My mortgage broker just ran our reports because we should be closing within the next 6 weeks. There is a new chargeoff!! It is being reported by the CA American Agency for an SBC account. They are reporting last activity as 2/03 and the date opened as 5/02. I have not had an account with SBC in over 2 years. I called the CA and asked exactly what and when this accout was from. It was phone service in an apartment I lived in in 1999!! How can they be reporting this as new?! I asked them to itemize, but she would only do it via mail, and I would not give out my address. I have no idea if this charge is legit or not--it was four years ago! I am thinking of calling SBC to try to get an itemization. Please advise! I need this fixed ASAP. Mortgage broker says that FHA generally won't approve loans with new collection accoutn in the last 12 months! Thanks!
Here's what I'd do: Since you can prove there is no way this account happened in 2002, QUICK - file a small claims FCRA suit against the CA for $100 for re-aging the account. Use deletion of the trade line as a trade-off for accepting only $500 damages. That may be the only way you will get this off in the time frame you want it off.
Here's what I'd do: Since you can prove there is no way this account happened in 2002, QUICK - file a small claims FCRA suit against the CA for $1000 for re-aging the account. Use deletion of the trade line as a trade-off for accepting only $500 damages. That may be the only way you will get this off in the time frame you want it off.
1*I am thinking of calling SBC to try to get an itemization. -------------------------------------------------------------------------------- Originally posted by braindead ========================== BAD THOUGHT: Never get the 0C to prove a debt for A CA. Send the CA the validation letter below THE END ** *** ** LB 59 """""""""```~~~```'"""""""""
