creditrepair.com

[Gasser64]

My favorite, was a friend from undergrad with her giant fake tits, courtesy of $100/bbl oil, asking for prayers because they had just bought a new house, a new suv, a new truck, a new toy hauler, and some toys to fill it with, and her husband was laid off.

That's about right. Just bought a brand new 4 door toyota something, and a new 900 per month Tundra truck, as well as a boat. Don't you kind of wish you could recommend dontbuyshityoucantafford.com to these types of people? But alas, they're friends, and they wouldn't take it so well.

[lincolnboy]

Pay them off your self. Call call call.

[slow99]

Yeah, the one that really helped me was www.dontbuyshityoucantafford.com.

Fuck that, YOLO!!!

[Sean88gt]

Fuck that, YOLO!!!

Good thing the mafia doesn't report!

[samuel642000]

I'm in a similar situation as the OP, 7 yr old debt but every time it gets sold it acts as a new debt, is there anyway to stop this from being there forever? And just revolving over and over and over.

[chronical]

I'm in a similar situation as the OP, 7 yr old debt but every time it gets sold it acts as a new debt, is there anyway to stop this from being there forever? And just revolving over and over and over.

If you are sure the date of first delinquency was 7 years ago, send them a certified FOAD letter and they will stop playing hot potato with you.

[DON SVO]

If you are sure the date of first delinquency was 7 years ago, send them a certified FOAD letter and they will stop playing hot potato with you.

Does it drop off your credit report after 7 years as well?

[CexMashean]

Where the fuck are the oilfield money tits?

[Sean88gt]

I'm in a similar situation as the OP, 7 yr old debt but every time it gets sold it acts as a new debt, is there anyway to stop this from being there forever? And just revolving over and over and over.

That doesn't constitute a "new, last recorded transaction".

Your obligation is the original creditor, thus, your obligation to them is expired. They sold the debt, but you never contracted with the debt collector, they live in a Caveat Emptor kind of world.

§ 16.004. Four-Year Limitations Period
(a) A person must bring suit on the following actions not later than four years after the day the cause of action accrues:
(1) specific performance of a contract for the conveyance of real property;
(2) penalty or damages on the penal clause of a bond to convey real property;
(3) debt;
(4) fraud; or
(5) breach of fiduciary duty.
(b) A person must bring suit on the bond of an executor, administrator, or guardian not later than four years after the day of the death, resignation, removal, or discharge of the executor, administrator, or guardian.
(c) A person must bring suit against his partner for a settlement of partnership accounts, and must bring an action on an open or stated account, or on a mutual and current account concerning the trade of merchandise between merchants or their agents or factors, not later than four years after the day that the cause of action accrues. For purposes of this subsection, the cause of action accrues on the day that the dealings in which the parties were interested together cease.


Tex. Civ. Prac. & Rem. Code § 16.004

The date of last activity is what the court uses (see bolded above).

In short, tell them to go fuck themselves.

[built2layframe]

My favorite, was a friend from undergrad with her giant fake tits, courtesy of $100/bbl oil, asking for prayers because they had just bought a new house, a new suv, a new truck, a new toy hauler, and some toys to fill it with, and her husband was laid off.

Sounds like your talking about my brother in law. lol

[chronical]

Does it drop off your credit report after 7 years as well?

yes, seven years is the allotted time for reporting and 4 years for collecting here in Texas. Regardless of how many times it is sold

[chronical]

That doesn't constitute a "new, last recorded transaction".

Your obligation is the original creditor, thus, your obligation to them is expired. They sold the debt, but you never contracted with the debt collector, they live in a Caveat Emptor kind of world.

§ 16.004. Four-Year Limitations Period
(a) A person must bring suit on the following actions not later than four years after the day the cause of action accrues:
(1) specific performance of a contract for the conveyance of real property;
(2) penalty or damages on the penal clause of a bond to convey real property;
(3) debt;
(4) fraud; or
(5) breach of fiduciary duty.
(b) A person must bring suit on the bond of an executor, administrator, or guardian not later than four years after the day of the death, resignation, removal, or discharge of the executor, administrator, or guardian.
(c) A person must bring suit against his partner for a settlement of partnership accounts, and must bring an action on an open or stated account, or on a mutual and current account concerning the trade of merchandise between merchants or their agents or factors, not later than four years after the day that the cause of action accrues. For purposes of this subsection, the cause of action accrues on the day that the dealings in which the parties were interested together cease.


Tex. Civ. Prac. & Rem. Code § 16.004

The date of last activity is what the court uses (see bolded above).

In short, tell them to go fuck themselves.

Yep, but do it certified and include the Cease and Desist as well. Hence the FOAD recommendation.

[Sean88gt]

Sounds like your talking about my brother in law. lol

LMFAO!!! I'm sure it's a lot of peoples brother in laws at this point

yes, seven years is the allotted time for reporting and 4 years for collecting here in Texas. Regardless of how many times it is sold

I believe you still have to petition for removal, no?

Yep, but do it certified and include the Cease and Desist as well. Hence the FOAD recommendation.

Exactly. And if it's health related, look up the provisions of data transfer in HIPAA.

[chronical]

LMFAO!!! I'm sure it's a lot of peoples brother in laws at this point


I believe you still have to petition for removal, no?



Exactly. And if it's health related, look up the provisions of data transfer in HIPAA.

An appropriately worded letter will get it removed.
Yes, HIPPA based disputes are the best. 1. Pay the original creditor. 2. Send the right letters to collectors asking why the hell they have your info if there isn't an outstanding balance. 3. Profit?

[Gasser64]

I'm in a similar situation as the OP, 7 yr old debt but every time it gets sold it acts as a new debt, is there anyway to stop this from being there forever? And just revolving over and over and over.

I think they'll give up eventually. They did with me anyway. I owed dish $300 and told them to get fucked because in my view, the breached the contract we had. It did last about 7 years. I finally told one collector who called me that I would NEVER pay. Years later it was not on the report. Might take longer if you owe more, but I bet they'll eventually forget.