Re: LadynRed - 1 more ? for you! ;0)
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Posted by LadynRed
(199.91.33.254) on June 20, 2003 at 10:39:51:
In Reply to: LadynRed - 1 more ? for you! ;0) posted by missy on June 20, 2003 at 10:06:03:
The 3 yr SOL is for suing you to collect on a debt, NOT the reporting period on your CR. Derogs stay for 7 years :( However, WhyChat has a letter you can use to dispute these out-of-statute debts with the CRA's and likely get it removed early. If you have a charge-off showing, a mortgage lender will want it paid off if its not, and want an explanation if it has been truly paid by you.
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