Can someone tell me the answer to this riddle? When an account that is aproximately five years old is bought from a original creditor, can the new owners of the account note the account as open and closed with in the last 9 months even though the account is five years old and last activity on the account was four years ago? ( my states SOL is 7 years) Can I sue for this phony blatant account opening and closing. What makes matters worse is that I was told a new account owner can note the account with a new open and closed date according to them. This sounds so stupid if it is so.
