the phone company has sold this debt to an collection agency .We have had service with the same company and no attempt to collect has been made in 9 years. The phone company and the collection agency both have our address and threaten to report to credit agencies
2007-06-18 13:28:50 · 6 answers · asked by RICK E 2 in Business & Finance ➔ Credit
I agree with Chane, send them a SOL letter.
There are only a few states where original creditors are bound by the FDCPA and California is one of those states.
If both the original creditor and the collection agency claimed that they will place it on your reports, then both of them have violated the FDCPA by not only using threats, but in using the threat of placing it on your reports unless you pay - since they have no legal right to re-age it and place it on your reports after the original 7 years has run.
You might click on my profile and click on the last link I have listed to find a SOL letter template
2007-06-18 19:54:10 · answer #1 · answered by echo 7 · 0⤊ 0⤋
old debts can be collected for up to ten years from the date they went into collections. After seven years they generally fall off your credit report. Usually though if it is a utility company and you want to get service with them again you will not be able to until the old debt is taken care of and then a large deposit may be required as well. Get a copy of your credit report to check for any inaccuracies and you can dispute those. If they are not resolved within 30 days the credit bureau has to remove the unvalidated items.
2007-06-18 20:39:12 · answer #2 · answered by jenni k 2 · 0⤊ 0⤋
As long as it is unpaid and out standing, no matter what state you live in, it is a negative factor to your credit scores. Even if they do not call you to collect the outstanding balance, it remains on the credit score until paid in full... then you should get a letter from the collection company or billing company saying it is paid in full.
Bottom line is you are responsible to pay off the debt.
2007-06-18 21:08:47 · answer #3 · answered by emmi904 2 · 0⤊ 1⤋
Inform them that it is past the statutes of limitations and the debt can no longer be collected on.
Ask them, in writing, to cease and desist all communications. By law, they have to stop contacting you and it is illegal to report the account to the credit bureaus. You are entitled to $1,000 per violation of your federal rights if they continue to violate them.
2007-06-18 22:16:13 · answer #4 · answered by Anonymous · 0⤊ 0⤋
9years old? if you have bad credit your credit restarts back fresh after 7 years, in california. Thats how people who file for bankruptcy get back on their feet. It just takes awhile.
2007-06-18 20:31:58 · answer #5 · answered by ???? 2 · 0⤊ 0⤋
no time limit on this. get a copy of your credit report and see if it is there.
2007-06-18 20:31:35 · answer #6 · answered by Anonymous · 0⤊ 2⤋