OK, so here is the deal. I have two collectors (palisades and sherman) "attempting" to collect debts that are 6 years and 10 months old. I say "attempting" because they haven't contacted me directly, but they have consistanly reported these tradelines and collections every month for the last year. It hasn't really bothered me until today. This afternoon, I received an alert email from Privacy Guard. It turns out that both of these companies reported again that I was >4 PMT PAST DUE. This also caused a 15 point loss on my FAKO. What should (can) I do? Should I just suck it up for another 60 days or should I fight it? I guess in this case "working the system" would be a good chance to get in some practice. Thoughts? Thanks in advance!
Re: Challenge TLs due to drop in 2 While it is true that these debts are presumably just about to hit the magic 7 year SOL mark, I'd think it's best just to let the 2 more months tick by and then dispute them only if they remain. (unless you're hot to buy a house this month). You don't really say what the amounts are, but if they were large enough to warrant the attention of the CA to attempt a judgment this would be the time they'd start -- so best to let sleeping dogs lay.
isn't it a little early to dispute them as obsolete? by my calculations, one is supposed to drop off in june and the other one in july.
Re: Re: Challenge TLs due to drop in 2 mo? isn't it a little early to dispute them as obsolete? No because it being this close to the drop date they will usually delete if you dispute as obsolete.
: Challenge TLs due to drop in 2 mo? 1*While it is true that these debts are presumably just about to hit the magic 7 year SOL mark, I'd think it's best just to let the 2 more months tick by and then dispute them only if they remain. (unless you're hot to buy a house this month). 2*You don't really say what the amounts are. 3*if they were large enough to warrant the attention of the CA to attempt a judgment this would be the time they'd start -- so best to let sleeping dogs lay. goldhummin =========================== 1*It's not the SOL it's the 7 year reporting period. The poster should dispute them like I posted to him. 2* Doesn't matter in this case. 3*The Sol is 6 years or less in most cases. Since these are most likely beyond SOL at 7 years there is little danger from the CAs. No need to worry about the sleeping dog. - It has no teeth. ><- <>- ><- <> ~~~ ><- <>- ><- <> ><- <>- ><- <> ~~~ ><- <>- ><- <>
