Debt collection question

[talisman]

There is some terrible advice in this thread. Throw it in the garbage and don't waste your time. They can't do a fucking thing.

[347Mike]

You could always get Nigerian scammer on their asses. You could offer to PayPal what is owed, plus 100%.

[Binky]

Texas is a 4 year statute of limitations to collect.

They can send you anything they want in the hope that you pay them, but theres no obligation. No different than me walking up to you and saying you owe me 20 bucks. Says who?

Tell them to fuck off. They cant do shit.

[01vnms4v]

They can't do shit about 5yrs ago a collection company tried to collect on a CC that was closed written off by the CC many years ago and was over seven years plus no longer on my credit report. Wrote a reply to the court and it was closed.

Never herd back from that fly by knight company.


Throw it away!

[Gear_Jammer]

Jedi is correct. The statute of limitations on debts like this is 4 years. I believe the statute of limitations starts to run on the day after your last payment was due. So, if it's been more than 4 years since you paid anything on the card, the limitations has run and you're not legally liable for the debt. That doesn't mean they won't try to sue you - you only have a valid legal defense that you would have to plead if they filed suit.

If I were you, I would write them a letter telling them that you dispute the debt. I would also tell them the debt is no longer valid pursuant to §16.004 of the Texas Civil Practices and Remedies Code 4 year statute of limitations. I would probably also tell them that if they continue to harrass you that you will consider it to be a violation of the Fair Debt Collection Practices Act and that you will report it to the Texas Attorney General's office.

[lincolnboy]

Unless you have bad credit or that credit is hurting you, leave it be. Dont answer their calls or mail. Texas law will not let them come after you in any way. If it is affecting you call them and arrange a lower payoff. They usually will work with you on a lower payoff

[Roscoe]

Jedi is correct. The statute of limitations on debts like this is 4 years. I believe the statute of limitations starts to run on the day after your last payment was due. So, if it's been more than 4 years since you paid anything on the card, the limitations has run and you're not legally liable for the debt. That doesn't mean they won't try to sue you - you only have a valid legal defense that you would have to plead if they filed suit.

If I were you, I would write them a letter telling them that you dispute the debt. I would also tell them the debt is no longer valid pursuant to §16.004 of the Texas Civil Practices and Remedies Code 4 year statute of limitations. I would probably also tell them that if they continue to harrass you that you will consider it to be a violation of the Fair Debt Collection Practices Act and that you will report it to the Texas Attorney General's office.

Gold, this is.

[Forever_frost]

Or, do what Jammer said and add a picture of a rifle scope and their CEO

[talisman]

Jedi is correct. The statute of limitations on debts like this is 4 years. I believe the statute of limitations starts to run on the day after your last payment was due. So, if it's been more than 4 years since you paid anything on the card, the limitations has run and you're not legally liable for the debt. That doesn't mean they won't try to sue you - you only have a valid legal defense that you would have to plead if they filed suit.

If I were you, I would write them a letter telling them that you dispute the debt. I would also tell them the debt is no longer valid pursuant to §16.004 of the Texas Civil Practices and Remedies Code 4 year statute of limitations. I would probably also tell them that if they continue to harrass you that you will consider it to be a violation of the Fair Debt Collection Practices Act and that you will report it to the Texas Attorney General's office.

This man knows his shit.

[slownbmta]

Jedi is correct. The statute of limitations on debts like this is 4 years. I believe the statute of limitations starts to run on the day after your last payment was due. So, if it's been more than 4 years since you paid anything on the card, the limitations has run and you're not legally liable for the debt. That doesn't mean they won't try to sue you - you only have a valid legal defense that you would have to plead if they filed suit.

If I were you, I would write them a letter telling them that you dispute the debt. I would also tell them the debt is no longer valid pursuant to §16.004 of the Texas Civil Practices and Remedies Code 4 year statute of limitations. I would probably also tell them that if they continue to harrass you that you will consider it to be a violation of the Fair Debt Collection Practices Act and that you will report it to the Texas Attorney General's office.

I will do this. I appreciate all the replies/advice

[Doug Hatton]

You might be suprised at how much old debt is on your credit report. To have it removed, you should write a dispute letter due to it's age and send to the reporting agencies. It'll drop off within a month and your score will dramatically improve. One thing I learned, is just because it SHOULDN'T be on your report, doesn't mean it's NOT. Know what's on it!

[krazy kris]

You might be suprised at how much old debt is on your credit report. To have it removed, you should write a dispute letter due to it's age and send to the reporting agencies. It'll drop off within a month and your score will dramatically improve. One thing I learned, is just because it SHOULDN'T be on your report, doesn't mean it's NOT. Know what's on it!

But won't a dispute letter make it reactivate and they will put a freeze on that account and then it will stay on your report until you unfreeze it. Once you unfreeze it your score will drop significantly

[talisman]

But won't a dispute letter make it reactivate and they will put a freeze on that account and then it will stay on your report until you unfreeze it. Once you unfreeze it your score will drop significantly

No.

[Swamp Donkey]

You might be suprised at how much old debt is on your credit report. To have it removed, you should write a dispute letter due to it's age and send to the reporting agencies. It'll drop off within a month and your score will dramatically improve. One thing I learned, is just because it SHOULDN'T be on your report, doesn't mean it's NOT. Know what's on it!

What's the best site to pull my credit scores from and check for inaccuracies? I don't mind paying for the reports, I just don't want a monitoring service or any reccuring fees bs. I'm planning on refinancing my house soon and would like to get my score as high as possible.

[slow06]

What's the best site to pull my credit scores from and check for inaccuracies? I don't mind paying for the reports, I just don't want a monitoring service or any reccuring fees bs. I'm planning on refinancing my house soon and would like to get my score as high as possible.

You get one free every year from each of the 3 agencies, I think the correct website is annualcreditreport.com. Whatever you do make sure you get your credit report and not just your credit score.