Re: Chargeoffs

Posted by justfauxit (209.240.198.61) on July 29, 2003 at 21:00:47:

In Reply to: Chargeoffs posted by recon on July 29, 2003 at 20:23:58:

your 7 years will not go forever, even if the debt was sold. your 7 yrs starts on the date of last activity(dola) thatis for reporting on your cr, go to whychats website and find the sol for your state ( for sol that they can sue for collections) i think most are4 yrs. some are less, depends on your state. both sol's (statute of limitations) depends on your dola, not on if the account is sold. keep reading on this site, and also creditboards.com, you will get tons of great information.
also on whychats site, you will find a link for bud hibbs, download his ebook for free, it will help also. i owe 45,000 and i will be darned if i will settle, for sure not with a ca.
good luck, justfauxit

Follow Ups:

Post a Followup