asset acceptance sol
Date: Fri, 09/15/2006 - 04:52
To make it more intersting the account that they are reffering to in their letter goes back to 1999 , with no activity in the credit report since, charge off since 2002, but in their letter they state last transaction date as 2002- what transaction ?
What should I do?
credit card debts come under the open accounts. When did you las
credit card debts come under the open accounts. When did you last pay on the account? Your SOL period starts from that date. If it is past the statutes by now, you are legally free to refuse the payment but it will be shown in your credit file as per the seven years reporting timeframe.
When did you last pay
This is the info I have 1999 revolving, charge off 2002
written off ,not showing any pmnt history - what is my next course of action? Thanks ArDen
Thank you Arden and Moderators
This website is an invaluable tool for citizens to fully understand their rights under the federal and local statutes. Thank You
How to deal with a SOL account?
What do you send first to the collection agency?
The validation letter or SOL letter.
Appreciate suggestions, thoughts regarding this matter.
Thank you.
First send the debt validation letter to confirm that the collec
First send the debt validation letter to confirm that the collector is having your info about the debt account. Unless you send this, you are not sure whether they should receive your note about the SOL.
