Statute of limitations-Pennsylvania
[FONT=Batang][/FONT] The statute of limitations in Pennsylvania is four years for credit card debt.
[FONT=Batang][/FONT] I previously had a Dell account that was charged-off in November 2008. The account was tossed around to a few collection agencies. Currently Financial Recovery Services has the account.
[FONT=Batang][/FONT] The original balance was 2500. I have paid about 1000. FRS says I owe another 1500. I did call Dell about this account. Dell reports that 1100 are in fees. I told FRS, I would pay another 500 towards the account. However FRS wants the full amount.
[FONT=Batang][/FONT] My question is the following; how do I contest the balance? I pulled my credit report(s) all three copies! This account does "not" show up on any of my reports!
Should I continue paying the FRS? Not sure how to proceed?
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.