In November 1993 I applied for and received a CC from Shell MC through Chemical Bank; later went to Chase Bank.
In early 2000 I began having problems staying current with my monthly payments and eventually fell behind; account went into default and was eventually charged off by Chase.
In October 2000 I received a letter from First Select Financial; they acquired my old Chase MC account in the amount of $7,825.00 and they wanted to collect.
Soon their phone calls started. I quickly wrote them a letter demanding they stop calling me which they did; that was in October 2000.
Now less than 3 weeks ago I receive a letter from Credigy informing me they acquired my old CC account from First Select and they wanted to collect, not $7,825.00 but $10,158.00 and soon their phone calls started.
I recently obtained a copy of my credit report from Equifax back in July 2003 and information on my account in question is listed in Equifax's report on me as follows:
Chase MC account
Originally opened - November 1993
Date of last activity - February 2000
Date info was reported to Equifax - September 2000
My state of residency is and always has been Mississippi. What should I do to get Credigy off of my back and do the SOL apply to my account? I believe the SOL for CC accounts in my state; Mississippi is 3 years. Can anyone advise me what I need to do next?
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