Re: Midland Credit

Posted by LadynRed (199.91.33.254) on February 21, 2003 at 14:09:28:

In Reply to: Re: Midland Credit posted by Bleau on February 21, 2003 at 13:35:01:

Well, being on your credit report 4 times doesn't mean they've re-aged the debt but it certainly sounds like file poisoning to me, or bad duplicate entries. Are all the entries the same or is the info different for each one ??

Wow.. took some time to ferret this one out !
Here's the statute:

"§55-2-6. Actions to recover on award or contract other than judgment or recognizance.

Every action to recover money, which is founded upon an award, or on any contract other than a judgment or recognizance, shall be brought within the following number of years next after the right to bring the same shall have accrued, that is to say: If the case be upon an indemnifying bond taken under any statute, or upon a bond of an executor, administrator or guardian, curator, committee, sheriff or deputy sheriff, clerk or deputy clerk, or any other fiduciary or public officer, within ten years; if it be upon any other contract in writing under seal, within ten years; if it be upon an award, or upon a contract in writing, signed by the party to be charged thereby, or by his agent, but not under seal, within ten years; **** and if it be upon any other contract, express or implied, within five years,**** unless it be an action by one party against his copartner for a settlement of the partnership accounts, or upon accounts concerning the trade or merchandise between merchant and merchant, their factors or servants, where the action of account would lie, in either of which cases the action may be brought until the expiration of five years from a cessation of the dealings in which they are interested together, but not after."

Follow Ups:

Post a Followup