RJM Aquisitions and 10 Yr Old Debt
Date: Tue, 02/13/2007 - 20:27
I really don't feel I owe it, but after 10 years I don't think my I have any cancelled checks or billing slips from them. Can they be serious? I want to dispute it, but it's so old, even the IRS doesn't require you to keep tax returns that long. I would have thought I would have heard something about it way before this.
Stay off the phone. Write them a debt validation letter and send
Stay off the phone. Write them a debt validation letter and send to them certified return receipt. In my opinion if debt is 10 years old,It would be a complete waste of time and money to pay.
Same thing happened to me!
I also received an RJM letter dating back 7 years ago and saying I owed them almost 600 dollars. A little rediculous if you ask me. That debt was paid off and settled but now I have no records indicating that it was. Am I screwed?
depends on what state you live in Nichole, as this will help you
depends on what state you live in Nichole, as this will help you even more.
To start off with it is up to them to prove you owe it, it is not up to you to prove you paid it. If you can find some way to show you paid it then good, if not send them a debt validation letter making them prove you owe. BUT
The reason I ask what state you live in is because of the statute of limitations. If it has passed then they cannot take legal action so all you would have to do is send a cease and desist letter telling them the SOL has passed and not to contact you by phone, mail or any other means.
I just got a letter from RJM and immediately googled their name
I just got a letter from RJM and immediately googled their name because I don't owe anyone anything. My credit is good. I found out that they wanted money for an account that was paid in full 13 years ago. I called the number and told them as much. They immediately said 'ok, we will close that account then'. No questions asked. But they will not send a letter of confirmation that the account has been erased. I was assured that I will not receive further contacts or hassle but I do not trust that it will not show up on my credit reports so I will be checking those often now.
I'd probably still send them a debt validation letter, if I were
I'd probably still send them a debt validation letter, if I were you. I wouldn't put it past a CA to tell you one story over the phone, then after your 30 days passes in which you could have sent them a DV, they hound you like crazy and you've missed your opportunity to send a DV...
sol in nc for a debt
i was sent a letter stating i owed $3,400.00 to rjm for a credit card i had over 15 years ago, whats the sol on this,
RJM
I just today received an offer also for a Direct TV account that was from an address that I haven't lived at for 10yrs now. I also am pretty sure this bill got paid about 6yrs ago to another collection company.
Two Letters from RJM
Hello,
I received two letters from RJM for two different accounts of old debt. Both are dated February 4 2009 and tell to respond to one of their three discounted offers by March 21.
I am psostive that I have not made payments or had contact with anyone regarding these accounts in over 7 years. I lived in Indiana when the one loan from an 'instant finance' comapny was taken out in 1990 or 1991 and an MBNA credit card I took in 1989. I belive I defaulted on them in both in '95, but not 100% certain.
I realise that the statue of limitations has expired. My concern is, since I did not respond within 30 days, am I screwed ? I didn't know I had to respond. I found out in a casual conversation with a colleague that I needed too do so, even though the statue of limitations has expired on this collection.
Your reply is much appreciated.
Thanks,
Island Mon
You don't really have to respond, but they may continue to hound
You don't really have to respond, but they may continue to hound you or try to sue you if they think they could get away with it. Since it is so old and beyond SOL the fact you passed up DV time doesn't really mean anything...just send them a total cease & desist.....they have to abide by that no matter when you send it. Since they can't (legally) sue you, what else can they do but either give up or violate?
If you want to, still send a DV...if they respond with ANYTHING other then validation, then send the total cease & desist letter.
debt
you're getting good advice from everyone, OP. Since the SOL has passed on the debt, and you try to make payment arrangemnts NOW, you may Re-age the debt ( and you don't want to do that). For example: if the SOL is 4 years ( and this has expired) but the 7 years ( that the debt can stay on your credit) hasn't passed yet, by making a payment NOW you will Re-set the SOL to ANOTHER 4 years. NOT A GOOD thing!! Also..when is this account going to 'fall-off' your credit? If it 'falls off' soon, I wouldn't worry about it.
