Re: sol's vs. reporting periods vs. collection process

Posted by Why Chat (209.240.222.130) on May 11, 2002 at 12:38:55:

In Reply to: sol's vs. reporting periods vs. collection process posted by cat on May 10, 2002 at 23:59:18:

The original creditor is required under the FCRA to report the FIRST delinquency,but this requirement didn't start until Dec.1997. On debts before that they can only report for 7 years after charge-off.You need to check your records and see when the account was charged off,then dispute it with the CRA's as being "over-age".The ca's can try to collect forever unless you send them a cease and desist.

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