So I get a call on my cell phone from this collection agent asking me for my address and the last 4 digits of my SS#.
At first I didn't know what it was all about so I confirmed my address, big mistake. Then he wanted to know the last four digits of my SS#. I grew suspicious and when I refused to give those digits to him. I asked him to identify himself, his response was that he is someone who is trying to prevent people from getting sued. I simply hang up.
A few days later I received a letter from him. It is about a credit card that I owed $2,000 may $2,200 back in 1997 or 1998. Of course they are asking now for a whopping $8,600. In my state the SoL on credit cards is 3 years.
This is one of 3 credit cards that I had a balance on in 1997. One of them I received a letter informing me their, (LVNV represented by a local law firm here), intention to sue, I asked them to validate the loan and they sent me a letter that they did. All the letter said was that they validated the account. No proof what so ever. The debt they were suing for was 4 years old, (I stopped making payments on it 4 years before). My lawyer, (not sure if LVNV's lawyer came to court or not or if they had a trial), told me that it was dismissed based on the fact that it was over 4 years after I made my last payment on the account. I myself never even had to go any where near a court. I received copies from my lawyer signed by a judge that the case was dismissed.
That's what happened with a 4 year old loan, this clown thinks that he has a case, with a debt he obviously purchased for pennies to the dollars, after 14 years?
My question is, should I even pay him any attention and ask him for a DV like I did LVNV, or with the account being so old I don't even need to? The reason I hired a lawyer when I got sued the last time was because it was too close to the 3 year SoL period. Would I even need a lawyer this time around or don't even worry myself about any of this because if the case goes to court it will be dismissed once the judge finds out how old the account is given the 3 years SoL in my state
In the last 14 years things have changed so much for me. I have a good job, and I live in another city. I have clean credit report and over 14 credit cards that have high line of credit, may be close to $55,000 in total, a 2 year old loan on a brand new house, and car is paid off. I don't have any balances on any of my credit cards. Well, to be perfectly truthful, I do use my AmExp card for all my purchases and right away go home and make a payment on the account for the amount of the purchase, many times before the purchase is even posted and still in pending stage. I do use the card just to get points. I know it is stupid to have that many cards but I have learned to be a responsible user as learned grow up after I had the bad experience I placed my self in 14 years ago when I was just out of college and I thought I know it all.
Please advise what to do. To ask for a proof of debt validation? Not to ask for a DV and risk needing to go to court in case they sue 14 years after last payment? If they sue would they have a case in front of a judge?
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