I'm back again! I received a letter that states they have bought a debt that has been entered as a judgement from 1/1/2007. It has NEVER been on my CR to my knowledge. I have never been summoned to court over this. So do I request validation & dispute it as the usual? Is it possible to have it show up on my CR after so long? SOL on judgements is 10 years as far as I know? Thoughts, comments? I have a validation letter drafted and ready to fire off just want to make sure that I go about it in the proper order. Thanks!
If it is a judgement, validation of the debt would simply be producing the judgement, but if you have the judgement, you would get the information about the court case through that. If the SOL is 10 years, as you believe that it is, then it tolled on 1/1/17 (but asking for the judgement gives you the date certain). The reporting deadline would have expired over 3 years ago.
Alright, so the SOL of judgements in MA. is 20 years. I should have done more research on my end. If this has not been on my CR for all this time is it possible that it won't ever show up? I don't understand how this could have not been on my report unless the courts cannot report to the CA? And if I do dispute this does the new owner have that ability to throw this onto my CR?
Reporting timeframe remains the same. Judgements aren't reported/verified by the court, there are companies that specialize in searching the court records and sending that data to the CRAs. The only way to get the information about whether it is a valid judgment that you were served for is by asking for validation and then researching it at the court.
