Using SOL helps!

Did the rep accepted this or continue to deny? Is it there in your credit report?

Keep your eyes open though. Many of these old debts are sold to junk debt buyers. Of course you are no longer obligated to the debt out of SOL. But, sometimes these junk debt buyers try to sue, in hopes that you won't show up at court, and get a default judgment. They are true extortionists.

good point mwtx---very good point!

They accepted the SOL dates and did not dispute. I was so surprised. I keep a very close eye on my credit reports now since I had fraud. They actually called me back and said it would be removed. We will see.

Good point mwtx. I have seen people losing the judgment because they failed to appear in the court. In that case CA is awarded default judgment. I hope your case will be solved soon kalevala.

mwtx, Shirley and Curly Carl,

Advise is always welcomed here. You are all very caring, good and knowledgable people. Thank you all for being here.

I took the equifax 3 in 1 credit monitoring as well as my banks monitoring service and I get both emails and letters to indicate if their was a change in my score, new postings and inquiries. I receive these on a regular basis. Both option are for one year and heavens knows I will renew when the time comes. You can never be too careful.

I wish you all the best kalevala. Good luck to you. But, as I said, watch out down the road. Out of statute (junk debt buyers), might even contact your years from now. They hope 1) you'll be "frightened" by being contacted by a collection agency, and offer some sort of payment (don't, it would re-start the SOL), 2) if they sue, they hope you won't show up, to get a default judgment.

Laws hopefully one day will put these people out of business. This is the most unethical business in America today. Firms such as NCO and Asset Accesptance have been fined for record amounts by various Attorneys General. This should tell you how legal and ethical they are.

I have been summonsed to court but I know that the only thing this junk debt buyer has paid is 6 or 7 cents on the dollar. Should I demand to know how much they paid for the original debt that has already been charged off? I don't figure I owe them anything -- but certainly not more than they paid for my old credit card debt.

languagelady1, ask the CA to send the details in writing. They are bound by the federal laws to give information about the company for which they are collecting. These details should also include the principal amount and the interests attached with it. Refuse to pay anything till you have reviewed the account properly. You need to know for sure if the company calling you is authorized for this collection. You can also check your credit report and know the name of the company listed in your file.

The bill is valid. You still owe it. It just can't be activly collected by a collections agency.

Waiting for the SOL date to pass doesn't suddenly mean you don't owe something.

If workers comp was supposed to take care of it then you need to find out why they didn't.