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Debtconsolidationcare.com - the USA consumer forum

debt over 7 years old

Date: Wed, 01/24/2007 - 15:09

Submitted by anonymous
on Wed, 01/24/2007 - 15:09

Posts: 202330 Credits: [Donate]

Total Replies: 3


I borrowed money from ITT Financial Company, in 8o's and LVNV is trying to collect on that debt now, is that legal? What can they do? I need advice.


Debt is always collectible until paid. Since it's already too old now to be reported in your credit report unless you make a payment. Send a disputer letter mentioning about the expiry of the SOL and the reporting time frame according to the FCRA. Hence, all collection attempts need to stop.


lrhall41

Submitted by Howard on Wed, 01/24/2007 - 15:25

( Posts: 310 | Credits: )