Ok so my wife has a CA after her for $1,500 over a flute we rented back on 2-2005.I know its past SOL.We returned this flute in 2007 not long before this music store went out of business.The perosn who owend the store, claimed we never returned it & sent it to collentions for $900.So I sent a DV letter to the CA(which is a local CA)and they responded with a pay up notice.They have never contacted us b4.They would not fill out the form I sent with the DV letter asking to verify there claim.They did send me a contrat from the music store.This contrat has my wifes full name,SSI & DL number.Its not wrote in her hand writing and where it says Renter Signature its blank.Then it says Agent and its signed by a peron named Halley.We have no clue who she is?So Since she never signed the contrat what proof do they have we owe this claim?What will the CRA do when they look into this?Could they have other stuff they didnt send us?Or do they have to share everthing they have with us aswell? Thanks for any info given.
They don't have any proof that you owe this debt. That's why they never bothered to sue you for it! Since the SOL has now expired, I would simply ignore any further contact by the collection agency (except of course if they file a lawsuit) and wait for the debt to "fall off" your credit reports. Please note that if for some reason you do end up being sued for a debt which is past SOL, you still have to file an answer with the court and assert the SOL defense at that time. Otherwise, a default judgement might still be granted.
Yes, it could be deleted from your credit reports by the CRAs if you dispute it and the CA doesn't respond or provide enough information to satisfy the CRA's investigation.
