good.SOL and the length of time an entry stays on your credit report is not the same.across the board it's 7.5 yrs.so while the SOL has long expired the reporting period still has 1 yr to go.so while nobody can legally collect on this the entry stays for another year.however if anybody re-ages it meaning reporting it as new.that is illegal,and the OP can and should sue for that.