Hi guys, Love this site.I have been getting letters from ca's for a while and just been stuffing them in a drawer.I have not done anything to confirm the debt but I also have not sent a dispute within the thirty days.Now I want to fix my credit.Did ignoring them in the first place screw* me?Its the same few letters every few months.Also one of them is from a law office.These are showing up on my credit report and AS of yet I have 0 judgements.... Thanks for your advice. Kelly
Kelly, How old are these accounts? Have you determined what the statute of limitations period is for your state? These accounts may be out of statute of limitations (SOL) which is the period in which you can be sued over a debt. You need to determine that first, if they are still active you may want to leave them alone for now unless you can pay them off with a settlment or PFD (pay for delete) & hope you don't get served before the SOL expires. If they are out of SOL you may want to dispute/validate etc etc. Good luck, Tegleg
Hey, Thanks for the reply.They are 5 years old and the sol in Massachusetts is 6 years.So I should leave these alone and not ask them to validate the debt at this point? Thanks so much I have been reading but all this is so confusing
First get copies of your reports from the three CRAs. Don't use the trimerge ones online--get individual copies from each. Then go through and mark everything that is wrong on each one. That's what you'll want to dispute. Then, as Tegleg said, check the SOL for your state. You'll need that to know when you can use that as a defense if you're sued. If you know the date you last paid on these accounts, get that information together, too, so you can verify that it's reporting correctly when you get your reports. Don't let the doomsayers get you down. It's not as bad as some people would have you think.
Sorry, I didn't see your intervening post. Let's see how they're reporting before you decide how to tackle them.
The account that I got the letter from a "lawyer" Is being handled by LVNG and I have seen lots of posts about them.What should I do with it????
Who was the OC on the account? Credit repair should not be undertaken unless and until SOL has passed on any accounts you aren't in a position to settle. If the OC is one that is known to keep good records, showing up in court to fight the case may not be an availing strategy, however if they are not, or if the attorney is known to just staple any old thing to the complaint (and some are known to attach a Discover card agreement to a Chase lawsuit, and perhaps some Capital 1 statements--I have heard of up to 5 different OCs being misrepresented between allegations and attachments filed with a complaint) fighting may be just the thing to do. The way to find out is to go down to your county courthouse and research what that law office does and how they do it.
