how to determine first delinquent date
Date: Mon, 08/10/2009 - 15:45
I have my credit report here in front of me and I have a Collections from Palisades for a Chase card that I had when I was going through a divorce in 1999. Chase is not on my report at all. Am I understanding correctly that 7.5 years after my first delinquency date (as long as it was never made current) this comes off my report? If so, how can I determine this date and get this off?
Thanks,
Confused
The date of delinquency would be counted from the date you have
The date of delinquency would be counted from the date you have missed your first payment.
Which state are you from? You'd need to check with the statute of limitation of the state to know if the account still falls within it or not. However, most of the negative information would drop-off from your report after 7.5 years.
I am from Kansas and I found my old bills. It went delinquent i
I am from Kansas and I found my old bills. It went delinquent in 2001 with Chase making threatening letters by the end of the year. It is also happening with another card. How can I locate Kansas' SOL in regards to this?
Also, how can I get them to drop it off my report, what do I need to do?
Thank you for your help
Quote:Also, how can I get them to drop it off my report, what do
Quote:
Also, how can I get them to drop it off my report, what do I need to do? |
Well, most of the information should disappear after 7.5 years but if they don't you would then need to dispute the matter with the credit bureaus.
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How can I locate Kansas' SOL in regards to this? |
I think the SOL in Kansas in 5 years.
The state SOLs refer to the period when the creditor can sue you
The state SOLs refer to the period when the creditor can sue you. But it also looks like you have passed the 7 year reporting period, too.
Definitely, send a dispute to each of the credit reporting agency(ies) that the debt still shows up on, note to them that the alleged debt is time-barrred (that's the official term) and hence, according to the Fair Credit Reporting Act, needs to be removed from your report immediately.
