Re: Old Charge Off - When is SOL and 7 years due?

Posted by Why Chat (209.240.222.130) on May 28, 2002 at 22:04:57:

In Reply to: Re: Old Charge Off - When is SOL and 7 years due? posted by Sean on May 28, 2002 at 20:06:17:

Basically,unless a collection agency is located,licensed and registered in Oregon,in order to collect (legally) from an Oregon resident, they must be from a State that licenses and registers collection agencies.

OREGON
COLLECTION AGENCY BOND & LICENSE
Bond: No
License: Registration only
Fee: Established by director
Exemption for out-of-state collectors: Contact state authorities. Out-of-state agencies may be exempt if [1] collecting for out-of-state client; [2] the debt was incurred by an Oregonian outside the state; and [3] the state where the collection agency is headquartered has a registration program comparable to Oregon's law.

If the "1996" account doesn't come off your report in 2003, you can dispute it as "overage" with copies of your paperwork.

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