I have an old southwestern bell acct that was turned over to collections in 1998. I requested validation with the CA and they never verified, thus it was removed and returned to SWB. Well now a new CA has the account. They have listed it on my TU report. My question is how do I tell with TU report if they re-aged or not. All my TU report states is that it was placed for collections on 05/2002. Status as of 06/2002 colection account. That is all TU says. Any other report I could understand if it was re-aged or not. Also, can SWB be held accountable for re-aging the account? Seems that they have just treated this account as if it is brand new. Thanks to all..
I talked to a TU rep about that. You determine by the staus within the brackets at the bottom of the listing. Ie. >status as of 05/2001: placed for collection< In this example the 7 year clock would begin 180 days after 05/2001.
just because the CA sent it back to the original OC and then resold the debt to another CA does not restart the sol clock.. its 180 days after your first late date...
I agree, I was only stating where you can find the DOLA that TU uses to determine the 7 year clock. If it is not stated correctly then you must dispute to get it changed!
cool. I wasn't sure. My TU report is a little different than the others. Yeah looks like it is being re-aged. I wonder if I can hold SW bell accountable or if the new agency is responsible. Like I said, this account is from back around 1998. they are making it seem like it just went to default.
Hold whoever is reporting responsible. If the account lists the OC then send them validation request. "That is If you want to take the chance of them properly validating and having to pay... I feel the need to add this disclaimer after the pulse incident...lol" After getting the green card back then start dispute with CRA. Make sure you request an accounting of when all payments were received and when the account went delinquent. You could then use documents supplied in your validation to get the CRA to correct the date. This would be a last resort in my opinion only if they refused to delete. If you get the item deleted alltogether celebrate... If you are willing to pay the debt then you might consider negotiating a payment in return for complete deletion. Get everything in writting.
P.S. if you request validation from the OC, they are not bound by the FDCPA to provide it to you (experts check me here). The validation should be re-worded as a request instead of a demand and probably should not cite the FDCPA. Eg. After I recently reviewed my credit files, I learned that you were reporting my account as unpaid. I could have sworn I sent you a payment on this account back in 1998. Could you please send me an accounting statement of my account showing when all paymnets were made and the balance etc... I don't have that checking account anymore, so I no longer have my records. Thanks for your help, etc... If the OC thinks you are genuinely asking for validation in order to determine if you paid it or not and you think there might be an error, or that you might pay, then they will be more likely to supply you with the proof you need of when you first went delinquent.
