Q. Can a collection agency file a 1099-C on a debt that the statute of limitations has ran out on? Any help would be appreciated – they’ve been calling, and threatening to file. A. Your question brings up two points a) can a collection agency continue collection efforts after the statute of limitations has run [...]
Entries Tagged as 'Statute of limitations'
Debt Past Statute of Limitations and Collection Threatens to Issue 1099-C
December 27th, 2011 · 1 Comment · Collection Agencies
Tags: 1099-C·collection agency·Debt Settlement·FDCPA·FTC·IRS·State Attorney General·Statute of limitations
Beware of Debt Settlement with Junk Debt Buyers
November 17th, 2011 · No Comments · Debt Settlement
Before settling on any old debt, check the statute of limitations on your debt.
Tags: bad debt buyers·debt·debt buyers·Debt Settlement·Junk Debt Buyers·settling debt·Statute of limitations·zombie debt buyers
I Was Served a Summons. Send Debt Validation Letter?
November 8th, 2011 · No Comments · I'm being sued!
Q. Hi I just now found your site and wish I had found it earlier. I was served a summons to appear for a credit card debt that is past the statue of limitations in Oklahoma. I have 35 days to respond, can I request the validation of debt now or do I need to [...]
Tags: allegations·Attorney·complaint·Debt Validation·DV·I've been sued·Statute of limitations·summons
Before Paying Off Old Debt, Check Statute of Limitations
September 6th, 2011 · No Comments · Credit Repair
Though paying off old debt is one of the best ways to repair bad credit, it is often unnecessary.
Tags: bad credit·credit·Credit Repair·credit report·Credit Score·debt·old debt·open-ended accounts·promissory notes·repair bad credit·Statute of limitations
